Decision Making PowerPoint PPT Content Modern Sample

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164 slides include: the 6 C's of decision making, inherent personal and system traps, decision trees, decision making methods and tips, 4 slides on the GOR approach to decision making, common pitfalls in decision making, effective strategies in making decisions, the 8 major decision making traps and how to effectively minimize each, different decision making perspectives, 3 different types of analysis (grid analysis - paired comparison analysis, and cost/benefit analysis), utilizing planning and overarching questions, 4 modes of decision making and 6 factors in decision making plus more.

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Decision Making PowerPoint PPT Content Modern Sample

  1. 1. DecisionMaking 2013
  2. 2. Decision Trees (7 of 7) Key Decision Outcome Uncertain Possible Outcome Solution www.readysetpresent.com Page 2
  3. 3. Program Objectives (1 of 2)  To examine different decision making models.  To maximize creativity and logic in decision making.  To acquire decision making tips and techniques that accelerate and improve results. www.readysetpresent.com Page 3
  4. 4. Program Objectives (2 of 2)  To become aware of common decision making traps and how to handle them.  To ready yourself for any bumps in the road and have solutions in hand.  To provide a variety of perspectives for the decision making process. www.readysetpresent.com Page 4
  5. 5. Definition Decision Making:  The process of examining your possibilities and options, comparing them, and choosing a course of action. www.readysetpresent.com Page 5
  6. 6. Two Types of Decisions  Programmed: decisions that are simple and routine and have a pre-established decision-making plan  Nonprogrammed: decisions that are new and complicated and require thought and creativity www.readysetpresent.com Page 6
  7. 7. Risk Aversion  Risk aversion occurs when people take fewer risks because they d not like the possibility of failure.  Risk-taking can be very important because it can often cause a creative and innovative solution.  Some situations are riskier than others, so one must evaluate whether or not it is appropriate to take risks. www.readysetpresent.com Page 7
  8. 8. Inherent Personal Traps www.readysetpresent.com Page 8
  9. 9. Common Pitfalls www.readysetpresent.com Page 9
  10. 10. Status Quo (1 of 4)  Humans often have an irrational preference for familiar options and an aversion to radical alternatives.  While the familiar course of action is sometimes the right one, this must be determined by a rational analysis rather than a fear that is wired into us. www.readysetpresent.com Page 10
  11. 11. Narrowly Framing www.readysetpresent.com Page 11
  12. 12. DramaticEvents www.readysetpresent.com Page 12
  13. 13. Cost/Benefit Analysis (2 of 5)  A basic cost/benefit analysis is strictly fiscal in nature and does not include other effects of the proposed option (e.g. emotional response by co-workers, environmental impact, etc). www.readysetpresent.com Page 13
  14. 14. 4 Modes of Decision Making (5 of 7) 3. Group  Seek out the information and insights of select peers, AND make the decision with them.  This means that each of these specific peers has a vote in the eventual outcome and that each voice is as important as yours in that decision. www.readysetpresent.com Page 14
  15. 15. 6 Decision Making Factors (3 of 8) 2. Complexity  The more intricate each alternative is and the more alternatives that are on the table, the more time and involvement a decision may require.  Although, the simplest decisions can often be made independently or through delegation, decisions that can cause headaches probably need to be a team effort. www.readysetpresent.com Page 15
  16. 16. What is your next step?www.readysetpresent.com Page 16
  17. 17. Download “Decision Making” PowerPoint presentation at ReadySetPresent.com 172 slides include: an overview of Decision Making, four famous decision making quotations, 10 factors for making effective decisions, 2 major types of decisions, 7 points on good decisions, the bounded rationality theory, 3points on risk aversion, 6 C’s of decision making, 10 inherent personal traps, 3 decision making methods, 7 slides on decision trees, 18 basic decisionmaking tips, 4 slides on the G.O.R. Approach, 16 points on common pitfalls, 2 slides on broader implications, 9 points on effective strategies, 8 major traps, 9 points on anchoring, 8 points on minimizing anchoring, 9 points on the status quo of decision making, 5 points on combating the status quo, 5 points on the fear of failure, 9 points on searching for support, 6 points onnarrowly framing, 5 slides on underestimating, 3 slides on overestimating, 3slides on dramatic events, 7 slides on the 6 different perspectives of decisionmaking, 11 points of grid analyses, 9 points on paired comparison analysis, 9 points on cost/benefit analysis, 12 points on planning, 4 slides on the 3 overarching questions of decision making, 20 points on the 4 modes of decision making, 28 points on the 6 decision making factors, 16 Actions steps, how to’s and more. Royalty Free - Use Them Over and Over Again. Updated & Expanded 2013 Now: more content, graphics, and diagrams www.readysetpresent.com Page 17

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