Essays on Decision Making under Uncertainty in Climate Change Organizations Coursework

Download full paperFile format: .doc, available for editing

The paper "Decision Making under Uncertainty in Climate Change Organizations" is an engrossing example of coursework on management. In the decision-making process especially under uncertainty conditions, the decision-maker is faced with different changes and has to choose different alternatives. The alternatives have different outcomes; hence decision-makers should be able to evaluate the outcomes of the alternatives. Environment decision-maker faces uncertainty due to lack of information on natural systems and different views and perceptions of stakeholders. This paper has examined the possible uncertainty in different organizations and an environment change.

The paper focused on different uncertainty and attitudes of decision-makers towards uncertain conditions. There are different criteria that are employed by a decision-maker in order to deal with uncertainty and risks in decision making. The paper has also examined the different approaches that environmentalists can use in order to come up with a decision that ill has better outcomes. This report recommends that communication and identification of uncertainty are crucial in the selection of approaches to address uncertain conditions in environmental changes. Introduction This report aims at establishing the relationship between uncertainty and the decision making process in an organization.

This is because decision making is the most crucial task that top management individuals and is the most difficult. This is true especially when there are different stakeholders that are involved in the decision-making process. This means that the decision-making process is dependent on the knowledge managers have on the outcomes of their decisions (Booth & Choudhary, 2013). This report focuses on the different uncertainties that are faced by the organization and the need for decision making under the uncertainties. In addition, the report also examines the managerial decision making under risk conditions and the criteria in decisions in a sustainable environment. Uncertainty in Businesses Environment Change Environmental decision making is one of the difficult tasks for decision-makers in a sustainable environment.

This is due to a lack of relevant information and the varying demands of different stakeholders. Uncertainty is a crucial factor that influences the ways in which decision-makers in business organizations make their decisions. Uncertainty influences the ways in which decision-makers in climate change relate and interact with one another and have a significant influence on the performance of a company product (Booth & Choudhary, 2013).

As a result of its direct link to the activities of an organization, many researchers have focused on the influence of uncertainty and its importance on the decision-making process in most organizations. Most organizations are tasked with the responsibility of identifying the different sources of uncertainty in order to quantify the output that results from the uncertainty. Depending on the organization, uncertainty may result from different sources (Polasky et al. , 2011). For example, in science, uncertainty results from different sources, which influence clinical decisions.

According to Politi and Ligare (2010), scientists are able to conceptualize uncertainty in different ways in order to establish the probability of future events. This means that there is a need to communicate uncertainty in order to develop shared decision making. However, many organizations rarely make a decision concerning uncertainties in their organizations. In a business organization, there are different types of uncertainties (Groves and Lempert, 2007).

References

Booth, A., & Choudhary, R. (2013). Decision making under uncertainty in the retrofit analysis of the UK housing stock: Implications for the Green Deal. Energy and Buildings, 64, 292–308.

Fitzgerald, M. & Ayson, S. (Eds.) (2011). Managing under uncertainty: a qualitative

approach to decision making. Frenchs Forest, Sydney, NSW: Pearson.

Groves, D.G. and Lempert, R.J. (2007). A new analytic method for finding policy-relevant scenarios. Global Environmental Change, 17, 73–85.

Johnson, D & Johnson, F. (2009). Decision Making. In M. Fitzgerald & S. Ayson, (Eds.), Managing under uncertainty: a qualitative approach to decision making (pp. 498-551). Frenchs Forest, Sydney, NSW: Pearson

Kreye, M., Goh, Y., Newnes, L., & Goodwin, P. (2012). Approaches to displaying information to assist decisions under uncertainty. Omega, 40, 682–692.

Moore, S., Erika Z., and Rebecca S. (2012). Decision‐Making Under Uncertainty: An Assessment of Adaptation Strategies and Scenario Development for Resource Managers. California Energy Commission.

Nicholson, E. and Possingham, H.P. (2007). Making conservation decisions under uncertainty for the persistence of multiple species. Ecological Applications, 17, 251–265.

Parzek, K., & Rozman, C. (2009). Decision making under conditions of uncertainty in agriculture: a case study of oil crops. Agriculture, 15(1), 45-50

Polasky, S., Carpenter, S., Folke, C., & Keeler, B. (2011). Decision-making under great

uncertainty: environmental management in an era of global change. Trends in Ecology and Evolution, 26(8).

Politi, M., & Legare, F. (2010). Physicians’ reactions to uncertainty in the context of shared decision making. Patient Education and Counseling, 80 (2010) 155–157.

Riabacke, A. (2006). Managerial Decision Making Under Risk and Uncertainty. IAENG International Journal of Computer Science, 32(4). 1-11

Download full paperFile format: .doc, available for editing
Contact Us