DECISION MAKING steps

1. decision making
Presented by :- Sakshi Bishnoi

5. decision making process
 There are eight steps of decision making :-
1. Identification of problem
2. Identification of decision criteria
3. Weigh decision criteria
4. Develop alternatives
5. Analyzing the alternatives
6. Selection of the best alternatives
7. Implement the best alternative
8. Evaluating the decision

6. problem
The decision making starts with the problem. The
problem means the state of discrepancy between an
existing and a desired state of affairs .

7. Identification of problem
 Make sure it’s a problem and not just a symptom of
problem.
 Problem identification of subjective.
 Discrepancy can be found by comparing results with
some standard.
 Managers aren’t likely to characterize a discrepancy
as a problem if they perceive that they don’t have
authority, information, or other sources needed to act on
it.
 so, the problem we are identifying is just to get job in
with maximum salary and benefits.

8. Identification of decision criteria
 Decision criteria are the factors that are important to
resolving the problem :-
so, the factors that are relevant in solving our
problems are :-
 Salary
 job environment
 Facilities
 Location
 Timings
 Job security
 Opportunity to progress

9. Weigh decision criteria
 This criteria is identified in 2 steps of decision making
process aren’t equally important. So, the decision maker
must weigh the items in order to give them correct
priority in the decision.
 salary – one will give most priority to the
salary.(10)
 opportunity to progress – third priority (7)
 Job environment – one will rank it to fourth. (6)
 Incentives – second priority. (8)

10. Development of alternatives
 Alternatives are listed that can resolve the problem :-
 Name of organization (shoe co.)
 Nike
 Asics
 Adidas
 Reebok
 puma

11. Select the best alternative
 A individual rank the alternatives according to the
best he/she gets from an organization according his/her
needs.
 while considering or choosing the best alternative all
the information needs to be considered.

12. Implement the best alternative
 an individual will now carry out the best selected
alternative.
Often the decision is but not implemented.

13. Evaluate the decision
 Individual consider that what went right and what
went wrong with the decision and learn for the future.
 without feedback one never learn from experience
and might repeat the mistake. So, the
feedback/evaluation is quite necessary.

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