Join Mike Figliuolo for an in-depth discussion in this video Making democratic decisions, part of Decision-Making Strategies.
- The third style of decision-making that you can use…is Democratic Decision Making.…And this is where a decision is reached by a majority vote.…Buying is desirable but it's not essential.…These are the decisions we just gotta make…and we gotta move on with life.…So, individuals are going to interact,…you may have a committee where people…are going to come together, form an opinion,…but ultimately we set a deadline, we vote and we move on.…Imagine a situation where you're trying…to choose a new color and floor plan for the office.…
This is not a huge decision.…It's not a make or break call for the organization.…But we do need to make the call,…and then execute so we can get back to work.…You may assign a committee of people…to ultimately choose that color.…And you're going to put it to a vote.…Now, not everyone is going to be happy…because this is a matter of personal taste so many times.…We want as many people as possible to be happy,…but we wanna make the call and get it done.…So as you think about situations where you're going to apply…
- Define types of decision-making styles.
- Explain the benefits of participatory decision-making.
- Identify when to use a consensus-based decision-making style.
- List the components of an RACI matrix.
- Describe how to reduce decision-making risk.
- Implement a decision-making cycle.