The presentation is about decision making process, its a management subject, and after reading this the person will be able make better decision during daily life and or in office,
all factors of decision making is available in this presentation such as definition, advantages, disadvantages, WH questions, 6 c's and etc
2. Objectives
Define Decision Making
Traps in Decision Making
Factors for Effective Decision
How to Make Better Decision
6 C’s of Decision Making
Creativity & Decision Making
Conclusion
3. Definition
A decision is a choice made between two or more available
alternatives.
Decision making is the process of choosing the best alternative for
reaching objectives
Or
The process of examining certain possibilities options, comparing
them and choosing the actual action is called decision making
process
4. Definition cont.
Human brain makes about 35,000
decision each day and most of them are
done in light speed
Research at Cornell University of New York
In general some decision are very easy
such as what to eat,? what to wear?
But some decisions are not very easy
such as selecting career in life, changing
job or choosing life partner
5. 5W, 1H Factors
These are the factors which a
person should ask him/her self
to analyze all the possibilities
The decision-making process
become simplified
6. Traps in Decision Making
Do not take risk and try hard to
play safe
Do not let fears to tilt your
thinking
Do not get lost in small
Mathers
Don’t try to get everyone
happy regarding your
decisions
Do not make decision which
are outside of your authority
7. Effective Decision Factors
Considering the following things will help to make good decisions
Priority - Low, Medium or High
Acceptability - Accept the result of decision, no choice
Risk and Resources
Goals and Values - Keep in mind the goals honesty and integrity
Demands
Perceptions
8. How to Make Better Decision?
Increase Knowledge
Use Intuition
Trying to know Advantage and Disadvantage of that decision
Stick to your decision
Make sure the Timing is right
9. Be careful of Common Mistakes
Not Taking Enough Time is a
mistake
Lacking of peace – be relax
Not Considering a priority
Forgetting how to say no
Procrastinating – leaving it for
other time is also a mistake
10. 6 C’s of Decision Making
CompileConstruct
Collect Compare
CommitConsider
11. 6 C’s of Decision-Making Cont.
• Get all possible information regarding decisionConstruct
• All data in logical SequenceCompile
• Relevant resourcesCollect
• Difference decisions such as advantage - disadvantageCompare
• Taking advice of fellow membersConsider
• Don’t go back when you committed a decisionCommit
13. Creativity in Decision Making
Creating culture of creativity
Encourage
Suspend judgment
Provide physical support for creativity
Encourage anonymous Input