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In business and project management, a responsibility assignment matrix [1] (RAM), also known as RACI matrix [2] (/ ˈ r eɪ s i /; responsible, accountable, consulted, and informed) [3] [4] or linear responsibility chart [5] (LRC), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
Participative decision-making (PDM) is the extent to which employers allow or encourage employees to share or participate in organizational decision-making. [1] According to Cotton et al., the format of PDM could be formal or informal. [ 2 ]
This model suggests the selection of a leadership style of groups decision-making. Leader Styles. The Vroom-Yetton-Jago Normative Decision Model helps to answer above questions. This model identifies five different styles (ranging from autocratic to consultative to group-based decisions) on the situation and level of involvement. They are:
High-commitment management is a management approach that focuses on fostering employee empowerment, personal responsibility, and decentralized decision-making at all levels of an organization. Unlike traditional hierarchical management styles, this approach distributes authority to encourage greater engagement and initiative among employees. [1]
Industrial democracy is an arrangement which involves workers making decisions, sharing responsibility and authority in the workplace. While in participative management organizational designs workers are listened to and take part in the decision-making process, in organizations employing industrial democracy they also have the final decisive ...
The culture of the organization or institution is in turn used to guide the meaning of the organization's work. [4] There are certain institutions that successfully participate in organizational structures specific to hierarchical management models, thereby configuring power distribution, authority, communication and decision making.
The social identity approach suggests a more general approach to group decision-making than the popular groupthink model, which is a narrow look at situations where group and other decision-making is flawed. Social identity analysis suggests that the changes which occur during collective decision-making are part of rational psychological ...
But merely entering the numbers wouldn't take into account things like the $25,000 budget, or the value to the family of saving, say, $5,000 vs. $1,000 on a purchase. Things like that can be highly important in making decisions, and their importance can vary greatly with the situation and the people involved.