Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Prof. Swanand Deodhar [email_address]
<ul><ul><li>Process </li></ul></ul><ul><ul><ul><li>What  (Problem formulation)  </li></ul></ul></ul><ul><ul><ul><li>Why  (...
Individual Decision Making Group-level Decision Making Inter and Intra Functional Decision Making Inter-Organizational Dec...
Impact Frequency Strategic Decision Making Operational Decision Making High Impact, Low Frequency High Frequency Low Impact
<ul><ul><li>Decision Tree </li></ul></ul><ul><ul><ul><li>Based on idea of information theory </li></ul></ul></ul><ul><ul><...
<ul><ul><li>Can you critique a decision? </li></ul></ul><ul><ul><li>On what grounds can you critique a decision? </li></ul...
<ul><ul><li>Is the problem being identified correctly </li></ul></ul><ul><ul><li>Why a particular situation is being defin...
<ul><ul><li>Is there a possible route that has been left out?  </li></ul></ul><ul><ul><li>Is there a rationale for leaving...
<ul><ul><li>Are contingencies being handled? </li></ul></ul><ul><ul><li>If a contingency is being left out then what is th...
<ul><ul><li>Have all the resource dependencies being identified? </li></ul></ul><ul><ul><li>If a resource is available, th...
 
Upcoming SlideShare
Loading in …5
×

Decision Making Concepts: A Review

4,602 views

Published on

Published in: Business, Technology
  • Be the first to comment

Decision Making Concepts: A Review

  1. 1. Prof. Swanand Deodhar [email_address]
  2. 2. <ul><ul><li>Process </li></ul></ul><ul><ul><ul><li>What (Problem formulation) </li></ul></ul></ul><ul><ul><ul><li>Why (Problem rationale) </li></ul></ul></ul><ul><ul><ul><li>Which (possible solutions) </li></ul></ul></ul><ul><ul><ul><li>How (Operationalizing and selecting solutions) </li></ul></ul></ul><ul><ul><ul><li>Outcome (evaluation) </li></ul></ul></ul><ul><ul><li>Contingency </li></ul></ul><ul><ul><li>Dependency </li></ul></ul><ul><ul><ul><li>Individual, Functional, Organizational </li></ul></ul></ul><ul><ul><li>Equilibrium </li></ul></ul><ul><ul><li>Data </li></ul></ul><ul><ul><ul><li>Validity (Is the correct data being leveraged?) </li></ul></ul></ul><ul><ul><ul><li>Reliability (Is the data being leveraged correctly?) </li></ul></ul></ul>
  3. 3. Individual Decision Making Group-level Decision Making Inter and Intra Functional Decision Making Inter-Organizational Decision Making
  4. 4. Impact Frequency Strategic Decision Making Operational Decision Making High Impact, Low Frequency High Frequency Low Impact
  5. 5. <ul><ul><li>Decision Tree </li></ul></ul><ul><ul><ul><li>Based on idea of information theory </li></ul></ul></ul><ul><ul><ul><li>Provides a set of rules for making a structured decision </li></ul></ul></ul><ul><ul><li>Modified Delphi Technique </li></ul></ul><ul><ul><ul><li>Based on idea of consensus building </li></ul></ul></ul><ul><ul><ul><li>A group moderator looks to build a synergy between multiple (and often competing views) </li></ul></ul></ul>
  6. 6. <ul><ul><li>Can you critique a decision? </li></ul></ul><ul><ul><li>On what grounds can you critique a decision? </li></ul></ul><ul><ul><li>The simplest way to critique a decision is to evaluate a decision on its components </li></ul></ul><ul><ul><ul><li>Problem definition </li></ul></ul></ul><ul><ul><ul><li>Number of options considered </li></ul></ul></ul><ul><ul><ul><li>Handling of contingencies </li></ul></ul></ul><ul><ul><ul><li>Identifying dependencies </li></ul></ul></ul>
  7. 7. <ul><ul><li>Is the problem being identified correctly </li></ul></ul><ul><ul><li>Why a particular situation is being defined as a problem? </li></ul></ul><ul><ul><ul><li>Different humans will interpret a problem differently </li></ul></ul></ul>
  8. 8. <ul><ul><li>Is there a possible route that has been left out? </li></ul></ul><ul><ul><li>Is there a rationale for leaving out that route? </li></ul></ul>
  9. 9. <ul><ul><li>Are contingencies being handled? </li></ul></ul><ul><ul><li>If a contingency is being left out then what is the impact of this contingency? </li></ul></ul>
  10. 10. <ul><ul><li>Have all the resource dependencies being identified? </li></ul></ul><ul><ul><li>If a resource is available, then have the contingencies for the same being handled? </li></ul></ul>

×