Decision making
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The document discusses decision making and effective decision making processes. It provides definitions of decision making from various sources that emphasize selecting among alternatives and consciously choosing a course of action. It then outlines a 7 step process for effective decision making: 1) identify the decision, 2) gather information, 3) identify alternatives, 4) weigh the evidence, 5) choose among alternatives, 6) take action, and 7) review the decision. The document also discusses different decision making styles like analytical, directive, behavioral, and conceptual.
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Decision making
This document discusses key topics related to decision making, including typical approaches, effective decisions, individual vs. group decisions, and factors that can hinder group decision making. It provides an overview of decision making processes and outlines the 6 C's of effective decision making: construct, compile, collect, compare, consider, and commit. The document concludes that groups have advantages over individuals for decision making but must work to leverage these and use thoughtful processes involving problem definition, information gathering, considering alternatives, and deciding on a solution.
Decision Making Process
Presentation Decision making skills :
Topics Covered in this Presentation -
What is Decision Making
Meaning and Definition
Importance of Decision Making
Process of Decision Making
Techniques of Decision Making
Modern Techniques
What is Perception?What is Individual Decision Making?7 Steps to Effective De...
This Soft Skill PPT has following Topics:
What is Perception?
What is Individual Decision Making?
Attribution Theory.
Link Between Perception & Individual Decision Making.
7 Steps to Effective Decision Making Model.
Common Biases in Decision Making.
Pros & Cons of Individual decision making & Group decision making.
Decision making exercise.
Decision making
Decision making is an important daily process for businesses and their management. There are several areas where management needs to make decisions including human resources, production, marketing, client services, and technology. Effective decisions help businesses adapt to changes in the market and gain competitive advantages, while poor decisions can lead to losses or businesses failing to adapt like Blockbuster, Blackberry, Kodak, and Sears. The steps of good decision making involve identifying the problem, gathering information, judging alternatives based on goals, brainstorming choices, selecting the best option, executing the decision as a plan, and evaluating the results.
Decision Making in Management
The document discusses various models and techniques for decision making. It describes the classical and administrative models, with the latter recognizing that managers have bounded rationality and incomplete information. Various steps in decision making are outlined, including recognizing the need, framing the problem, generating alternatives, choosing, implementing, and learning from feedback. Group decision making techniques like brainstorming and the nominal group technique are also summarized.
Decision making dr. kokila saxenapdf
Decision Making process is a very important step of any organisation's sustainability. It is a part of planning process. So if decision making is strong enough of any organisation, the organisation can survive long and effectively.
Factor Influncing Decision Making in International Management
This document outlines the key aspects of decision making including:
- Decision making involves identifying alternatives and choosing a course of action. It can be personal or organizational.
- Factors that influence decision making include internal factors like a manager's experience and abilities, and external factors such as economic conditions, laws/regulations, and decisions by competitors.
- The document discusses types of decisions, factors that influence the decision making process, and provides examples of internal factors like organizational culture and external factors like customer decisions.
Decision making
This document discusses decision making and the decision making process. It defines decision making as selecting between alternative choices or courses of action. The decision making process involves recognizing the nature of the decision, identifying alternatives, choosing the most effective alternative, and implementing it. Effective decision making aims to optimize factors like profits while minimizing expenses. Decision making can occur under conditions of certainty, risk, or uncertainty depending on what is known about the alternatives and risks involved. Most organizational decisions are made under uncertainty with limited information.
Recommended
Decision making
This document discusses key topics related to decision making, including typical approaches, effective decisions, individual vs. group decisions, and factors that can hinder group decision making. It provides an overview of decision making processes and outlines the 6 C's of effective decision making: construct, compile, collect, compare, consider, and commit. The document concludes that groups have advantages over individuals for decision making but must work to leverage these and use thoughtful processes involving problem definition, information gathering, considering alternatives, and deciding on a solution.
Decision Making Process
Presentation Decision making skills :
Topics Covered in this Presentation -
What is Decision Making
Meaning and Definition
Importance of Decision Making
Process of Decision Making
Techniques of Decision Making
Modern Techniques
What is Perception?What is Individual Decision Making?7 Steps to Effective De...
This Soft Skill PPT has following Topics:
What is Perception?
What is Individual Decision Making?
Attribution Theory.
Link Between Perception & Individual Decision Making.
7 Steps to Effective Decision Making Model.
Common Biases in Decision Making.
Pros & Cons of Individual decision making & Group decision making.
Decision making exercise.
Decision making
Decision making is an important daily process for businesses and their management. There are several areas where management needs to make decisions including human resources, production, marketing, client services, and technology. Effective decisions help businesses adapt to changes in the market and gain competitive advantages, while poor decisions can lead to losses or businesses failing to adapt like Blockbuster, Blackberry, Kodak, and Sears. The steps of good decision making involve identifying the problem, gathering information, judging alternatives based on goals, brainstorming choices, selecting the best option, executing the decision as a plan, and evaluating the results.
