Decision Making - Styles of Decision Making that will drive the process, Part 1

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ScaleUp Madison!

Phil Greenwood

16 episodes

1 week ago

Topics on entrepreneurship including growth strategies, finance, and management of early stage and later stage small businesses.

Entrepreneurship

Business

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Topics on entrepreneurship including growth strategies, finance, and management of early stage and later stage small businesses.

Entrepreneurship

Business

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Decision Making - Styles of Decision Making that will drive the process, Part 1

ScaleUp Madison!

6 minutes 24 seconds

4 years ago

Decision Making - Styles of Decision Making that will drive the process, Part 1

The Vroom-Yetton Model of Decision Making is one of the most effective means to determine 'how' you should decide with emphasis on making a decision on your own vs. consensus. The model, established in the 1970s and 1980s, still has relevance in providing insight on adapting your decision to the situation at hand. This initial segment will focus on the five general decision making types in the model.