PROBLEM SOLVING DECISION MAKING

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PROBLEM SOLVING / DECISION MAKING THE PROBLEM / DECISION ANALYSIS PROCESS Accomplished decision makers carry through their ACTION PLANS and decisions by developing IMPLEMENTING their plans considering timing, support, corporate cultures and values. They also EVALUATE their decisions, and learn from their mistakes. PROBLEM SOLVING / DECISION MAKING THE PROBLEM / DECISION ANALYSIS PROCESS Accomplished decision makers know how to IDENTIFY ALTERNATIVES and GATHER INFORMATION pertinent to them and the decision. PROBLEM SOLVING / DECISION MAKING DECISION ANALYSIS: The systematic process of choosing the action that will create desired effects. Identify effects or results that are desired. DECISION ANALYSIS STEPS: 1. Determine Associated Values. 2. Determine Associated Goals. 3. Consider Alternatives 4. Predict Outcomes 5. Select Alternative. 6. Take Action. 7. Evaluate Decision. PROBLEM SOLVING / DECISION MAKING PROBLEM: An intricate unsettled question: a source of perplexity, distress, or vexation. The existence of a gap between where a person is and where a person would like to be. DECISION: A determination arrived at after consideration; a conclusion. The strategic implementation of a resolution to a problem. PROBLEM SOLVING / DECISION MAKING FREQUENT ERRORS MADE IN DECISION MAKING Incomplete Awareness of Alternatives. Failure to Consider Consequences. Misjudging Information Importance. Wasting Time With Useless Data. PROBLEM SOLVING / DECISION MAKING THE PROBLEM / DECISION ANALYSIS PROCESS Accomplished decision makers are in tune with the GOALS to be met and the environment in which they are to be achieved. PROBLEM SOLVING / DECISION MAKING PROBLEM ANALYSIS: The thinking process involved with explaining why a deviation exists between the expected and what actually occurs. The disciplined search for the precise change that produced the deviation. STEPS IN PROBLEM ANALYSIS: 1. Define the Standard. 2. Define the Deviation. 3. Explore the Resulting Gap. PROBLEM SOLVING / DECISION MAKING THE PROBLEM / DECISION ANALYSIS PROCESS 1. Values. 2. Goals. 3. Alternatives (Prioritized) 4. Gather Information. 5. Predict Outcomes. 6. Select Alternatives. 7. Take Action. 8. Evaluate Decision. PROBLEM SOLVING / DECISION MAKING THE PROBLEM / DECISION ANALYSIS PROCESS Accomplished decision makers OUTCOMES PREDICT POSSIBLE of all alternative solutions and SELECT THE OUTCOMES that are most likely to satisfy their goals and values. PROBLEM SOLVING / DECISION MAKING THE PROBLEM / DECISION ANALYSIS PROCESS Accomplished decision makers know something about their VALUES , capabilities, and current level of satisfaction of these factors.

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