Decision Making PowerPoint PPT Content Modern Sample

Decision Trees (7 of 7)

Key
Decision Outcome

Uncertain Possible
Outcome Solution

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Program Objectives (1 of 2)

 To examine different decision
making models.
 To maximize creativity and logic
in decision making.
 To acquire decision making tips
and techniques that accelerate
and improve results.


Program Objectives (2 of 2)

 To become aware of common
decision making traps and how
to handle them.
 To ready yourself for any bumps
in the road and have solutions in
hand.
 To provide a variety of
perspectives for the decision
making process.


Definition
Decision Making:
 The process of examining your
possibilities and options,
comparing them, and choosing a
course of action.


Two Types of Decisions
 Programmed: decisions that are
simple and routine and have a
pre-established decision-making
plan

 Nonprogrammed: decisions that
are new and complicated and
require thought and creativity


Risk Aversion
 Risk aversion occurs when
people take fewer risks because
they d not like the possibility of
failure.
 Risk-taking can be very
important because it can often
cause a creative and innovative
solution.
 Some situations are riskier than
others, so one must evaluate
whether or not it is appropriate
to take risks.

Inherent Personal Traps


Common Pitfalls


Status Quo (1 of 4)

 Humans often have an irrational
preference for familiar options
and an aversion to radical
alternatives.
 While the familiar course of
action is sometimes the right
one, this must be determined by
a rational analysis rather than a
fear that is wired into us.


Narrowly Framing


Dramatic
Events


Cost/Benefit Analysis (2 of 5)

 A basic cost/benefit analysis is
strictly fiscal in nature and does
not include other effects of the
proposed option (e.g. emotional
response by co-workers,
environmental impact, etc).


4 Modes of Decision Making (5 of 7)

3. Group
 Seek out the information and
insights of select peers, AND
make the decision with them.
 This means that each of these
specific peers has a vote in the
eventual outcome and that each
voice is as important as yours in
that decision.


6 Decision Making Factors (3 of 8)

2. Complexity
 The more intricate each
alternative is and the more
alternatives that are on the table,
the more time and involvement a
decision may require.
 Although, the simplest decisions
can often be made independently
or through delegation, decisions
that can cause headaches
probably need to be a team effort.


What is
your next
step?


Download “Decision Making”
PowerPoint presentation
at ReadySetPresent.com
172 slides include: an overview of Decision Making, four famous decision
making quotations, 10 factors for making effective decisions, 2 major types
of decisions, 7 points on good decisions, the bounded rationality theory, 3
points on risk aversion, 6 C’s of decision making, 10 inherent personal traps,
3 decision making methods, 7 slides on decision trees, 18 basic decision
making tips, 4 slides on the G.O.R. Approach, 16 points on common pitfalls,
2 slides on broader implications, 9 points on effective strategies, 8 major
traps, 9 points on anchoring, 8 points on minimizing anchoring, 9 points on
the status quo of decision making, 5 points on combating the status quo, 5
points on the fear of failure, 9 points on searching for support, 6 points on
narrowly framing, 5 slides on underestimating, 3 slides on overestimating, 3
slides on dramatic events, 7 slides on the 6 different perspectives of decision
making, 11 points of grid analyses, 9 points on paired comparison analysis, 9
points on cost/benefit analysis, 12 points on planning, 4 slides on the 3
overarching questions of decision making, 20 points on the 4 modes of
decision making, 28 points on the 6 decision making factors, 16 Actions
steps, how to’s and more.

Royalty Free - Use Them Over and Over Again.
Updated & Expanded 2013
Now: more content, graphics, and diagrams


Decision Making PowerPoint PPT Content Modern Sample

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