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Effective decision making skills
Decision making (DM) is the cognitive process of selecting a course of action from alternatives, involving steps like construction, collection, comparison, and commitment. Effective decisions are not perfect but should yield the best outcomes, whereas bad decisions stem from haste, limited information, or lack of clarity. Improving decision making involves enhancing perception, developing intuition, and understanding that every decision involves trade-offs and may lead to mistakes.
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Effective decision making skills
- 2. What is DecisionMaking (DM) •DM is the cognitive process leading to the selection of a course of action among alternatives. •It begin when we need to do something, but do not know what.
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- 4. 6 Cs ofDECISION MAKING • CONSTRUCT • COLLECT • COMPILE • COMPARE • CONSIDER • COMMIT
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- 11. HOW TO IMPROVEDECISION MAKING
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- 15. IMPROVE PERCEPTION OF OBJECT (FIGURE) &SURFACE (BACKGROUND)
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- 17. IMPROVE PERCEPTION OF OBJECT (FIGURE) &SURFACE (BACKGROUND)
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- 21. DREAMS NOT WHICH COMETO YOU WHEN YOU SLEEP THINGS THAT DOES NOT LET YOU SLEEP
- 22. EFFECTIVE & BADDECISIONS
- 23. WHAT IS AN EFFECTIVE DECISION NOT NECESSARILYA PERFECT DECISION IT SHOULD BE THE BEST DECISION AFTER CONSIDERING ALL IT NEED NOT BE EFFECTIVE IN THE SENSE OF INTENSION IT SHOULD BE EFFECTIVE IN THE SENSE OF OUTCOME
- 24. WHO IS ANEFFECTIVE THINKER • SKILL OF ANALYSING, SYNTHESISING, VALUING • ABLE TO THINK IT THROUGH • USES DEPTH OF MIND • RECEPTIVE TO INTUITION • IMAGINATIVE • OPEN TO NEW IDEAS • ABLE TO LINK HIS MIND WITH OTHERS
- 25. BAD DECISIONS HASTY – WITHOUTMUCH THOUGHT NARROW – MADE FROM LIMITED INFO SCATTERED – DISORGANISED / DISCONNECTED FUZZY – LACKING CLARITY CRAVING FOR UNANIMOUS APPROVAL NO BALANCE IN IMAGINATION VS SCINTIFIC APPROACH
- 26. AIDS TO QUICKDECISION MAKING
- 27. QUICK DECISION MAKING •IGNORE YOUR EMOTIONS AND USE A FORMULA INSTEAD • KNOW WHEN TO STOP RESEARCH AND COMMIT TO A DECISION • DELIGATE DECISION TO THE APPROPRIATE PARTY • USE YOUR INTUITION ONLY IF YOU ARE • YOU ARE IN PREDICTABLE ENVIRONMENT • AN EXPERT • LIKELY TO GET AN INSTANT D=FEEDBACK ON YOUR DECISION
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- 29. 3 TRUTHS UNAVIODABLE ABOUT DECISION MAKING EVERY DECISIONIS A TRADEOFF – OPPORTUNITY COST – HAVING EVERYTHING IS IMPOSSIBLE ONE WILL SOMETIMES BE WRONG. PERFECTIONISM IS THE ROOT CAUSE OF INDECISION BAD RESULTS DO NOT NECESSARILY DENOTE BAD DECISIONS
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