Decision theory, Industrial and organizational psychology, Leadership
The model for decision making that is known as the Vroom-Yetton-Jago model is a framework which attempts to guide decision maker in choosing the best approach for any given situation. It assumes that some situations will require a very fast response, with a clear decision from the highest level, while others will require a slower, more consultative approach, which builds consensus as it goes along. One good feature of the model is that it breaks the task of decision making into a series of simple yes/no questions. When a situation is fed into the flow chart, a clearer view of the type of decision in hand should emerge. In theory it will enlighten a manager to the potential risks and benefits of involving others in that decision.