Management Consultancy

 
Decision Making Process:

Deciding is a process, not a static, one-time event. We are continuously re-evaluating in light of new information.

Decision making process involves the following crucial steps:

1. Identify the decision to be made.
When you realize that a decision must be made. Your awareness may be activated by a variety of things: the need to declare a major, pressure from friends and family to make a vocational choice, or a general sense of dissatisfaction or unease. You then go through an internal process of trying to define clearly the nature of the decision you must make.

2. Gather relevant information.
Most decisions require collecting applicable information. The real trick in this step is to know what information is needed the best sources of information available, and how to get it. Some information must be sought from within you through a process of self-analysis; other information must be sought from outside through-books, people, and other sources.

3. Identify alternatives.
Through the process of collecting information you will probably identify two or more possible paths of action. You may also use your imagination and information to construct new alternatives.

4. Weigh 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. You must evaluate whether the problem or need identified in Step 1 would be helped or solved through the use of each alternative. Eventually you are able to place the available alternatives in priority order, based upon your own value system.

5. Choose among alternatives.
Once you have weighed all the evidence, you are ready to select the alternative which seems to be best suited to you. You may even choose a combination of alternatives.

6. Take action.
You now take some positive action which begins to implement the alternative you choose in Step 5.

7. Review decision and consequences.
Here you can experience the results of your decision and evaluate whether or not it has “solved” or helped to solve the problem in Step 1. If yes, you may stay with the decision. If no, you may repeat certain steps of the process in order to make a new decision.

 

 
 
 
 


 

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