A small presentation on Group decision making

1. Group Decision Making
Talking Points
Isha Chhatwal
IST 614 – Management principles for information professionals

2. Why not Individual decision making?
 Bounded Rationality
 A decision-making process restricted in the real world
by:
 limited resources
 incomplete and imperfect information
 managers’limited decision-making capabilities

3. How to do a group decision making?
.
Delphi
Technique
Stepladder
Technique
Electronic
Brainstorming
Structured
Conflict
Nominal
Group
Technique

4. Strategic and action planning meet
(STRAP)
 Tier leaders participate in this annual meet to
strategize on the organization’s business plan for the
year ahead.
 My Idea, My Infy
 The idea entitled 'A new platform for hiring fresh
talents via Innovation' is selected for My Idea, My Infy
campaign as part of STRAP SURROUND 2014 in Infosys.

5. Questions
 What kind of decisions, do you think, should
more appropriately be taken by an
Individual than a group?
 Does a consensus group decision at all levels
of organization is a good approach of
decision making?