Turpin, SMMarais, Mario A2012-01-162012-01-162004Turpin, SM and Marais, MA. 2004. Decision-making: Theory and Practice. Orion, Vol 20(2), pp 143–1600529-191Xhttp://orion.journals.ac.za/pub/article/view/12/12http://hdl.handle.net/10204/5491Powered by OJS and hosted by Stellenbosch University Library and Information Service since 2011.This paper compares a number of theoretical models of decision-making with the way in which senior managers make decisions in practice. Six prominent decision-makers were interviewed about their own decision-making style as well as their use of decision support technology. Much variation was found in people’s personal decision-making styles. However, some central themes emerged, such as the importance of sensitivity to the decision-making context, attention to the presentation of information, and the use of gut feel or intuition. In terms of the use of decision support technology, the use of self-help tools such as office software was clearly favoured.enDecision support systemsSubjective expected utilityRational modelDecision making theoriesDecision making practicesDecision-making: Theory and PracticeArticleTurpin, S., & Marais, M. A. (2004). Decision-making: Theory and Practice. http://hdl.handle.net/10204/5491Turpin, SM, and Mario A Marais "Decision-making: Theory and Practice." (2004) http://hdl.handle.net/10204/5491Turpin S, Marais MA. Decision-making: Theory and Practice. 2004; http://hdl.handle.net/10204/5491.TY - Article AU - Turpin, SM AU - Marais, Mario A AB - This paper compares a number of theoretical models of decision-making with the way in which senior managers make decisions in practice. Six prominent decision-makers were interviewed about their own decision-making style as well as their use of decision support technology. Much variation was found in people’s personal decision-making styles. However, some central themes emerged, such as the importance of sensitivity to the decision-making context, attention to the presentation of information, and the use of gut feel or intuition. In terms of the use of decision support technology, the use of self-help tools such as office software was clearly favoured. DA - 2004 DB - ResearchSpace DP - CSIR KW - Decision support systems KW - Subjective expected utility KW - Rational model KW - Decision making theories KW - Decision making practices LK - https://researchspace.csir.co.za PY - 2004 SM - 0529-191X T1 - Decision-making: Theory and Practice TI - Decision-making: Theory and Practice UR - http://hdl.handle.net/10204/5491 ER -