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The document outlines the decision making process and various factors involved in decision making. It discusses the steps in the decision making process, types of problems and decisions including structured vs unstructured problems, conditions of decision making under certainty, risk and uncertainty. It also covers decision making styles, biases and errors that can influence decision making.
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Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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CHAPTER 2.ppt
- 1. CHAPTER 2 DECISION MAKING : THE ESSENCE OF THE MANAGER’S JOB
- 2. DECISION MAKING PROCESS 1. Identifying a problem 2. Identifying Decision Criteria 3. Allocating Weights to the Criteria 4. Identifying Alternatives 5. Analyzing Alternatives 6. Selecting an Alternatives 7. Implementing the Alternatives 8. Evaluating Decision Effectiveness
- 3. TYPES OF PROBLEMS AND DECISIONS Three perspective on how decisions are made: 1. Rational decision making 2. Bounded rationality 3. Intuitive decision making Please refer to exhibit 7-6 on page 184
- 4. TYPES OF PROBLEMS AND DECISIONS 1. Structured Problems and Programmed Decisions There are 3 types of programmed decisions: 1. Procedure 2. Rule 3. Policy 2. Unstructured Problems and Nonprogrammed Decisions
- 5. Please refer to exhibit 7-7 on page 187 for the relationship among problem, decision and organizational levels. TYPES OF PROBLEMS AND DECISIONS
- 6. DECISION MAKING CONDITIONS 1. Certainty 2. Risk 3. Uncertainty
- 7. DECISION MAKING STYLES 1. Directive style 2. Analytic style 3. Conceptual style 4. Behavioral style
- 8. DECISION MAKING BIASES AND ERRORS 1. Overconfidence 2. Immediate Gratification 3. Anchoring Effect 4. Selective Perception Bias 5. Confirmation Bias 6. Framing Bias 7. Availability Bias 8. Representation Bias 9. Randomness Bias 10. Sunk Cost Error 11. Self serving bias 12. Hindsight Bias