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Training
On
Decision MakingPresented By : Jyoti
Savaliya(137380592048)
Guided By : Prof.Harsh Modha
Objective of The Training
To develop decision making skill
To take quick and better decision
To understand a general rational model of decision
making
Introduction
Decision-making is the study of identifying and choosing
alternatives based on the values and preferences of the
decision maker.
Decision-making is one of the central activities of
management and is a huge part of any process of
implementation
Continue
Every organization needs to make decisions at one pointor other as part of managerial process. Decisions aremade in the best interest of the organization.
Decisions are taken to support organizational growth.
The whole fabric of management, i.e. its day to dayoperation is rightly built on managerial decisions.
Decision Making
A decision making is one when there are different things
you can do and you pick one of them.
You make lots of decision everyday!
Lesson plan
About decision making
Why is this training important for an organization?
Advantage of this skill
A general rational model of decision making
Tips to develop this skill for employees
About Decision Making
Why do we need to make Decisions?
To achieve your goals
To avoid mistakes
“No one makes the right decision every time. But by
developing your decision-making skills, you can
increase your success rate!“
What Is Decision Making??
Decision making is the cognitive process leading to the
selection of a course of action among alternatives.
Every decision making process produce a final choice.
Examples:
Shopping
Deciding what to eat
What to wear
Definition
Decision Making is the act of choosing between two or
more courses of action'.
Types of Decisions
Programmed decisions
Involve routine problems that arise regularly and can be
addressed through standard responses
Nonprogrammer decisions
involve non routine problems that require solutions
specifically tailored to the situation at hand.
The Decision Making Process
Define the problem
Clarify your objectives
Identify alternatives
Analyze the consequences
Make a choice
Factors Effecting Decision Making
Perception
Priority
Acceptability
Demands
Style
Resources
Judgment
Why is This Training Important For an
Organization?
It is basis of business policies
It facilitates efficient performance of managerial function
It helps in maintaining cordial industrial relations
Advantage Of This Skill
Existence of large alternatives
More information can be processed
Coordination is easier
communication is easier
A General Rational Model Of Decision
Making
Identify the problem
Establish decision criteria
Weigh decision criteria
Generate alternatives
Evaluate the alternatives
Choose the best alternative
Implement the decision
Evaluate the decision
Tips To Develop This Skill For
Employees
Information availability
Aligning Motivations and Incentives
Coaching
Removing Fear of Failure
Focus on the process, not the outcome.
Conclusion
Decision making is the act of choosing between a
number of alternatives.
In the wider process of problem solving, decision
making involves choosing between possible solutions to
a problem
Continue
Decision-making is a key skill in the workplace, and is
particularly important if you want to be an effective
leader.
So, decision making is a major and important task for
managers as the quality of managers decision is the
yardstick of the effectiveness and value to the
organisation