Decision making
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Decision making

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    Decision making Decision making Presentation Transcript

    • Decision MakingPresented BySyed Mohammad Raza
    • Decision Making• Decision is from the Latin word decidere which means "to decide or determine,"• It can be regarded as the mental processes resulting in the selection of a course of action among several alternative scenarios and the output is an action or an opinion
    • Kinds Of Decisions1. Rational – Optimal Choice2. Intuitive or Reasonable3. Decision Support Systems4. Programmed5. Non-Programmed6. Whether7. Which8. Contingent decisions9. Contingent alternatives
    • Decision Making Process• Define and clarify the issue• Listing all possible solutions/options.• Setting a time scale and deciding who is responsible for the decision.• Information gathering.• Weighing up the risks involved.• Deciding on values, or in other words what is important.• Weighing up the pros and cons of each course of action.• Making the decision.
    • Types of Problems• Structured: Constrained problems with convergent solution• Unstructured: Multiple solution• Semi-structured: Certain Factors out of Control
    • Types of Decisions• Structured• Non-structured• Semi Structured
    • Complex Decision Making• Uncertainty• Complexity• High-risk consequences• Alternatives• Interpersonal issues
    • Consensus Decision-MakingAgreement SeekingProcess OrientedCollaborativeRelationship BuildingWhole Group ThinkingAgreement SeekingCooperativeParticipatoryEgalitarian
    • Effective Decision Making• Take responsibility• Assess and update your decisions• Avoid procrastination• Ask experts in your field• Examine logic• Encourage experimentation• Define short term and long term decisions
    • Thank You