i am really stuck big time here... Decision making is an important supervisory function and often a difficult one. the advantages and disadvantages of group decision making, and the differences between decision making and problem solving.

http://www.nysscpa.org/cpajournal/old/15703015.htm

That really sums up the advantages and disadvantages of several methods of decision making.

Decision making and problem solving are both crucial aspects of supervisory functions. Let's break down the advantages and disadvantages of group decision making and the differences between decision making and problem solving.

Advantages of Group Decision Making:
1. Diverse perspectives: In a group setting, individuals bring different backgrounds, experiences, and expertise to the table. This diversity can lead to a more comprehensive analysis of the situation and generate innovative solutions.
2. Increased knowledge: Group members can share their insights and knowledge, thereby expanding the information available for decision making. This broader knowledge base can lead to enhanced decision quality.
3. Increased acceptance: When multiple individuals are involved in the decision-making process, there is a higher chance of buy-in and acceptance of the decision among group members. This can result in greater commitment and implementation of decisions.
4. Improved creativity: Group discussions encourage brainstorming, which can stimulate creativity and generate a wider range of potential solutions or alternatives.
5. Distributed responsibility: Group decision making allows for the distribution of responsibility among members, reducing the burden on any one individual.

Disadvantages of Group Decision Making:
1. Time-consuming: Decision making in a group setting can be a lengthy process as it involves discussion, consensus building, and collaboration among members.
2. Dominance of certain individuals: In some cases, dominant individuals within the group may influence the decision-making process, leading to potential bias or the suppression of alternative viewpoints.
3. Groupthink: Groupthink occurs when group members prioritize maintaining harmony and conformity over critical thinking. This can lead to flawed decisions due to a lack of dissenting opinions or critical evaluation of alternatives.
4. Difficulties in coordination: Larger groups may face challenges in coordinating and managing the decision-making process efficiently.
5. Potential for conflicts: Diverse opinions within a group can lead to conflicts and disagreements, which may hinder the decision-making process if not effectively managed.

Differences between Decision Making and Problem Solving:
Decision Making: Decision making involves selecting one course of action from available alternatives. It typically occurs after problem identification and analysis. Decision making is goal-oriented and focuses on choosing the most appropriate solution or option to achieve a specific objective.

Problem Solving: Problem solving, on the other hand, is the process of identifying, analyzing, and resolving problems. It precedes decision making. Problem solving aims to find the root cause of a situation or challenge and design effective solutions. It involves gathering information, evaluating different options, and selecting the best approach.

To approach decision making and problem solving effectively, consider the following steps:
1. Problem Identification: Clearly define the problem or challenge at hand.
2. Information Gathering: Collect relevant data, facts, and insights about the problem.
3. Analysis: Evaluate the collected information, identify patterns, and understand the underlying causes.
4. Generate Alternatives: Brainstorm and develop multiple potential solutions or courses of action.
5. Evaluate Alternatives: Assess the pros and cons of each alternative, considering factors like feasibility, impact, and potential risks.
6. Decision Making: Choose the most suitable alternative based on the evaluation process.
7. Implementation: Execute the decision by developing an action plan and allocating resources.
8. Evaluation: Monitor and assess the results of the decision, making adjustments as necessary.

Remember, decision making and problem solving are iterative processes, and it's essential to adapt and refine as new information becomes available.