Decision Making in Management
The document discusses various models and techniques for decision making. It describes the classical and administrative models, with the latter recognizing that managers have bounded rationality and incomplete information. Various steps in decision making are outlined, including recognizing the need, framing the problem, generating alternatives, choosing, implementing, and learning from feedback. Group decision making techniques like brainstorming and the nominal group technique are also summarized.
Decision making dr. kokila saxenapdf
Decision Making process is a very important step of any organisation's sustainability. It is a part of planning process. So if decision making is strong enough of any organisation, the organisation can survive long and effectively.
Factor Influncing Decision Making in International Management
This document outlines the key aspects of decision making including:
- Decision making involves identifying alternatives and choosing a course of action. It can be personal or organizational.
- Factors that influence decision making include internal factors like a manager's experience and abilities, and external factors such as economic conditions, laws/regulations, and decisions by competitors.
- The document discusses types of decisions, factors that influence the decision making process, and provides examples of internal factors like organizational culture and external factors like customer decisions.
Decision making
This document discusses decision making and the decision making process. It defines decision making as selecting between alternative choices or courses of action. The decision making process involves recognizing the nature of the decision, identifying alternatives, choosing the most effective alternative, and implementing it. Effective decision making aims to optimize factors like profits while minimizing expenses. Decision making can occur under conditions of certainty, risk, or uncertainty depending on what is known about the alternatives and risks involved. Most organizational decisions are made under uncertainty with limited information.
Decision making
Within this Presentation Will help you to improve the basic understanding about Decision Making Process as well as to help the Group for Making Decision.
Decision making 2016
Half day open training event for managers and leaders on improving decision-making skills held in London, England.
Decision making
1. Decision making involves choosing the best alternative to achieve objectives and can be done through various styles like collective reasoning, being data-driven, relying on intuition, or considering pros and cons.
2. Barriers to effective decision making include lack of information, context, too much information, lack of feedback, cultural and psychological factors, and using the wrong decision making theory.
3. Critical elements of good decision making are clearly defining objectives and the problem, gathering quality data, considering many alternatives, logical thinking, and acting decisively on the chosen option. Tools like decision matrices, PERT charts, and Gantt charts can aid the process.
Decision Making 2
This document discusses decision making and provides examples of the two main types: programmed and non-programmed decisions. Programmed decisions are routine and based on past experience, while non-programmed decisions are unusual situations that require managerial judgment. The document also outlines the eight main steps in the decision making process: identifying the problem, criteria, alternatives, analysis, selection, implementation, and evaluation. Finally, it examines the three main approaches to decision making: rationality, bounded rationality, and intuition.
Fundamentals of Decision Making
An overview of decision making theory. This guide talks through key concepts relating to decision making within a business context
Decision Making And Creativity
The document discusses decision making processes from the perspective of the author's experience as an adult protective services investigator. As an investigator, the author was required to make quick decisions that affected people's lives based on limited initial information. The author explored both personal experiences and academic approaches to creative decision making. The six steps of the rational choice decision making process are outlined as identifying the problem, choosing a process, developing alternatives, selecting the best option, implementing, and evaluating outcomes. The author notes that intuitive decisions often had to be made within time constraints. Creative and unconventional solutions were sometimes needed. Team decision making was also discussed, noting both advantages like diverse perspectives but also potential challenges like longer decision times.
Routine & strategic decisions, individual and group decisions.
Routine decisions are decisions that people make hundreds of times each day without much thought based on established routines. These routine decisions are usually sufficient but sometimes fail, providing an opportunity to improve decision-making. Decisions in organizations can be strategic, tactical, or operational. Strategic decisions are made by top management and involve long-term goals and resource allocation, while individual decisions are influenced most by perception. Group decisions use tools like SWOT analysis and can be made by consensus, majority vote, or other voting methods.
Decision making
This document discusses key aspects of management decision making. It begins by explaining that management decision making involves a complex mix of knowledge, experience, creative thinking, and risk taking. It is often a rapid process. The document then discusses various types of managerial decisions, including programmed vs non-programmed decisions and proactive vs reactive decisions. It also outlines the typical steps in the decision making process, which include clarifying the problem, developing alternatives, evaluating options, implementing a decision, and assessing the results. Finally, it discusses factors that influence individual decision making such as the importance of the decision and a manager's tolerance for risk.
CHARACTERISTICS & STRATEGIES OF DECISION MAKING
This document discusses key concepts related to decision making. It defines decision making as an intellectual activity that requires judgment and imagination to select among alternatives. Key aspects of decision making discussed include information, alternatives, criteria, values, goals, preferences, decision quality, acceptance, and decision making strategies such as optimizing, satisfying, maximax, and maximin.
