Making decisions

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

Six Thinking Hats

The White Hat: ObjectiveWhat is the current information on the issue or the problem?

The Yellow Hat: PositiveWhat are the positive aspects of the current situation, issue or problem?

Black Hat : NegativeWhat are the negative aspects of the current situation, issue or problem?

Green HatWhat are the creative ideas or alternatives in solving the issue or t problem

The Red Hat: IntuitiveHow does everyone feel now that we have worked on the issue or the problem?

ProcessWhat conclusions or summaries can we make in moving forward on the issue or the problem?