Decision Making Demonstrate leadership Manage change

Achieve goals and objectives
Allocate resources
Solve problems
Make trade-offs
Manage change
Demonstrate leadership
Build trust and respect
Create a positive work environment

1. Decision Making By: Prof. Sharon Rajendra Manmothe MSc. (CS), SET, PhD Scholar ( Atmiya University Gujrat)

2. A decision is a mental or cognitive process of choosing between two or more alternative courses of action.

3. Personal Choices Financial Decisions Health and Wellness Decisions Work and Career Decisions Relationship Decisions Educational Decisions Housing Decisions Travel and Vacation Decisions Ethical and Moral Decisions Social and Networking Decisions Consumer Choices Time Management Decisions Technology Decisions

4. Importance of Decision Making Achieve goals and objectives Allocate resources Solve problems Make trade-offs Manage change Demonstrate leadership Build trust and respect Create a positive work environment

5. Techniques of Decision-Making- Programmed Linear Programming Maximize profit = 100C + 75S

6. Queuing Theory Queueing theory aids decision-making by optimizing resource allocation, improving service quality, managing congestion, and enhancing system performance in various fields.

7. Game Theory Game theory is a mathematical framework for analyzing strategic interactions and making rational decisions in situations involving multiple decision-makers.

8. D ecision tree

9. Simulation

10. Modern Techniques for Making Non-programmed decision Brainstorming Nominal Group Technique Delphi Technique Consensus Mapping Participative Techniques Heuristic Techniques

11. Types of Managerial Decisions Prgrammed and Non programmed Decision Major and Minor Decisions Routine and Strategic decisions Policy and Strategic Decisions Organizational and Personal decision Individual and Group decisions Long term and Short term decisions

12. Essential of sound Decision-making Well-defined problem Fact-based Objective-oriented Proper Timing Flexibility Communication Seek Feedback

13. Directing and Leadership Directing is the process of instructing, guiding, and motivating employees to achieve organizational goals. It is one of the four key functions of management, along with planning, organizing, and controlling.