Problems in Decision Making
The document discusses several limitations that can impact rational decision making. It notes that managers may focus on finding the right answer rather than clearly defining the problem. Insufficient knowledge about a problem or its alternatives can also limit rational decisions. Time pressures may lead to hasty decisions without full rational consideration. Environmental factors assumed when making a decision could change, undermining the rationality of the choice. Other limitations include the need for compromise, misjudging people's values, poor communication, uncertainty, and an inability to properly analyze available knowledge and human behavior.
Rationality and creativity in decision making
This slides covers the process of rational decision making and creativity in making organizational decision from the prospective of a manager.
Decision Making
The document discusses decision making and the decision-making process. It describes an 8 step process: 1) identifying the problem, 2) identifying decision criteria, 3) allocating weights to criteria, 4) developing alternatives, 5) analyzing alternatives, 6) selecting an alternative, 7) implementing the alternative, and 8) evaluating the decision's effectiveness. It also discusses types of decisions, decision making styles, biases, and creating an effective process.
Decision Making Skills
This presentaion gives a brief explaination about the Decision Making Skills in Human Resource Management inclusive case studies.
Decision Making Styles
The document discusses decision making styles and provides information about determining one's individual style. It covers:
1. Explaining the decision making process and identifying decision points.
2. Using personality tests like Myers-Briggs to determine one's preferences for taking in and organizing information, which influences decision making style.
3. Describing the different styles of sensing, intuition, thinking, and feeling and how to utilize them effectively in decision making.
4. Discussing how one's style can make them more or less effective and the importance of flexing styles to make better decisions.
DECISION MAKING PROCESS BY TIMSR
The document outlines the 7 step process for decision making: 1) define the problem, 2) identify limiting factors, 3) develop potential alternatives, 4) analyze the alternatives, 5) select the best alternative, 6) implement the decision, and 7) establish a control and evaluation system. It provides examples of each step, such as identifying criteria, assigning weights, analyzing alternatives based on the criteria, selecting an alternative, and evaluating the decision. The conclusion emphasizes that decision making involves developing and evaluating alternatives based on criteria to solve the right problem.
Decision making
The document discusses key aspects of effective decision making, including:
1) Timing is crucial - decisions must be made at the appropriate time or their usefulness will be lost.
2) Decisions must be clearly communicated so the receiver understands and the decision is implemented, not just left on paper.
3) Participation from all concerned individuals is important to get different viewpoints and avoid gaps in the decisions.
4) Proper implementation requires collaborative efforts between managers and subordinates, and numerous issues must be addressed for successful implementation.
Managerial decision making
The document discusses managerial decision-making. It describes the decision-making process as involving identifying a problem, selecting alternatives, and evaluating the effectiveness of the decision. It notes that decision-making is the distinctive characteristic of managers and involves committing resources to strategic courses of action. The document also discusses approaches to decision-making like rationality and intuition, factors that influence decisions, and techniques for improving group decision-making like devil's advocacy and dialectical inquiry.
Decision making
The document outlines the 8 step decision making process managers follow which includes: 1) identifying the problem, 2) identifying decision criteria, 3) allocating weights to criteria, 4) developing alternatives, 5) analyzing alternatives, 6) selecting an alternative, 7) implementing the alternative, and 8) evaluating the decision. It also discusses types of decisions, decision making styles, biases that can influence decisions, and quantitative tools that can aid the decision making process such as decision trees, payoff matrices, and break even analysis.
Steps, styles and types of decision making
This is the presentation about Steps, styles and types of decision making .U can know detailed about all of this.
Strategic decision making paper summary
The article reviews three dominant paradigms of strategic decision making: rationality and bounded rationality, politics and power, and garbage can model. It discusses the key aspects and empirical evidence for each paradigm. It also identifies debates within each paradigm and proposes a new research agenda that emphasizes a more realistic view of strategic decision making, including further exploring cognition, normative implications, and ways to improve understanding of conflict.
Decision Making.pptx
Decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker.[1] Every decision-making process produces a final choice, which may or may not prompt action.
Decision-making is an important leadership skill because it helps managers. Effective decisions can save time and propel work projects forward, increasing employee productivity.
DECISION MAKING 1.pptx
The document provides an overview of decision making from philosophical and business perspectives. It discusses Aristotle's view that decision making requires practical wisdom and virtue. It also summarizes Herbert Simon's bounded rationality theory that decisions are based on satisficing rather than maximizing profits due to limited information. The document then discusses decision making in businesses, including the types (strategic, tactical, operational), centralization vs decentralization, and the roles of managers in planning, organizing, and making effective decisions that can increase productivity and profits versus bad decisions that disrupt operations.
