The document outlines the steps in the decision making process as defined by Ponmuthu S. and Daniel R. The 8 step process includes: 1) defining the problem and goals, 2) identifying decision criteria, 3) allocating weights to criteria, 4) gathering alternatives, 5) evaluating alternatives, 6) selecting the best alternative, 7) implementing the alternative, and 8) evaluating the decision's effectiveness. Key aspects of each step are described, such as using decision criteria, assigning weights based on importance, evaluating alternatives based on factors like feasibility and costs, and monitoring the implemented alternative. The overall process is meant to help decision makers systematically analyze problems and select optimal solutions.

2. Decision Making Process
By
Ponmuthu S
&
Daniel R

3. What is a Decision?
Choice between two or more
alternatives
If you only have one
alternative, you do not have a
decision.

5. Decision Making
“Decision-making involves the
selection of a course of action from
among two or more possible
alternatives in order to arrive at a
solution for a given problem”.
Decision making process is a
consultative affair done by a comity of
professionals to drive better
functioning of any organization

6. Decision Making Process

7. Decision Making Process
The step by step method for taking
decisions
A decision maker should follow these
steps before taking decisions

8. Define the Problem
Gather facts and develop alternatives
Evaluate Alternatives
Select the best alternative.
Implement the chosen Alternative
Follow up and evaluate the chosen
alternative.
The Decision Making Process

9. Identify The Problem
Problem :
A discrepancy between an existing and
desired state of affairs
Characteristics :
A problem becomes a problem when a
manager becomes aware of it
there is a pressure to solve the problem
the manager must have the authority,
information, or resources needed to solve
the problem.

11. Decision criteria are factors that are
important ( relevant) to resolving the
problem.
Costs that will be incurred (investment
required).
 Risks likely to be encountered ( chance of
failure).
 Outcomes that are desired ( growth of the
firm).
Identify The Decision Criteria

12. Decision criteria are not of equal
importance:
Assigning a weight to each item.
 Places the items in the correct
priority order of their importance in
the decision making process.
Allocating Weights to the
Criteria

13. Generate Alternative Solutions
A problem can be solved by
different alternative solutions
Develop alternative solutions
Think on all the alternative possible
solutions

14. Evaluate And Choose Among
Alternative Solutions
Feasibility
Acceptability
Costs
Ethics
Quantitative or qualitative
approaches
Forecast the result

15. Choosing the best alternative
 The alternative with the highest total
weight is chosen.
The best alternative is the one that
produces the most advantages and
the fewest serious disadvantages.
Sometimes, the optimal solution is a
combination of several alternatives.
Selecting The Alternative

16. Implement And Monitor The
Chosen Solution
Reveals its effectiveness and significance
in achieving the desired goals
Depends on careful planning and
sensitivity
To ensure that the alternative put into
action is moving towards the objectives
Confirms that the organization goals
have been achieved.

17. 1 • Define the Problem,objectives & goals
2 • Identify The Decision Criteria
3 • Allocating Weights to the Criteria
4 • Gather facts and develop alternatives
5 • Evaluate Alternatives
6 • Select the best alternative
7 • Implementing the Alternative
8 • Evaluate the decision’s effectiveness

18. Decision Making Process
Always continuous & dynamics
It is not only a process and also a
practice
A good decision maker will be the good
manager
Be a best decision maker.., Be a best
manager

19. Thank You

20. ????