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    Decision Making: Presented By

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    Pramiti Vij
    The document discusses decision making, including its definition as examining possibilities, options, comparing them, and choosing a course of action. It outlines the phases of decision making as identification, development, and selection. There are two types of decisions - programmed involving routine problems and non-programmed involving non-routine problems. Programmed decisions include policies, procedures, and rules. The decision making process, conditions of decision making, styles, and characteristics of effective decision making are also described.

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    Decision Making: Presented By

    Uploaded by

    Pramiti Vij
    17 views11 pages
    The document discusses decision making, including its definition as examining possibilities, options, comparing them, and choosing a course of action. It outlines the phases of decision making as identification, development, and selection. There are two types of decisions - programmed involving routine problems and non-programmed involving non-routine problems. Programmed decisions include policies, procedures, and rules. The decision making process, conditions of decision making, styles, and characteristics of effective decision making are also described.

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    The document discusses decision making, including its definition as examining possibilities, options, comparing them, and choosing a course of action. It outlines the phases of decision making as identification, development, and selection. There are two types of decisions - programmed involving routine problems and non-programmed involving non-routine problems. Programmed decisions include policies, procedures, and rules. The decision making process, conditions of decision making, styles, and characteristics of effective decision making are also described.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    17 views11 pages

    Decision Making: Presented By

    Uploaded by

    Pramiti Vij
    The document discusses decision making, including its definition as examining possibilities, options, comparing them, and choosing a course of action. It outlines the phases of decision making as identification, development, and selection. There are two types of decisions - programmed involving routine problems and non-programmed involving non-routine problems. Programmed decisions include policies, procedures, and rules. The decision making process, conditions of decision making, styles, and characteristics of effective decision making are also described.

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    DECISION MAKING

    PRESENTED BY:-
    SWATI GAUTAM
    RANJIT S. TOMAR
    TUFAIL FEROZ
    DECISION - MAKING
     QUOTE:-
    Be sure you are right and - then go ahead.
    Davy Crocket.

     MEANING:-
    The process of examining your possibilities
    options, comparing them and choosing a
    course of action.
    PHASES OF DECISION-MAKING

    PHASE – 3
    PHASE – 1 PHASE – 2
    SELECTION
    IDENTIFICATION DEVELOPMENT
    1. Judgment
    1. Recognition 1. Search
    2. Analysis
    2. Diagnosis 2. Design
    3. Bargaining
    TYPES OF DECISION-MAKING

     PROGRAMMED DECISIONS : Involve


    routine problems that arise regularly and can
    be addressed through standard responses.

     NON PROGRAMMED DECISIONS : Involve


    non routine problems that require solutions
    specifically tailored to the situation at hand.
    TYPES OF PROGRAMMED
    DECISIONS

     POLICY : A general guideline for making a


    decision about a structured problem.

     PROCEDURE : A series of interrelated steps


    that a manager can use to respond to a
    structured problem.

     RULE : An explicit statement that limits


    what a manager or an employee can or
    cannot do.
    DECISION MAKING PROCESS

     IDENTIFYING THE PROBLEM.


     IDENTIFY THE DECISION CITERIA.
     ALLOCATING WEIGHTS TO THE CRITERIA.
     DEVELOPING ALTERNATIVES.
     ANALYZING ALTERNATIVES.
     SELECTING THE ALTERNATIVE.
     IMPLEMENTING THE ALTERNATIVE.
     EVLUATING THE DECISION’S EFFECTIVENESS.
    DECISION MAKING CONDITIONS
     CERTAINITY : A situation in which a manager can
    make an accurate decision because the outcome
    of every alternative choice is known.
     RISK : A situation in which a manager is able to
    estimate the likelihood of outcome that result
    from the choice of particular alternative.
     UNCERTAINITY : A situation in which limited
    information prevents estimation of outcome
    probabilities for alternatives associated
    with the problem and may force managers or
    rely on intuition, hunches, and “gut feelings
    DECISION MAKING STYLES

     DIRECTIVE

     ANALYTIC

     CONCEPTUAL

     BEHAVIORAL
    CHACTERISTICS OF EFFECTIVE
    DECISION MAKING
     It focuses on what is important
     It is logical and consistent.
     It acknowledges both subjective and objective
    thinking and blends analytical with intuitive
    thinking.
     It requires only as much information and analysis
    as is necessary to resolve a particular dilemma.
     It encourages and guides the gathering of
    relevant information and informed opinion.
     It is straightforward,reliable, easy to use, and
    flexible.
    ADVANTAGES /
    DISADVANTAGES
     More complete  Time consuming.
    information.  Domination by a
     Diversity of few.
    experience.  Pressure to
     Generation of more conform.
    alternatives.
     Solutions more
    likely to be
    accepted by those
    concerned.
    THANK
    YOU

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