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Decision making
Within this Presentation Will help you to improve the basic understanding about Decision Making Process as well as to help the Group for Making Decision.
Decision making 2016
Half day open training event for managers and leaders on improving decision-making skills held in London, England.
Decision making
1. Decision making involves choosing the best alternative to achieve objectives and can be done through various styles like collective reasoning, being data-driven, relying on intuition, or considering pros and cons.
2. Barriers to effective decision making include lack of information, context, too much information, lack of feedback, cultural and psychological factors, and using the wrong decision making theory.
3. Critical elements of good decision making are clearly defining objectives and the problem, gathering quality data, considering many alternatives, logical thinking, and acting decisively on the chosen option. Tools like decision matrices, PERT charts, and Gantt charts can aid the process.
Decision Making 2
This document discusses decision making and provides examples of the two main types: programmed and non-programmed decisions. Programmed decisions are routine and based on past experience, while non-programmed decisions are unusual situations that require managerial judgment. The document also outlines the eight main steps in the decision making process: identifying the problem, criteria, alternatives, analysis, selection, implementation, and evaluation. Finally, it examines the three main approaches to decision making: rationality, bounded rationality, and intuition.
Fundamentals of Decision Making
An overview of decision making theory. This guide talks through key concepts relating to decision making within a business context
Decision Making And Creativity
The document discusses decision making processes from the perspective of the author's experience as an adult protective services investigator. As an investigator, the author was required to make quick decisions that affected people's lives based on limited initial information. The author explored both personal experiences and academic approaches to creative decision making. The six steps of the rational choice decision making process are outlined as identifying the problem, choosing a process, developing alternatives, selecting the best option, implementing, and evaluating outcomes. The author notes that intuitive decisions often had to be made within time constraints. Creative and unconventional solutions were sometimes needed. Team decision making was also discussed, noting both advantages like diverse perspectives but also potential challenges like longer decision times.
Routine & strategic decisions, individual and group decisions.
Routine decisions are decisions that people make hundreds of times each day without much thought based on established routines. These routine decisions are usually sufficient but sometimes fail, providing an opportunity to improve decision-making. Decisions in organizations can be strategic, tactical, or operational. Strategic decisions are made by top management and involve long-term goals and resource allocation, while individual decisions are influenced most by perception. Group decisions use tools like SWOT analysis and can be made by consensus, majority vote, or other voting methods.
Decision making
This document discusses key aspects of management decision making. It begins by explaining that management decision making involves a complex mix of knowledge, experience, creative thinking, and risk taking. It is often a rapid process. The document then discusses various types of managerial decisions, including programmed vs non-programmed decisions and proactive vs reactive decisions. It also outlines the typical steps in the decision making process, which include clarifying the problem, developing alternatives, evaluating options, implementing a decision, and assessing the results. Finally, it discusses factors that influence individual decision making such as the importance of the decision and a manager's tolerance for risk.
CHARACTERISTICS & STRATEGIES OF DECISION MAKING
This document discusses key concepts related to decision making. It defines decision making as an intellectual activity that requires judgment and imagination to select among alternatives. Key aspects of decision making discussed include information, alternatives, criteria, values, goals, preferences, decision quality, acceptance, and decision making strategies such as optimizing, satisfying, maximax, and maximin.
Problems in Decision Making
The document discusses several limitations that can impact rational decision making. It notes that managers may focus on finding the right answer rather than clearly defining the problem. Insufficient knowledge about a problem or its alternatives can also limit rational decisions. Time pressures may lead to hasty decisions without full rational consideration. Environmental factors assumed when making a decision could change, undermining the rationality of the choice. Other limitations include the need for compromise, misjudging people's values, poor communication, uncertainty, and an inability to properly analyze available knowledge and human behavior.
Rationality and creativity in decision making
This slides covers the process of rational decision making and creativity in making organizational decision from the prospective of a manager.
Decision Making
The document discusses decision making and the decision-making process. It describes an 8 step process: 1) identifying the problem, 2) identifying decision criteria, 3) allocating weights to criteria, 4) developing alternatives, 5) analyzing alternatives, 6) selecting an alternative, 7) implementing the alternative, and 8) evaluating the decision's effectiveness. It also discusses types of decisions, decision making styles, biases, and creating an effective process.
Decision Making Skills
This presentaion gives a brief explaination about the Decision Making Skills in Human Resource Management inclusive case studies.
Decision Making Styles
The document discusses decision making styles and provides information about determining one's individual style. It covers:
1. Explaining the decision making process and identifying decision points.
2. Using personality tests like Myers-Briggs to determine one's preferences for taking in and organizing information, which influences decision making style.
3. Describing the different styles of sensing, intuition, thinking, and feeling and how to utilize them effectively in decision making.
4. Discussing how one's style can make them more or less effective and the importance of flexing styles to make better decisions.
