DECISION MAKING

PRESENTED BY-Ajay Gupta Pavan Varma Angad Singh

Decision making?

It the process of examining your possibilities, options, comparing them and choosing a course of action.

Decision can be either programmed or non programmed.

• Programmed : decisions that are simple and routine and have a pre established decision making plan.

• Non programmed : decisions that are new and complicated and require thought and creativity.

Group decision making

Decision making process

Factors effecting decision making

• Perception• Priority• Acceptability• Demands• Style• Resources• judgment

• Perception – “know before you make.”• Priority – without knowing what you

want there cant be any decision made about.

• Acceptability – accept whether its hard or easy if you think your decision is correct.

• Demands – make sure that no one gets hurt by your decision.

• Style – don’t be outdated.• Resources – make your way with what

is available. don’t ask for more in the region of scarcity.

• Judgment – go on with the correct decision.

4 H Model

Construct Compile Collect Compare Consider Commit

6 C’s of decision making

• Construct a clear picture of precisely what must be decided.

• Compile a list of requirements that must be met.

• Collect information on alternatives that meet the requirements

• Compare alternatives that meet your requirements.

• Consider the WHAT MIGHT GO WRONG factor with each alternative.

• Commit to a decision and follow through with it.

Don'ts

• Don’t fear to express your decision.

• Don’t let your ego change your decision. Remember you shouldn’t hurt others.

• Don’t mke decisions which are outside your realm of authority.

• Don’t crave for unanimous approval. You may not be correct always.

• Don’t get a conclusion without having an over look.

• Don’t make a decision without following the C’s in decision making.