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Decision making

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DECISION MAKING ,[object Object],[object Object],[object Object],[object Object]
DECISION MAKING ,[object Object],[object Object],Our Route Map ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DECISION MAKING ,[object Object],Objectives of the session ,[object Object],[object Object],[object Object]
Defining Decision Making Chester Barnard gave a comprehensive analytical treatment of decision making. A process of narrowing choice. Decision making is universally defined as choosing between alternatives. A Classical Thought : Fayol & Urwick (Stressed Delegation) Taylor alluded scientific methods only as ideal approach. DECISION MAKING
Phases Herbert A. Simons Mintzberg Intelligent Activity Design Activity Choice Activity Selection Phase Development Phase Identification Phase DECISION MAKING
Models ,[object Object],[object Object],[object Object],[object Object],DECISION MAKING
Rational Model ,[object Object],[object Object],[object Object],[object Object],DECISION MAKING Assumptions of Complete Rationality New Rational Techniques.
Social Model Opposite extreme of rational. Model of psychology. Human bundle of feeling, emotions, instincts DECISION MAKING Reasons for escalation of commitment. Project Characteristics Psychological Determinants . Social Forces. Organizational Determinants.
Bounded Rationality Model ,[object Object],DECISION MAKING ,[object Object],Example: A Fair Price Why Bounded ? Constraint Like Time & Cost
How do intuition, judgment, and creativity affect decision making? ,[object Object],[object Object],[object Object],DECISION MAKING
Intuitive Decision Making ,[object Object],[object Object],[object Object],Decision Making
How do judgment affect decision making? ,[object Object],[object Object],[object Object],[object Object],Decision Making
[object Object],[object Object],[object Object],Decision Making
Creativity Preparation Concentration Incubation Illumination verification Decision Making
[object Object],[object Object],[object Object],[object Object],How are decisions made in organizations? Decision Making
How are decisions made in organizations? ,[object Object],[object Object],[object Object],Decision Making
How are decisions made in organizations? ,[object Object],[object Object],[object Object],Decision Making
How are decisions made in organizations? ,[object Object],[object Object],[object Object],Decision Making
Factors Influencing decision making ,[object Object],[object Object],[object Object],Decision Making
How do technology, culture, and ethics influence decision making? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How do technology, culture, and ethics influence decision making? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How do technology, culture, and ethics influence decision making? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How do technology, culture, and ethics influence decision making? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Decisions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Decision Making
How can the decision-making process be managed? ,[object Object],[object Object],[object Object],[object Object],[object Object],Decision Making
Thank you ,[object Object]

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Decision making

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  • 4. Defining Decision Making Chester Barnard gave a comprehensive analytical treatment of decision making. A process of narrowing choice. Decision making is universally defined as choosing between alternatives. A Classical Thought : Fayol & Urwick (Stressed Delegation) Taylor alluded scientific methods only as ideal approach. DECISION MAKING
  • 5. Phases Herbert A. Simons Mintzberg Intelligent Activity Design Activity Choice Activity Selection Phase Development Phase Identification Phase DECISION MAKING
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  • 8. Social Model Opposite extreme of rational. Model of psychology. Human bundle of feeling, emotions, instincts DECISION MAKING Reasons for escalation of commitment. Project Characteristics Psychological Determinants . Social Forces. Organizational Determinants.
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  • 14. Creativity Preparation Concentration Incubation Illumination verification Decision Making
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