DECISION MAKING PROCESS BY TIMSR
The document outlines the 7 step process for decision making: 1) define the problem, 2) identify limiting factors, 3) develop potential alternatives, 4) analyze the alternatives, 5) select the best alternative, 6) implement the decision, and 7) establish a control and evaluation system. It provides examples of each step, such as identifying criteria, assigning weights, analyzing alternatives based on the criteria, selecting an alternative, and evaluating the decision. The conclusion emphasizes that decision making involves developing and evaluating alternatives based on criteria to solve the right problem.
Decision making
The document discusses key aspects of effective decision making, including:
1) Timing is crucial - decisions must be made at the appropriate time or their usefulness will be lost.
2) Decisions must be clearly communicated so the receiver understands and the decision is implemented, not just left on paper.
3) Participation from all concerned individuals is important to get different viewpoints and avoid gaps in the decisions.
4) Proper implementation requires collaborative efforts between managers and subordinates, and numerous issues must be addressed for successful implementation.
Managerial decision making
The document discusses managerial decision-making. It describes the decision-making process as involving identifying a problem, selecting alternatives, and evaluating the effectiveness of the decision. It notes that decision-making is the distinctive characteristic of managers and involves committing resources to strategic courses of action. The document also discusses approaches to decision-making like rationality and intuition, factors that influence decisions, and techniques for improving group decision-making like devil's advocacy and dialectical inquiry.
Decision making
The document outlines the 8 step decision making process managers follow which includes: 1) identifying the problem, 2) identifying decision criteria, 3) allocating weights to criteria, 4) developing alternatives, 5) analyzing alternatives, 6) selecting an alternative, 7) implementing the alternative, and 8) evaluating the decision. It also discusses types of decisions, decision making styles, biases that can influence decisions, and quantitative tools that can aid the decision making process such as decision trees, payoff matrices, and break even analysis.
Steps, styles and types of decision making
This is the presentation about Steps, styles and types of decision making .U can know detailed about all of this.
Strategic decision making paper summary
The article reviews three dominant paradigms of strategic decision making: rationality and bounded rationality, politics and power, and garbage can model. It discusses the key aspects and empirical evidence for each paradigm. It also identifies debates within each paradigm and proposes a new research agenda that emphasizes a more realistic view of strategic decision making, including further exploring cognition, normative implications, and ways to improve understanding of conflict.
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Routine & strategic decisions, individual and group decisions.
Routine & strategic decisions, individual and group decisions.
Similar to Decision making
Decision Making.pptx
Decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker.[1] Every decision-making process produces a final choice, which may or may not prompt action.
Decision-making is an important leadership skill because it helps managers. Effective decisions can save time and propel work projects forward, increasing employee productivity.
DECISION MAKING 1.pptx
The document provides an overview of decision making from philosophical and business perspectives. It discusses Aristotle's view that decision making requires practical wisdom and virtue. It also summarizes Herbert Simon's bounded rationality theory that decisions are based on satisficing rather than maximizing profits due to limited information. The document then discusses decision making in businesses, including the types (strategic, tactical, operational), centralization vs decentralization, and the roles of managers in planning, organizing, and making effective decisions that can increase productivity and profits versus bad decisions that disrupt operations.
Supervision of Instruction and Analysis of Teaching Report.pptx
The document discusses decision making, including definitions, theories, approaches, procedures, strategies, and implications for education. It defines decision making as identifying and choosing the best option from alternatives. Common decision types include yes/no, choice selection, and contingent decisions based on conditions. Theories discussed include normative and descriptive decision theory, causal decision theory, evidential decision theory, game theory, and Bayesian theory. Key approaches are authoritarian, group-based, and automated systems. Good decision making follows procedures like generating alternatives and evaluating them before selecting the best option. Strategies include optimizing, satisficing, maximax, and maximin. Bad decisions can result from lack of alternatives, information, or evaluation. The document stresses the importance
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Decision models
The document outlines four models of decision making:
The rational-economic model assumes decision makers are completely rational and seek to maximize payoffs by considering all information and alternatives.
The administrative model recognizes limitations in rationality and information, so decision makers use heuristics and satisfice rather than optimize.
The implicit favorite model finds decision makers have implicit favorites before evaluating alternatives, then bias criteria to justify pre-existing choices.
The political model views decision making as negotiation among stakeholders with different agendas, using bargaining, persuasion and information control to sway outcomes.
Module 4_Decision Making.pptx
The document summarizes a team presentation on decision making. It discusses the decision making process, approaches to decision making like rational, bounded rationality and intuition-based decision making. It also covers types of decisions, decision making conditions, and decision making approaches like quantitative, systems and environmental approaches. Evidence-based management and its role in decision making is explained. The key aspects of decision making covered are identification of problems, alternatives, analysis, evaluation and implementation.
