Modes of Effective Managerial Decision Making: Assessment of a Typology

The real-world context of managerial decision making makes it difficult to implement the SEU maximization model. Workplace decisions involve multiple players and require functioning within the framework of organiza­ tional goals and norms, two of eight factors that inhibit SEU maximization i field settings (Orasanu & Connolly, 1993). Managers must often contend with the other complicating factors discussed by Orasanu and Connolly: ill structured problems; uncertain, dynamic environments; shifting, ill-defined, or competing goals; action/feedback loops; time stress; and high stakes.