Making decisions by Ruth Lepago
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Transcript of Making decisions by Ruth Lepago
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b) Every decision making process produces a final choice. It can be an action or an opinion
c) It begins when we need to do something but do not know what. Therefore, decision making is a reasoning process which can be rational or irrational, and can be based on explicit assumptions or tacit assumptions.
d) Examples are: Shopping, deciding what to eat, what to wear, when to sleep, etc.
II. Barriers to Decision Making A) Hasty – Making decisions without making much thought
B) Narrow- Decision making is based on very limited information
C) Scattered – Our thoughts in making decisions are disconnected or disorganized
D) Fuzzy – Sometimes the lack of clarity on important aspects of a decision causes us to overlook certain important considerations
Decision Making ProcessA) Define the Problem
B) Consider Your Value:
C) List Your Options
D) Weigh the Consequences:
E) Decide and Act
SWOT Analysis is a great technique for identifying your strengths and weaknesses and study any opportunities and threats you face
It is also a powerful strategic planning tool used to evaluate a project in business venture or in an organization or individual requiring a decision in pursuit of an objective
1) White - Information: considering purely what information is available
2) Red - Intuitive or instinctive gut reactions or statements of emotional feeling
3) Black - discernment: logic applied to identifying reasons to be cautious
and conservative4) Yellow – Optimistic Response: logic applied to identifying
benefits, seeking harmony5) Green: creative: statements of provocation and investigation,
seeing where the thought goes6) Blue: meta thinking: the thinking process