Decision making
This document discusses decision making, including its meaning, definition, and process. Decision making is defined as selecting a course of action from alternatives based on criteria. The decision making process involves 6 steps: 1) identifying the problem, 2) gathering information, 3) identifying alternatives, 4) analyzing alternatives, 5) choosing the best alternative, and 6) reviewing the decision. The document also discusses types of decisions like programmed/non-programmed and routine/strategic. Finally, it outlines four approaches to decision making: intuition, structural, incremental, and opportunistic.
Decision making and decentralization
Decision making is a key management function that involves choosing between alternatives. There are different types of decisions like mechanistic, analytical, and judgmental. Effective decision making follows principles like considering alternatives and limitations. Decisions can be strategic, administrative, or operational. Decentralization distributes authority so managers can make job-related decisions, while balancing centralized controls and measurements. This allows top management to focus on goals and strategies, while developing managers' abilities through responsibility.
decision making
This document discusses various aspects of decision making and problem solving. It begins by defining decision making as selecting a course of action from various alternatives. It then discusses different decision making styles and provides tips for enhancing decision making skills. Various decision making techniques and models are outlined, including identifying the problem, gathering information, evaluating alternatives, and implementing the decision. Problem solving techniques discussed include categorizing problems, generating potential solutions through brainstorming, and evaluating decisions.
Decision Making and Creativity
This document discusses decision making and creativity. It describes the rational choice paradigm of decision making, which assumes people make logical choices using all available information. However, the document notes several problems with this paradigm in practice, as people have limited information processing abilities and are influenced by emotions, biases, and bounded rationality. The creative process and characteristics of creative people are also covered. Finally, the benefits of employee involvement in decision making are outlined.
Strategic Decision Making Process
This document provides an overview of strategic decision making. It discusses rational models of decision making and their key criteria. It also examines limitations of rational decision making in practice, including individual limitations like bounded rationality and organizational limitations like existing decision processes. Additionally, it outlines a process for strategic risk assessment and considers competitive reactions. A practical model for effective strategic decision making is proposed, and the document concludes by noting decision making often varies in practice.
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The document describes various aspects of the managerial decision-making process, including the rational-economic and behavioral models of decision making. It discusses the seven steps in the decision-making process, concepts related to bounded rationality and escalation of commitment. Group decision making techniques like brainstorming and nominal group technique are described, as well as tools for strategic decision making like the growth-share matrix.
Decision Making
Decision Making
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Decision making
This document discusses various models and techniques for decision making. It describes 10 decision making models: 1) Normative model 2) Descriptive model 3) Decision tree model 4) Strategic model 5) Nursing process model 6) Intuitive decision making model 7) Econological model 8) Moral model 9) Ethical decision making model 10) Problem solving model. Each model outlines a different approach and key steps in the decision making process. The document also covers types of decisions, characteristics, stages, principles, qualities of managers, and techniques or bases for decision making.
6 steps decision making model
The document summarizes different aspects of decision making including rational models, how decisions are actually made, organizational constraints, and ethics. It discusses how rational models assume complete information and optimization but real decisions involve bounded rationality where people satisfice. Decisions are influenced by heuristics, biases, and the need to appear competent. Organizations further constrain decisions through evaluation and reward systems, time pressures, and historical precedents. Ethics in decision making can focus on utilitarianism, rights, or justice but each approach has tradeoffs for productivity and individual interests.
Decision theory approach in management
The document outlines a six step decision theory approach to making complex management decisions: 1) Create a constructive environment by defining objectives, agreeing on the process, and involving stakeholders. 2) Generate good alternatives through techniques like brainstorming and reframing. 3) Explore the alternatives by analyzing risks, implications, and validating feasibility. 4) Choose the best alternative using tools like grid analysis and decision trees. 5) Check the decision intuitively and using techniques like blindspot analysis. 6) Communicate the decision and take action by explaining risks and benefits to gain support.
DECISION MAKING
1. Decision making involves identifying problems, gathering relevant information, identifying alternatives, weighing the evidence, choosing among alternatives, taking action, and reviewing the decision. It is a continuous process that aims to solve problems and meet goals.
2. Effective communication of decisions and participation in decision making from concerned individuals can improve the decision making process. Decisions must be clearly conveyed and input should be gathered from those affected.
3. There are various types of decisions including programmed vs non-programmed, organizational vs personal, major vs minor, and individual vs group decisions. Different decision types are handled differently within an organization.
Decision making in organizations
This document discusses decision making in organizations. It defines decision making as selecting the best alternative from several options. Rational decision making aims to maximize outcomes but assumes complete information, which managers rarely have. Instead, bounded rationality recognizes limitations in processing information, so managers satisfice rather than optimize. Intuition also influences decisions. Biases, individual differences, and organizational constraints further impact the decision making process. The document outlines steps in rational decision making and improving creativity, noting the roles of expertise, skills, and intrinsic motivation.
