You said, “If an organization considers making a given change, the decision must be made putting into different focus aspects, which are likely to influence, by the decision that is made. Stakeholders, in this case, include employees, the impact on organizational performance and easiness to implement the decisions that have been taken (Doya & Shadlen, 2012).
(1)Your point is well taken. Assuming that an organization needs to make a change and the decision involves a choice between A or B. Managers needs to know which of the two potential decisions will be most conducive to achieving their goals. When the organization seeks ways to gain an edge, leaders are faced with tough, often expensive decisions, over which new program or policy, to introduce. A new incentive system? A new marketing approach? Not being able to go down two roads at once, the choice they make will have a significant impact on the success of their corporation into the future.
(2)Given that choices are costly, how would you proceed so that you have a clear sense of not just the costs but also the benefits of each, before committing to one choice? Please justify. What are some ways that selection bias could lead to making a less than optimal choice?