Slide 1: PRSENTED BY:
PRIYANKA GOEL DECISION MAKING PROCESS PRIYANKA GOEL CONTENT: : CONTENT: -What is decision
-Decision making process PRIYANKA GOEL DECISION : DECISION Choices among two or more alternatives PRIYANKA GOEL -in an organization all members together take decision. : -in an organization all members together take decision. PRIYANKA GOEL “Decision making” : “Decision making” Definition:
The process of examining your possibilities options, comparing them, and choosing a course of action. PRIYANKA GOEL Six C of Decision Making : Six C of Decision Making 1. Construct.
6. Commit. PRIYANKA GOEL Slide 7: Decision making is a key role for any manager or leader.
Surprisingly many people struggle when it comes to taking decisions.
This might be due to:
• Fear of failure
• Lack of a structured approach
• Lack of clarity PRIYANKA GOEL EIGHT STEPS DECISION MAKING PROCESS : EIGHT STEPS DECISION MAKING PROCESS PRIYANKA GOEL Slide 9: Identification of a problem Identification of decision criteria Allocation of Weights to criteria Development of alternatives Selection of alternatives Implementation of the alternative Evaluation of decision effectiveness Analysis of alternatives PRIYANKA GOEL . : . Eight-step process
Step 1 - Identifying a Problem:
what the problem is that you need to take a decision on.
Step 2 - Identifying Decision
what is required in making a
decision DECISION MAKING PROCESS PRIYANKA GOEL Slide 11: Step 3 - Allocating Weights
to the criteria
weight the criteria to give them
appropriate priority in the
decision DECISION MAKING PROCESS PRIYANKA GOEL DECISION MAKING PROCESS : DECISION MAKING PROCESS Step 4 – Developing
the improve alternatives that could resolve the problem. PRIYANKA GOEL Slide 13: Step 5 – Analyzing alternatives
-each alternative is evaluated
against the criteria
Step 6 -Selecting an alternative
-choosing the best alternative from among those select DECISION MAKING PROCESS PRIYANKA GOEL Slide 14: DECISION MAKING PROCESS Step 7 – Implementing the Alternative
conveying the decision to those affected by it and getting their commitment to it PRIYANKA GOEL DECISION MAKING PROCESS : DECISION MAKING PROCESS Step 8 - Evaluating Decision Effectiveness
determine whether the problem is resolved
decision may fail if it is not implemented properly PRIYANKA GOEL Thank you26.11.2009 : Thank you26.11.2009 Have a nice day. PRIYANKA GOEL