A presentation to cover the essence of Decision Making for young minds. Covers - What are bad decisions and what factors can assist you in Quick Decision Making?
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Effective decision making skills
2. What is Decision Making (DM)
DM is the cognitive process
leading to the selection of a
course of action among
alternatives.
It begin when we need to do
something, but do not know
what.
23. WHAT IS
AN
EFFECTIVE
DECISION
NOT NECESSARILY A PERFECT
DECISION
IT SHOULD BE THE BEST DECISION
AFTER CONSIDERING ALL
IT NEED NOT BE EFFECTIVE IN THE
SENSE OF INTENSION
IT SHOULD BE EFFECTIVE IN THE
SENSE OF OUTCOME
24. WHO IS AN EFFECTIVE
THINKER
SKILL OF ANALYSING, SYNTHESISING, VALUING
ABLE TO THINK IT THROUGH
USES DEPTH OF MIND
RECEPTIVE TO INTUITION
IMAGINATIVE
OPEN TO NEW IDEAS
ABLE TO LINK HIS MIND WITH OTHERS
25. BAD
DECISIONS
HASTY WITHOUT MUCH THOUGHT
NARROW MADE FROM LIMITED INFO
SCATTERED DISORGANISED / DISCONNECTED
FUZZY LACKING CLARITY
CRAVING FOR UNANIMOUS APPROVAL
NO BALANCE IN IMAGINATION VS SCINTIFIC
APPROACH
27. QUICK DECISION MAKING
IGNORE YOUR EMOTIONS AND USE A FORMULA INSTEAD
KNOW WHEN TO STOP RESEARCH AND COMMIT TO A DECISION
DELIGATE DECISION TO THE APPROPRIATE PARTY
USE YOUR INTUITION ONLY IF YOU ARE
YOU ARE IN PREDICTABLE ENVIRONMENT
AN EXPERT
LIKELY TO GET AN INSTANT D=FEEDBACK ON YOUR DECISION
29. 3 TRUTHS
UNAVIODABLE
ABOUT
DECISION
MAKING
EVERY DECISION IS A TRADEOFF
OPPORTUNITY COST HAVING
EVERYTHING IS IMPOSSIBLE
ONE WILL SOMETIMES BE
WRONG. PERFECTIONISM IS THE
ROOT CAUSE OF INDECISION
BAD RESULTS DO NOT
NECESSARILY DENOTE BAD
DECISIONS