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Decision Making 22

This document outlines the decision-making and implementation process. It describes decision-making as identifying a decision, gathering information, and assessing alternatives. A 7-step process is provided: 1) identify the decision, 2) gather relevant information, 3) identify alternatives, 4) weigh the evidence, 5) choose an alternative, 6) take action, and 7) review the decision and consequences. Implementation is turning strategies into actions to achieve goals. Advantages of group decision-making include more information and diversity of views, while disadvantages include taking more time and potential domination by individuals.

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Abu macali Ismail
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92 views19 pages

Decision Making 22

This document outlines the decision-making and implementation process. It describes decision-making as identifying a decision, gathering information, and assessing alternatives. A 7-step process is provided: 1) identify the decision, 2) gather relevant information, 3) identify alternatives, 4) weigh the evidence, 5) choose an alternative, 6) take action, and 7) review the decision and consequences. Implementation is turning strategies into actions to achieve goals. Advantages of group decision-making include more information and diversity of views, while disadvantages include taking more time and potential domination by individuals.

Uploaded by

Abu macali Ismail
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 19

DECISION MAKING AND

IMPLEMENTATION
INTRODUCTION

Decision making is the process of making


choices by identifying a decision, gathering
information and assessing alternative
resolutions.

Using a step-by-step decision-making process


can help you make more deliberate, thoughtful
Decision by organizing relevant information
and defining alternatives.
CONT…

 Implementation is the process that turns


strategies and plans into actions in order to
accomplish strategic objectives and goals.
Implementing your strategic plan is as
important, or even more important, than your
strategy.

 : an act or instance of implementing something :


the process of making something active or
effective.
Step1: Identify the decision

You realize that you need to make a decision.


Try to clearly define the nature of the decision
you must make. This first step is very important.
Step 2: Gather relevant
information
 Collect some pertinent information before you
make your decision: what information is
needed, the best sources of information, and
how to get it. This step involves both internal
and external “work.” Some information is
internal: you’ll seek it through a process of
self-assessment. Other information is external:
you’ll find it online, in books, from other
people, and from other sources.
Step 3: Identify the
alternatives
 As you collect information, you will probably
identify several possible paths of action, or
alternatives. You can also use your
imagination and additional information to
construct new alternatives. In this step, you
will list all possible and desirable alternatives.
Step 4: Weigh the evidence

 Draw on your information and emotions to


imagine what it would be like if you carried out
each of the alternatives to the end. Evaluate
whether the need identified in Step 1 would be met
or resolved through the use of each alternative. As
you go through this difficult internal process, you’ll
begin to favor certain alternatives: those that seem
to have a higher potential for reaching your goal.
Finally, place the alternatives in a priority order,
based upon your own value system.
Step 5: Choose among
alternatives
 Once you have weighed all the evidence, you
are ready to select the alternative that seems
to be best one for you. You may even choose
a combination of alternatives. Your choice in
Step 5 may very likely be the same or similar
to the alternative you placed at the top of
your list at the end of Step 4.
Step 6: Take action

 You’re now ready to take some positive


action by beginning to implement the
alternative you chose in Step 5.
Step 7: Review your decision
& its consequences
 In this final step, consider the results of your
decision and evaluate whether or not it has
resolved the need you identified in Step 1. If
the decision has not met the identified need,
you may want to repeat certain steps of the
process to make a new decision. For example,
you might want to gather more detailed or
somewhat different information or explore
additional alternatives.
ADVANTAGE OF DECISION MAKING

 MORE INFORMATION : A group is better


equipped as far as information is concerned.

 DIVERSITY OF VIEWS : A group always has


the advantage of varied views.

 EXERT OPINIONS: There may be some group


decision that require expert opinion.
DIS-ADVANTAGE OF DECISION
MAKING
 TIME-CONSUMING: A group involves several
individuals.

 LACK OF ONUS: It is difficult to fix


responsibility in a group.

 INDIVIDUAL DOMINATION: Quite often,


discussions in agroup are dominated by a few
members.
IMPLEMENTATION

 Implementation is the process that turns


strategies and plans into actions in order to
accomplish strategic objectives and goals.
Implementing your strategic plan is as
important, or even more important, than
your strategy.
Conclusion

 There are several models of decision-making


that are vital to the understanding of
managers.
 The decision-making process needs to be
improved at all times; thus, several tools and
techniques are available managers.
 There are several biases and errors that
inhabit the decision-making process, of which
managers should be cognizant.
THE END

THANKS FOR WATCHING


AND LISTENING.

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