Outline five advantages of the group decision making technique. (10 marks)November 2022

There are several advantages of the group decision-making technique:

1. Increased creativity and diversity of ideas – Group decision-making allows for a diversity of perspectives and ideas to be considered, which can lead to more creative and innovative solutions.
2. Greater acceptance and commitment – When individuals are involved in the decision-making process, they are more likely to accept and commit to the decision, as they feel a sense of ownership and responsibility.
3. Improved problem-solving – Group decision-making allows for the pooling of knowledge and resources, which can lead to better problem-solving and decision-making.
4. Enhanced communication and collaboration – Group decision-making encourages communication and collaboration among team members, which can improve overall team dynamics and productivity.
5. Increased accountability – Group decision-making allows for the distribution of responsibilities and accountability among team members, which can help to ensure that decisions are implemented effectively.
6. Better evaluation of alternatives – Group decision-making allows for a more thorough evaluation of alternatives, as different perspectives and expertise can be brought to bear on the decision-making process.
7. More efficient decision making- Group decision-making allows for the delegation of tasks, which can lead to more efficient decision-making and the ability to make decisions more quickly.
8. Better risk management – Group decision-making allows for the identification and management of potential risks, as different perspectives and expertise can be brought to bear on the decision-making process.
9. More representative of the organization’s stakeholders – Group decision-making can be more representative of the views and needs of different stakeholders within an organization, including customers, employees, and shareholders.
10. Better decision quality – Group decision-making can improve the quality of decisions, as it allows for a more thorough exploration of options and a more comprehensive evaluation of potential outcomes.