This article will help you to learn about the difference between individual and group decisions.
Differences between Individual and Group Decisions
Difference – Individual Decisions
1. Decisions are taken by a single individual.
2. Individual decisions are less costly.
3. They are based on limited information gathered by managers.
4. Individual decisions are taken in situations of crisis or emergency.
5. They do not involve moral commitment on the part of members to accept and implement them.
6. Individual decisions do not affect morale or job satisfaction of employees.
7. They introduce one-man control.
8. Individual decisions do not promote interaction amongst superiors and subordinates.
9. Decisions are usually based on clear policy guidelines.
10. Though decisions are based on individual thinking, they are high-quality if the individual has expertise and experience in making such decisions.
11. Individual decisions are usually taken in competitive business situations where people are not open to suggestions.
Difference – Group Decisions
1. Decisions are taken by a group of persons.
2. Group decisions are costly in terms of time and money.
3. They are based on extensive information collected by members of the group.
4. Group decisions are taken when there is sufficient time to make decisions.
5. Group decisions are easier to implement as group members feel committed to them.
6. Group decisions positively affect morale and job satisfaction of employees.
7. They introduce self-control.
8. They promote superior-subordinate interaction and healthy relationships amongst them.
9. Group decisions are taken when the problem requires creativity and expert knowledge of a group.
10. It usually results in high-quality decisions as they are based on extensive brainstorming. They provide the benefit of synergy.
11. Group decisions are usually taken in supportive business situations where group members encourage problem-solving together.