3. ? PROS AND CONS
A technique allows individual
to list the advantages and
disadvantages of each
alternative.
4. ? SIMPLE
PRIORITIZATION
This is a procedure that analyses
the utility of the alternative. A
person must choose an option
based on the usefulness and value
of the choice to the person
5. ? SATISFICING
A person must wamine the
alternatives until he/she
finds it acceptable and
satisfying.
6. ? ELIMINATION
PROCESS
This is a technique
introduced by Amos
Tversky in 1972.
By comparing all available
options, the decision maker
has to eliminate alternatives
that have the less impact.
The process may be
repeated several times until
there is only one last, best
option left.
7. ? PREFERENCE LIST
Tversky and Sattach (1979)
developed the elimination
technique into preference
list.
This technique allows the
person to compare available
options and compare them
by using…….
HIERARCHICAL SYSTEM
from least to most
important result
8. ? BASED ON
AUTHORITY
The final decision that a
person will choose is based
on following orders and not
by FREEWILL.
9. ? DIVINATION
Using tarot cards, astrology,
signs and symbols in order to
arrive at a decision are
example of this technique.
Depending on this kind of
technique is not an
assurance of a right decision
10. ? PARTICIPATIVE
DECISION-MAKING
This technique allows the
decision maker to open up
his decision to a group.
The person ask for additional
inputs in order for him to
arrive at the best possible
choice.
11. DECISION
MAKING
PROCESS
?
In making decision, there are
different patterns which we
can follow. The Ethics
Research Center of Virginia,
USA has come up with a six-
step-decision making
process. This model describes
how people intuitively make
decisions and overtly makes
the steps.
12. 1
Being aware of the problem is the
fundamental step in making
decision. Without clearly
identifying the problem, there will
be no reason to act and choose
the right solution.
13. 2
List obvious and realistic
alternatives. Options may be
limited to two or three alternatives.
This can narrow down the list and
make the decision process easier
and faster
14. 3
Evaluation consists of looking at the
pros and cons of each alternative.
The decision maker should carefully
examine the effects of alternatives
and weigh prudently to arrive at the
best possible result.
15. 4
When deciding alone, the individual
must select the pros and cons of each
alternative. But when the person is
working with team, it would be best to
consult the team and check the choice
that has the clearest validation
16. 5
The former CEO of IBM, Lou Gerstner
said, “There are no more prizes for
predicting rain. There are only prizes
for building arks.” It only tells us that
a decision only counts if and when it
is implemented.
17. 6
The final step is to assess if the
decision is the choice, only then that
the decision is successful. In case the
problem is not solved, then the
decision maker can again take step 1
until the problem is solved.
18. ?
PRUDENCE is defined as a skill
and good judgment in the use of
resources. This means that a
prudent person has the ability to
govern and discipline oneself by
the use of reason. This virtue is
needed in decision making. By
using one’s logic and reason, the
decision maker can arrive at the
beast alternative.
19. Although , prudence is acquired through
time, by allowing oneself to list down
alternatives and discern the effects of
these options on self, family, and others,
the decision maker develops the capacity
to judge wisely. Thereby, the virtue of
prudence is gradually developed.