Presentation on decision making

in this presentation details about how to give training on develop decision making skill

1. Training On Decision Making Presented By : Jyoti Savaliya (137380592048) Guided By : Prof.Harsh Modha

2. Objective of The Training To develop decision making skill To take quick and better decision To understand a general rational model of decision making

3. Introduction Decision-making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. Decision-making is one of the central activities of management and is a huge part of any process of implementation

4. Continue Every organization needs to make decisions at one point or other as part of managerial process. Decisions are made in the best interest of the organization . Decisions are taken to support organizational growth. The whole fabric of management, i.e. its day to day operation is rightly built on managerial decisions.

5. Decision Making A decision making is one when there are different things you can do and you pick one of them. You make lots of decision everyday!

6. Lesson plan About decision making Why is this training important for an organization? Advantage of this skill A general rational model of decision making Tips to develop this skill for employees

7. About Decision Making Why do we need to make Decisions? To achieve your goals To avoid mistakes “No one makes the right decision every time. But by developing your decision-making skills, you can increase your success rate!“

8. What Is Decision Making?? Decision making is the cognitive process leading to the selection of a course of action among alternatives. Every decision making process produce a final choice. Examples: Shopping Deciding what to eat What to wear

9. Definition Decision Making is the act of choosing between two or more courses of action'.

10. Types of Decisions Programmed decisions Involve routine problems that arise regularly and can be addressed through standard responses Nonprogrammer decisions involve non routine problems that require solutions specifically tailored to the situation at hand.

11. The Decision Making Process

12. Factors Effecting Decision Making Perception Priority Acceptability Demands Style Resources Judgment

13. Why is This Training Important For an Organization? It is basis of business policies It facilitates efficient performance of managerial function It helps in maintaining cordial industrial relations

14. Advantage Of This Skill Existence of large alternatives More information can be processed Coordination is easier communication is easier

15. A General Rational Model Of Decision Making

16. Tips To Develop This Skill For Employees Information availability Aligning Motivations and Incentives Coaching Removing Fear of Failure Focus on the process, not the outcome.

17. Conclusion Decision making is the act of choosing between a number of alternatives. In the wider process of problem solving, decision making involves choosing between possible solutions to a problem

18. Continue Decision-making is a key skill in the workplace, and is particularly important if you want to be an effective leader. So, decision making is a major and important task for managers as the quality of managers decision is the yardstick of the effectiveness and value to the organisation