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Decision making

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cleo barawid
cleo barawid

This document discusses various approaches to decision making including intuitive, analytical, and coin toss methods. It outlines the OAR (Objectives, Alternatives, Risks) framework for analytical decision making and provides steps for making decisions including defining the problem, gathering data, evaluating options, and acting on the decision. Key factors that influence decision making are identified such as goals, priorities, risk tolerance. Guidelines are given such as avoiding snap decisions, writing down pros and cons, and being responsible for the consequences of decisions.

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By Cleo Umali-Barawid
? Choosing from among alternatives for attaining a goal. ? The act of reaching a conclusion.
Decision making
Decision making
Decision making
Decision making
?Decide what you want ?(good, timely, well- considered decisions)
Coin toss decision making
Intuitive Decision Making
Analytical Decision Making
?O- Objectives to attain ?A- Alternatives available ?R- Risks possible
? Construct- Identify problem/opportunity ? Collect- gather data ? Compile- organize data ? Compare- evaluate options ? Commit- select preferred option ? Consolidate- act on the decision
? What precisely is the problem? ? Why should it be solved? ? For what purpose is the decision?
?What factors are involved? ?Ask questions ?Brainstorm ?Gather data
I keep six honest serving men They taught me all I knew Their names are What and Why and When And How and Where and Who. -Rudyard Kipling
?Organize the data ?List all possible choices ?List requirements to be met ?Fix criteria to judge alternatives.
Consider from different perspective. Determine pros and cons of each. Evaluate each choice. Consider what might go wrong.
Determine the best decision Transform that decision to action Execute your decision and make it work.
Check if your decision is working Modify, if necessary. Strengthen your efforts. Figure out lessons for reuse.
¡°Sir, what is the secret of your success?¡± ¡°Good decisions.¡± ¡°And how do you make good decisions?¡± ¡°Experience.¡± ¡°And how do you gain experience?¡± ¡°Bad decisions.¡±
? Goals ? Priorities ? Attitude ? Perception ? Style ? Demands ? Risks ? Resources ? Judgment ? Values
?Avoid snap decisions. ?Write down the pros and cons. ?Move fast on the reversible ones. ?Move slowly on the irreversible. .
? You are your top priority. ? How will it affect you? ? Will you be a better person? ? Can you be yourself and live your own life? ? ¡°Mine own applause is the only applause that matters.¡±--Cicero
Be responsible for your decisions. Be prepared for the consequences. Don¡¯t be a victim of other¡¯s decisions.
Changing decisions can change your life. Revise at the right time. Successful people: quick, correct, and slow changes. Others: slow, wrong decisions, and frequent changes.
¡°Decisiveness is a characteristic of high performing men and women. Almost any decision is better than no decision at all¡±¡ªBrian Tracy
? Don¡¯t be excessively cautious. ? Don¡¯t wait for the ¡°best¡±. ? Don¡¯t try to be 100% safe. ? Failure is possible. ? Too much thought and little action is bad.
Do not overestimate your decision making skills. Do not be overconfident in your ability to predict. Do not be blind to other possibilities.
Decision making
Decision making
Decision making

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Decision making

  • 2. ? Choosing from among alternatives for attaining a goal. ? The act of reaching a conclusion.
  • 7. ?Decide what you want ?(good, timely, well- considered decisions)
  • 11. ?O- Objectives to attain ?A- Alternatives available ?R- Risks possible
  • 12. ? Construct- Identify problem/opportunity ? Collect- gather data ? Compile- organize data ? Compare- evaluate options ? Commit- select preferred option ? Consolidate- act on the decision
  • 13. ? What precisely is the problem? ? Why should it be solved? ? For what purpose is the decision?
  • 14. ?What factors are involved? ?Ask questions ?Brainstorm ?Gather data
  • 15. I keep six honest serving men They taught me all I knew Their names are What and Why and When And How and Where and Who. -Rudyard Kipling
  • 16. ?Organize the data ?List all possible choices ?List requirements to be met ?Fix criteria to judge alternatives.
  • 17. Consider from different perspective. Determine pros and cons of each. Evaluate each choice. Consider what might go wrong.
  • 18. Determine the best decision Transform that decision to action Execute your decision and make it work.
  • 19. Check if your decision is working Modify, if necessary. Strengthen your efforts. Figure out lessons for reuse.
  • 20. ¡°Sir, what is the secret of your success?¡± ¡°Good decisions.¡± ¡°And how do you make good decisions?¡± ¡°Experience.¡± ¡°And how do you gain experience?¡± ¡°Bad decisions.¡±
  • 21. ? Goals ? Priorities ? Attitude ? Perception ? Style ? Demands ? Risks ? Resources ? Judgment ? Values
  • 22. ?Avoid snap decisions. ?Write down the pros and cons. ?Move fast on the reversible ones. ?Move slowly on the irreversible. .
  • 23. ? You are your top priority. ? How will it affect you? ? Will you be a better person? ? Can you be yourself and live your own life? ? ¡°Mine own applause is the only applause that matters.¡±--Cicero
  • 24. Be responsible for your decisions. Be prepared for the consequences. Don¡¯t be a victim of other¡¯s decisions.
  • 25. Changing decisions can change your life. Revise at the right time. Successful people: quick, correct, and slow changes. Others: slow, wrong decisions, and frequent changes.
  • 26. ¡°Decisiveness is a characteristic of high performing men and women. Almost any decision is better than no decision at all¡±¡ªBrian Tracy
  • 27. ? Don¡¯t be excessively cautious. ? Don¡¯t wait for the ¡°best¡±. ? Don¡¯t try to be 100% safe. ? Failure is possible. ? Too much thought and little action is bad.
  • 28. Do not overestimate your decision making skills. Do not be overconfident in your ability to predict. Do not be blind to other possibilities.