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1. Decision making involves developing and analyzing alternatives and choosing among them. Most decisions stem from problems.
2. Decisions can be either programmed (routine) or non-programmed (unique), requiring more judgment.
3. Better decision making involves increasing knowledge, reducing biases through self-analysis, using creativity and intuition, having the right timing, and not overemphasizing finality.
4. Group decision making combines resources but can result in groupthink; tools like brainstorming, Delphi technique, and nominal group technique aim to improve outcomes.
Decision Making Process & Styles of Decision Making at Management Level
The presentation explains the Decision Making Process & Styles of Decision Making at a Management level in a detailed manner. It has a video case study as well to simulate he idea of Decision Making in our day today life.
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https://www.humanresourcestoday.com/frs/26903483/the-rules-do-apply--navigating-hr-compliance
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• Resources and strategies for staying informed about changes to labor laws, regulations, and compliance requirements
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
原版一模一样【微信：741003700 】【(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
Speaker: Erin Patchell
Imagine a world where the needs, experiences, and well-being of people— employees and customers — are the focus of integrating technology into our businesses. As HR professionals, what tools exist to leverage AI and technology as a force for both people and profit? How do we influence a culture that takes a human-centred lens?
Your Guide To Finding The Perfect Part-Time Job
Part-time workers account for a significant part of the workforce, including individuals of all ages. A lot of industries hire part-time workers in different capacities, including temporary or seasonal openings, ranging from managerial to entry-level positions. However, many people still doubt taking on these roles and wonder how a temporary part-time job can help them achieve their long-term goals.
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
Speaker: Kinga Petrovai
You have the new AI tools, but how can you help your team use them to their full potential? As technology is changing daily, it’s hard to learn and keep up with the latest developments. Help your team amplify their learning with a new collaborative learning approach called the Learning Hive.
This session outlines the Learning Hive approach that sets up collaborations that foster great learning without the need for L&D to produce content. The Learning Hive enables effective knowledge sharing where employees learn from each other and apply this learning to their work, all while building stronger community bonds. This approach amplifies the impact of other learning resources and fosters a culture of continuous learning within the organization.
How to Leverage AI to Boost Employee Wellness - Lydia Di Francesco - SocialHR...
Speaker: Lydia Di Francesco
In this workshop, participants will delve into the realm of AI and its profound potential to revolutionize employee wellness initiatives. From stress management to fostering work-life harmony, AI offers a myriad of innovative tools and strategies that can significantly enhance the wellbeing of employees in any organization. Attendees will learn how to effectively leverage AI technologies to cultivate a healthier, happier, and more productive workforce. Whether it's utilizing AI-powered chatbots for mental health support, implementing data analytics to identify internal, systemic risk factors, or deploying personalized wellness apps, this workshop will equip participants with actionable insights and best practices to harness the power of AI for boosting employee wellness. Join us and discover how AI can be a strategic partner towards a culture of wellbeing and resilience in the workplace.
Start Smart: Learning the Ropes of AI for HR - Celine Maasland - SocialHRCamp...
Speaker: Celine Maasland
In this session, we’ll demystify the process of integrating artificial intelligence into everyday HR tasks. This presentation will guide HR professionals through the initial steps of identifying AI opportunities, choosing the right tools, and effectively implementing technology to streamline operations. Additionally, we’ll delve into the specialized skill of prompt engineering, demonstrating how to craft precise prompts to enhance interactions between AI systems and employees. Whether you’re new to AI or looking to refine some of your existing strategies, this session will equip you with the knowledge and tools to harness AI’s potential in transforming HR functions.
Building Meaningful Talent Communities with AI - Heather Pysklywec - SocialHR...
Speaker: Heather Pysklywec
Digital transformation has transformed the talent acquisition landscape over the past ten years. Now, with the introduction of artificial intelligence, HR professionals are faced with a new suite of tools to choose from. The question remains, where to start, what to be aware of, and what tools will complement the talent acquisition strategy of the organization? This session will give a summary of helpful AI tools in the industry, explain how they can fit into existing systems, and encourage attendees to explore if AI tools can improve their process.
AI Considerations in HR Governance - Shahzad Khan - SocialHRCamp Ottawa 2024
Speaker: Shahzad Khan
This session on "AI Considerations in Human Resources Governance" explores the integration of Artificial Intelligence (AI) into HR practices, examining its history, current applications, and the governance issues it raises. A framework to view Government in modern organizations is provided, along with the transformation and key considerations associated with each element of this framework, drawing lessons from other AI projects to illustrate these aspects. We then dive into AI's use in resume screening, talent acquisition, employee retention, and predictive analytics for workforce management. Highlighting modern governance challenges, it addresses AI's impact on the gig economy as well as DEI. We then conclude with future trends in AI for HR, offering strategic recommendations for incorporating AI in HR governance.
