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PRESENTED BY,
SINDHUMATHI .B
SYNOPSIS
 Introduction.
 The nature of decision making
 Six C’s of decision making.
 Decision making process.
 Types of decisions.
 Decisions making conditions.
 Words of leaders.
INTRODUCTION
 A decision is one when there are
different things we can do and we
can pick of them.
 We make lots of decisions
everyday!!
 Decisions are calculated on the basis
of which alternative has the highest
probability of working effectively.
NATURE OF DECCISION
MAKING
 Making effective decisions, as
well as recognizing when a bad
decision has been made and
quickly responding to mistakes.
 Some experts believe that
decision making is the most
basic and fundamental of all
managerial activities.
SIX C’S OF DECISION MAKING
 Construct.
 Compile.
 Collect.
 Compare.
 Consider.
 Commit.
DECISION MAKING PROCESS
Decision making process includes :
Recognizing and defining the
nature of a decision situation.
Identifying alternatives.
Choosing the “best” among the
choices.
Putting into practice.
TYPES OF DECISIONS
 Programmed decisions.
 Non-programmed decisions.
PROGRAMMED DECISIONS
 Programmed decision is one
that is fairly structured or
recurs with some frequency.
 Many decisions regarding
basic procedures and
standard organizational
transactions fall into this
category.
NON PROGRAMMED DEISIONS
 Non programmed decision is
one that is unstructured and
occurs much less often than
a programmed decisions.
 Most of the decisions of
managers and organization
design are non-programmed.
 Intuition and experience are
major factors in this
decision.
DECISION MAKING
CONDITIONS
Decision making under,
Certainty.
Risk.
Uncertainty.
UNDER CERTAINITY
 Certainty exists when a decision
maker knows, with reasonable
certainty.
 Very few organizational decisions,
however are made under these
conditions.
UNDER RISK
 Risk exists when a decision maker
makes decision under a condition in
which the availability of alternative
does not exists.
 Decisions such as these are based
on past experiences, relevant
information and the advice of
others.
UNDER UNCERTAINTY
 Uncertainty exists when a decision
maker does not know all of the
alternatives, the risk associated with
each other.
 Most of the major decision making,
today is done under these conditions.
WORDS OF LEADERS
WORDS OF LEADERS
CONCLUSION
DECISION MAKING
DECISION MAKING

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DECISION MAKING

  • 2. SYNOPSIS  Introduction.  The nature of decision making  Six C’s of decision making.  Decision making process.  Types of decisions.  Decisions making conditions.  Words of leaders.
  • 3. INTRODUCTION  A decision is one when there are different things we can do and we can pick of them.  We make lots of decisions everyday!!  Decisions are calculated on the basis of which alternative has the highest probability of working effectively.
  • 4. NATURE OF DECCISION MAKING  Making effective decisions, as well as recognizing when a bad decision has been made and quickly responding to mistakes.  Some experts believe that decision making is the most basic and fundamental of all managerial activities.
  • 5. SIX C’S OF DECISION MAKING  Construct.  Compile.  Collect.  Compare.  Consider.  Commit.
  • 6. DECISION MAKING PROCESS Decision making process includes : Recognizing and defining the nature of a decision situation. Identifying alternatives. Choosing the “best” among the choices. Putting into practice.
  • 7. TYPES OF DECISIONS  Programmed decisions.  Non-programmed decisions.
  • 8. PROGRAMMED DECISIONS  Programmed decision is one that is fairly structured or recurs with some frequency.  Many decisions regarding basic procedures and standard organizational transactions fall into this category.
  • 9. NON PROGRAMMED DEISIONS  Non programmed decision is one that is unstructured and occurs much less often than a programmed decisions.  Most of the decisions of managers and organization design are non-programmed.  Intuition and experience are major factors in this decision.
  • 10. DECISION MAKING CONDITIONS Decision making under, Certainty. Risk. Uncertainty.
  • 11. UNDER CERTAINITY  Certainty exists when a decision maker knows, with reasonable certainty.  Very few organizational decisions, however are made under these conditions.
  • 12. UNDER RISK  Risk exists when a decision maker makes decision under a condition in which the availability of alternative does not exists.  Decisions such as these are based on past experiences, relevant information and the advice of others.
  • 13. UNDER UNCERTAINTY  Uncertainty exists when a decision maker does not know all of the alternatives, the risk associated with each other.  Most of the major decision making, today is done under these conditions.