Role of Problem Structuring Method in the Decision-Making Process in workplace Management

Authors

  • Muhammad Ismail MS. Scholar, Department of Business Administration, Superior University, Lahore, Punjab, Pakistan
  • Muhammad Asad Mushtaq MS. Scholar, Department of Business Administration, Superior University, Lahore, Punjab, Pakistan
  • Dr. Sajid Iqbal Assistant professor, Department of Business Administration, Superior University, Lahore, Punjab, Pakistan

DOI:

https://doi.org/10.47205/jdss.2023(4-III)97

Keywords:

Challenges, Decision making, Effectiveness, Improvement, Problems Structure

Abstract

The objective of this study was to assess the efficacy of Structured Objective Decision Analysis (SODA) in improving the decision-making and problem-solving abilities of teams. Using a multidisciplinary approach that includes computer simulation, cognitive design, learning strategies, and mathematical modeling tools is necessary to tackle complex challenges. The study aimed to comprehend the influence of SODA on decision-making in critical circumstances. A survey was given to 150 middle-level executives from different organizations, and statistical analysis was performed using SPSS. The study evaluated the fluctuations in individuals' self-assurance levels regarding problem-solving skills as they gained experience. It also examined the discrepancies in confidence levels across different decision-making situations and the capacity to handle uncertainty during decision-making processes. The study uncovered a robust and positive correlation between decision-making competence and the capacity to surmount obstacles. Nevertheless, there was no notable correlation found between self-perception and the capacities for problem-solving or decision-making. The study highlighted the significance of implementing systematic methodologies such as SODA in situations where important decisions are at stake. Ultimately, this research highlights the crucial significance of structured methodologies, specifically SODA, in improving decision-making and problem-solving abilities in intricate circumstances.

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Published

2023-09-30

Details

    Abstract Views: 61
    PDF Downloads: 21

How to Cite

Ismail, M., Mushtaq, M. A., & Iqbal, S. (2023). Role of Problem Structuring Method in the Decision-Making Process in workplace Management. Journal of Development and Social Sciences, 4(3), 1046–1053. https://doi.org/10.47205/jdss.2023(4-III)97