Effective decision making and its tyes

1. Effective Decision
Making

2. HUMANS ARE BORN
IRRATIONALS AND
THAT HAS MADE US
BETTER DECISION
MAKERS……!

3. What is decision making ?
• Decision making is the mental
processes resulting in the
selection of a course of action
among several alternative .
• Every decision making process
produce a final choice it can be
action or an opinion.
Examples :- shopping ,deciding
what to eat, what to wear
,where to go ? ……

4. Characteristics of decision making
•Decision making implies choice
•Continuous activity/ process
•Mental activity
•Goal oriented process
•Time –consuming activity
•Effective communication

5. When it comes to decision
making ,it’s simple truth that
no enough manager commit
a sufficient amount of time
or attention to how they
approach this crucial
process.
In effective decision making
can lead to numerous
problems and take up
valuable time and resources
to correct .

6. What is the root cause of this ?
There can be many reasons

7. Importance of decision Making
•Better utilization of resources
•Facing problems and challenges
•Business growth
•Achieving objectives
•Motivates Employs
•Increases Efficiency
•Better controlling ,Directing ,Organizing
•Solving problems
•Limited risk
•Face challenges

8. PLANNING NO planning is
impossible without
decision making .

9. ORGANISING
The function of
organizing is
based on
decision making

10. Most of the
decision are
directed towards
solving the
problems. It help
to choosing best
solution to a
problem.
SOLVING
PROBLEMS

11. LIMITED
RISK
Decision making process
help in reaching the goal
with less risk

12. FACE
CHALLENGES
Decisions are necessary to
face the challenges.
Challenges comes from
technological, competitor,
consumer.

13. UTILISATION OF
RESOURCES
Effective decision
contribute to
utilization of human
,physical, financial,
and informational
resources

14. THANK YOU