Decision making

 Choosing from among alternatives for attaining a goal.
 The act of reaching a conclusion.

Decide what you want
(good, timely, well-
considered decisions)

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”—Brian 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

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