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DECISION MAKING
PRESENTED BY-Ajay Gupta Pavan Varma Angad Singh
Decision making?
It the process of examining your possibilities, options, comparing them and choosing a course of action.
Decision can be either programmed or non programmed.
• Programmed : decisions that are simple and routine and have a pre established decision making plan.
• Non programmed : decisions that are new and complicated and require thought and creativity.
Group decision making
Decision making process
Factors effecting decision making
• Perception• Priority• Acceptability• Demands• Style• Resources• judgment
• Perception – “know before you make.”• Priority – without knowing what you
want there cant be any decision made about.
• Acceptability – accept whether its hard or easy if you think your decision is correct.
• Demands – make sure that no one gets hurt by your decision.
• Style – don’t be outdated.• Resources – make your way with what
is available. don’t ask for more in the region of scarcity.
• Judgment – go on with the correct decision.
4 H Model
Construct Compile Collect Compare Consider Commit
6 C’s of decision making
• Construct a clear picture of precisely what must be decided.
• Compile a list of requirements that must be met.
• Collect information on alternatives that meet the requirements
• Compare alternatives that meet your requirements.
• Consider the WHAT MIGHT GO WRONG factor with each alternative.
• Commit to a decision and follow through with it.
Don'ts
• Don’t fear to express your decision.
• Don’t let your ego change your decision. Remember you shouldn’t hurt others.
• Don’t mke decisions which are outside your realm of authority.
• Don’t crave for unanimous approval. You may not be correct always.
• Don’t get a conclusion without having an over look.
• Don’t make a decision without following the C’s in decision making.