decision making skills

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Good Decision-making is an Essential Skill for Effective Leadership

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Page 1: Decision making skills
Page 2: Decision making skills

Good Decision-making is an Essential Skill for

Effective Leadership

Page 3: Decision making skills

You do not really know where a road will lead you until you

take it.

There are no guarantees. This is one of the most

important things you need to realize about life.

Page 4: Decision making skills

Making Decisions is a Difficult Process that Consists of Identifying and

Selecting Alternatives, Criteria and Possible Outcomes, to Improve a

Situation.

Whether Decisions are Straightforward or Complex a Methodical and

Systematic Approach will Lead to Success.

Page 5: Decision making skills

Decision making is something you do morning, noon and night.

Making decisions is a part of your life whether you like it or not. You

make decisions all the time.

You can become quite adept and get plenty of practice in developing

the necessary skills to help you in making the right decisions.

Page 6: Decision making skills
Page 7: Decision making skills

Have YOU Always had Problems to Make Difficult Decisions?

Here is some advice to show you how to take the pain out of making difficult

decisions, to make your best choices and get it over and done with.

This Decision-making Model is in Eight Steps, which I called it “Decision-making

Loop” Its Show You a Logical Structured Methodology for Making a Decision.

Page 8: Decision making skills

“It does not matter which side of the fence you get off on

sometimes. What matters most is getting off. You cannot make

progress without making decisions.”

- Jim Rohn

Page 9: Decision making skills

Decision-making Loop

Identify theProblem

Gathering theInformation

Explore theOptions

Evaluate theOption

Monitor theImpact

Choose theOption

Implement theDecision

Modify theDecision

Page 10: Decision making skills

The First Step towards a decision making process is to identify the problem.

This Essential to Understand What to Decide about.

Until you have a clear understanding of the problem or decision to be made, it is meaningless to

proceed.

If the problem is stated incorrectly or unclearly then your decisions will be wrong.

Decision-making LoopIdentify the

Problem

Page 11: Decision making skills

Decision-making LoopIdentify the

Problem

Page 12: Decision making skills

All necessary available facts, opinion, data have to be collected.

This is important because sometimes solutions can come out from these out-of-the-box ideas.

You would also have to do adequate research to come up with the necessary facts that would aid

in solving the problem.

Decision-making LoopGathering theInformation

Page 13: Decision making skills

Ask the 5 W's: What, Who, When, Where, and Why.

What is the situation? Who are the people involved?

When did this happen? Where is this leading?

Why are you in this situation?

These are just some of the possible questions to ask to know more about your

situation. This is important. Oftentimes, the reason for indecision is the lack of

information about a situation.

Decision-making LoopGathering theInformation

Page 14: Decision making skills

What are all the possible options?

Several of these may have variations. Sometimes the options are few, but

sometimes they are numerous.

But what do you do when you think that the situation offers no options?

This is the time that you create your own. Make your creative mind work.

Decision-making LoopExplore the

Options

Page 15: Decision making skills

The most promising options should be discussed and analyzed to determine

how they may be applied and what results they will produce.

Consider how options relate to one another, and whether some options have

common components or make implementation of other options easier.

In parallel with this analysis, identify options that need more research or

clarification.

Decision-making LoopExplore the

Options

Page 16: Decision making skills

After carefully considering each option, select the one that seems most appropriate based on each of these factors: your own values, the positive and negative consequences, your present and future goals, and the effect on others.

Now choose the best one option among those which are explore.

Remember that there are no guarantees and wrong decisions are always at hindsight. So choose to decide and believe that you are choosing the best option at this point in time.

Decision-making LoopChoose the

Option

Page 17: Decision making skills

Evaluate your decisions from each and every aspect because what looks good

on paper or sounds good, may not work when you actually evaluate it.

Evaluation is useful for uncovering the risks involved or difficulties which need

to be overcome when implementing the option.

Strategies can then be developed to manage those risks.

Decision-making LoopEvaluate the

Option

Page 18: Decision making skills

A decision has no value unless you implement it.

To implement the decision means to put into action.

The process of decision is not complete until it is implemented and you have

learnt to live with the consequences.

Decision-making LoopImplement the

Decision

Page 19: Decision making skills

Part of the implementation phase is the monitoring or follow up.

Just making the decision and implementing it is not the end of the

decision making process, it is very important to monitor your decision

regularly.

At this stage, you have to keep a close eye on the progress of the solution

taken and also whether it has led to the results you expected.

Decision-making LoopMonitor the

Impact

Page 20: Decision making skills

Whether it is the Right Decision or Not, only time can tell. But Do Not Regret it

whatever the outcome.

Instead, Learn from it and Remember that You always have the chance to

make better Decisions in the Future.

Decision-making LoopMonitor the

Impact

Page 21: Decision making skills

It consists in determining necessary changes and makes supplementary

decision for adopting the most urgent one there by modifying the decision.

Decision-making LoopModify theDecision

Page 22: Decision making skills

“When making a decision of minor importance, I have always found it

advantageous to consider all the pros and cons. In vital matters, however, such as

the choice of a mate or a profession, the decision should come from the

unconscious, from somewhere within ourselves.

In the important decisions of personal life, we should be governed, I think, by the

deep inner needs of our nature”

- Sigmund Freud

Page 23: Decision making skills

So! The next time you have to take a decision, try to use this ‘Decision-making Loop’

Page 24: Decision making skills

This Presentation Prepared

from the Book

Let’s LEARN Again