Chapter 8 - Learning, Decision-Making and Creativity
Chapter 8 - Learning, Decision-Making and Creativity
1. Decision matrix
2. T-chart
3. Decision tree
4. Multivoting
5. Pareto analysis
6. Cost-benefit
7. Conjoint Analysis
1. Decision matrix is used to evaluate all the
options decision.
T-Chart is used when weighing the plusses and
minuses of the options. It ensured that all the
positives and negatives are taken into
consideration when making a decision.
Decision tree – This is a graph or model that
involves contemplating each option and the
outcomes of each. Statistical analysis is also
conducted with this technique.
Multivoting is used when multiple people are
involved in making a decision. It helps shape
down a large list options to a smaller one to the
eventual final decision.
Pareto analysis – this is a technique used
when a large number of decisions need to
be made.
Cost-benefit is used when weighing the
financial consequences of each possible
alternative.
Conjoint Analysis is used by business
leaders to determine consumer
preferences when making decisions.
What is an Individual Decision-making?
1. Group polarization
2. Group think
3. Group problem solving
a. brainstorming
b. nominal group technique
c. Delphi technique
Creativity in the Workplace
Creativity is the act of turning new and
imaginative ideas into reality. It is characterized
by the ability to perceive the world new ways, to
find hidden patterns, to make connections
between seemingly unrelated phenomena, and
to generate solutions.
Characteristics of Creative People
1. Creative people see the world differently
than most.
2. They’re often introverted and tend to be
loners.
3. They don’t judge their abilities the way
others do.
4. They’re more emotional.
5. They’re dreamers.
Unleashing Creativity in the Workplace
1. Reward Creativity
2. Anonymity and Confidentiality
3. Innovation teams
4. Support Creativity
5. Diversity among employees
6. Positive Working Environment