Question

As a leader would you prefer to use the individual or group approach when making decisions? Please explain and evaluate the pros and cons of each approach.

Answer 1

As a leader I would like prefer to use group approach when making a decisions. Because, groups approach helps in getting different ideas, thoughts from diversed individual who have different skills and knowldge.

Below are the few pros and cons of individual approach.

Pros:

• less time consuming
• Low cost involved in the decision making process.
• Avoid confusions and dilemmas in the decision making process.

cons:

• Decesions are tend to have more errors due to individual decision making. Thus end up in defects in the business operations.
• Reduce the quality of the goods or services.
• Reduce the profits due to uncertainties in the business.

Below are the pros and cons of group approach.

Pros:

• group approach helps to make good decisions for the projects.
• Involve all members in the teams.
• Group approach provide a ways to enhance and showcase the employee skills and knowledge.
• Enhaces the quality of the business operations, goods and services.

Cons:

• group approach is a time consuming process.
• Group approach will increase the cost of the decision making.
• Group approach tend to have more clashes among the employees or team memebers.

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