加急制作美国密歇根州立大学毕业证（msu毕业证书）本科文凭原版一模一样
原版一模一样【微信：741003700 】【美国密歇根州立大学毕业证（msu毕业证书）本科文凭】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
哪里购买伯明翰大学毕业证（uob毕业证）学位证书原版一模一样
原版一模一样【微信：741003700 】【伯明翰大学毕业证（uob毕业证）学位证书】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
原版一模一样【微信：741003700 】【(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Webinar - How to Craft a Winning Compensation Strategy
Join Payscale’s HR team as they discuss how to rethink and build a better compensation strategy that works for your organization.
原版制作英属哥伦比亚大学毕业证研究生文凭证书原版一模一样
原版一模一样【微信：741003700 】【英属哥伦比亚大学毕业证研究生文凭证书】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Rally Webinar Recruitment Marketing for High Volume Hiring.pdf
Watch this expert-led webinar to learn effective tactics that high-volume hiring teams can use right now to attract top talent into their pipeline faster.
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Decision making
- 1. SUBMITTED BY : GEETANJALI DUA 85 HARSHIT SHARMA 86 HARSHITA MALIK 87 HIMANSHU S.TRIPATHI 88
- 2. The thought process of selecting a logical choice from the available options. When trying to make a good decision, a person must weight the positives and negatives of each option, and consider all the alternatives.
- 3. Decision-making is the selection based on some criteria from two or more possible alternatives. “-—George R.Terry A decision can be defined as a course of action consciously chosen from available alternatives for the purpose of desired result —J.L. Massie A decision is an act of choice, wherein an executive forms a conclusion about what must be done in a given situation. A decision represents a course of behavior chosen from a number of possible alternatives. -—D.E. Mc. Farland
- 4. EFFECTIVE DECISION MAKING Decisions need to be capable of being implemented, whether on a personal or organizational level. You do, therefore, need to be committed to the decision personally, and be able to persuade others of its merits.
- 7. 1. Identify the decision: The first step in making the right decision is recognizing the problem or opportunity and deciding to address it. Determine why this decision will make a difference to your customers or fellow employees.
- 8. 2. Gather information:Next, it’s time to gather information so that you can make a decision based on facts and data. This requires making a value judgment, determining what information is relevant to the decision at hand, along with how you can get it. Ask yourself what you need to know in order to make the right decision, then actively seek out anyone who needs to be involved.
- 9. 3. Identify alternatives: Once you have a clear understanding of the issue, it’s time to identify the various solutions at your disposal. It’s likely that you have many different options when it comes to making your decision, so it is important to come up with a range of options. This helps you determine which course of action is the best way to achieve your objective.
- 10. 4. Weigh the evidence: In this step, you’ll need to “evaluate for feasibility, acceptability and desirability” to know which alternative is best, according to management experts Phil Higson and Anthony Sturgess. Managers need to be able to weigh pros and cons, then select the option that has the highest chances of success. It may be helpful to seek out a trusted second opinion to gain a new perspective on the issue at hand.
- 11. 5. Choose among alternatives:When it’s time to make your decision, be sure that you understand the risks involved with your chosen route. You may also choose a combination of alternatives now that you fully grasp all relevant information and potential risks.
- 12. 6. Take action: Next, you’ll need to create a plan for implementation. This involves identifying what resources are required and gaining support from employees and stakeholders. Getting others onboard with your decision is a key component of executing your plan effectively, so be prepared to address any questions or concerns that may arise.
- 13. 7. Review your decision: An often-overlooked but important step in the decision making process is evaluating your decision for effectiveness. Ask yourself what you did well and what can be improved next time.
- 16. ANALYTICAL • Managers using analytic decision making style would like to have more information and consider more alternatives before coming to a conclusion. • They seek relevant information from their sources and consider factual and detailed information before taking any decision. Such managers are careful decision makers as they have the ability to adapt or cope with unique situations.
- 17. DIRECTIVE OR AUTOCRATIC • Managers who follow this style assess few alternatives and consider limited information while taking any decision. • They do not find it important to consult with others or seek information in any form and use their logic and idea while taking decisions.
- 18. BEHAVIORAL • Leaders who follow this model believe in participative management and consider the achievement of subordinates and always take suggestions from them. • They try to get inputs from subordinates through meetings and discussions. They try to avoid/resolve conflicts as acceptance by others is important to them.
- 19. CONCEPTUAL • Managers using conceptual decision making style are intuitive in their thinking and have high tolerance for ambiguity. • They look at many alternatives and focus on long run outcomes.