making decisions by ruth lepago

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Page 1: 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

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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.

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d) Examples are: Shopping, deciding what to eat, what to wear, when to sleep, etc.

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II. Barriers to Decision Making A) Hasty – Making decisions without making much thought

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B) Narrow- Decision making is based on very limited information

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C) Scattered – Our thoughts in making decisions are disconnected or disorganized

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D) Fuzzy – Sometimes the lack of clarity on important aspects of a decision causes us to overlook certain important considerations

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Decision Making ProcessA) Define the Problem

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B) Consider Your Value:

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C) List Your Options

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D) Weigh the Consequences:

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E) Decide and Act

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SWOT Analysis is a great technique for identifying your strengths and weaknesses and study any opportunities and threats you face

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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

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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

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