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Decision Making
By: Prof. Sharon Rajendra Manmothe
MSc. (CS), SET, PhD Scholar (Atmiya University Gujrat)
A decision is a mental or cognitive process of choosing between two or
more alternative courses of action.
? Personal Choices
? Financial Decisions
? Health and Wellness
Decisions
? Work and Career
Decisions
? Relationship Decisions
? Educational Decisions
? Housing Decisions
? Travel and Vacation
Decisions
? Ethical and Moral
Decisions
? Social and Networking
Decisions
? Consumer Choices
? Time Management
Decisions
? Technology Decisions
Importance of Decision Making
? Achieve goals and objectives
? Allocate resources
? Solve problems
? Make trade-offs
? Manage change
? Demonstrate leadership
? Build trust and respect
? Create a positive work environment
Decision Making Demonstrate leadership Manage change
Techniques of Decision-Making- Programmed
? Linear Programming
Maximize profit = 100C + 75S
Queuing Theory
Queueing theory aids decision-making by optimizing
resource allocation,
improving service quality,
managing congestion,
and enhancing system performance in various fields.
Game Theory
? Game theory is a mathematical
framework for analyzing strategic
interactions and making rational
decisions in situations involving
multiple decision-makers.
Decision tree
Simulation
Modern Techniques for Making Non-
programmed decision
? Brainstorming
? Nominal Group Technique
? Delphi Technique
? Consensus Mapping
? Participative Techniques
? Heuristic Techniques
Types of Managerial Decisions
? Prgrammed and Non programmed Decision
? Major and Minor Decisions
? Routine and Strategic decisions
? Policy and Strategic Decisions
? Organizational and Personal decision
? Individual and Group decisions
? Long term and Short term decisions
Essential of sound Decision-making
? Well-defined problem
? Fact-based
? Objective-oriented
? Proper Timing
? Flexibility
? Communication
? Seek Feedback
Directing and Leadership
? Directing is the process of instructing, guiding, and motivating
employees to achieve organizational goals. It is one of the four key
functions of management, along with planning, organizing, and
controlling.

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Decision Making Demonstrate leadership Manage change

  • 1. Decision Making By: Prof. Sharon Rajendra Manmothe MSc. (CS), SET, PhD Scholar (Atmiya University Gujrat)
  • 2. A decision is a mental or cognitive process of choosing between two or more alternative courses of action.
  • 3. ? Personal Choices ? Financial Decisions ? Health and Wellness Decisions ? Work and Career Decisions ? Relationship Decisions ? Educational Decisions ? Housing Decisions ? Travel and Vacation Decisions ? Ethical and Moral Decisions ? Social and Networking Decisions ? Consumer Choices ? Time Management Decisions ? Technology Decisions
  • 4. Importance of Decision Making ? Achieve goals and objectives ? Allocate resources ? Solve problems ? Make trade-offs ? Manage change ? Demonstrate leadership ? Build trust and respect ? Create a positive work environment
  • 6. Techniques of Decision-Making- Programmed ? Linear Programming Maximize profit = 100C + 75S
  • 7. Queuing Theory Queueing theory aids decision-making by optimizing resource allocation, improving service quality, managing congestion, and enhancing system performance in various fields.
  • 8. Game Theory ? Game theory is a mathematical framework for analyzing strategic interactions and making rational decisions in situations involving multiple decision-makers.
  • 11. Modern Techniques for Making Non- programmed decision ? Brainstorming ? Nominal Group Technique ? Delphi Technique ? Consensus Mapping ? Participative Techniques ? Heuristic Techniques
  • 12. Types of Managerial Decisions ? Prgrammed and Non programmed Decision ? Major and Minor Decisions ? Routine and Strategic decisions ? Policy and Strategic Decisions ? Organizational and Personal decision ? Individual and Group decisions ? Long term and Short term decisions
  • 13. Essential of sound Decision-making ? Well-defined problem ? Fact-based ? Objective-oriented ? Proper Timing ? Flexibility ? Communication ? Seek Feedback
  • 14. Directing and Leadership ? Directing is the process of instructing, guiding, and motivating employees to achieve organizational goals. It is one of the four key functions of management, along with planning, organizing, and controlling.