Step 1: CLARIFY what decision do you need to make. Step 2: CONSIDER the possible alternatives and the consequences of choosing each alternative; collect any additional information needed. Step 3: CHOOSE the best alternative for you and take the necessary action.

Thoughtful Decision Making: How Do You Decide That?

• Conditions. Before we get into the actual process, there are some things that need to be known or discussed.
• Identify the decision.
• Identify your options.
• Gather information.
• Make and implement the decision.
• Evaluate the outcomes.

Mental illness impacts our thoughts, feelings, and behaviors; each one of these plays a role in decision-making. To make healthy decisions, we rely on our rational, organized thought processes, balanced emotions, and actions that support our decisions.

The four different decision-making models—rational, bounded rationality, intuitive, and creative—vary in terms of how experienced or motivated a decision maker is to make a choice. Choosing the right approach will make you more effective at work and improve your ability to carry out all the P-O-L-C functions.

There are three types of decision in business:

• strategic.
• tactical.
• operational.

Strong Leaders Use the Five Levels of Decision Making

• Level One: The Leader Alone Decides.
• Level Two: The Leader Makes the Decision with Input from Key Individuals/Stakeholders.
• Level Three: The Leader Builds Consensus with Input from a Subgroup, but the Leader Has Final Say.
• Level Four: The Whole Group Votes on a Decision OR the Decision Is Delegated to Someone Else.

However what usually happens is that they don’t know what to look for in a decision process, and instead engage with the decision itself, but typically only getting into some aspects of the detail. …

Types of Decisions

• Strategic Decisions and Routine Decisions.
• Programmed Decisions and Non-Programmed Decisions.
• Policy Decisions and Operating Decisions.
• Organizational Decisions and Personal Decisions.
• Individual Decisions and Group Decisions.

Four examples of routine decisions would be: what time to go to bed at night, what to have for dinner, what to wear to school, and what temperature to set the a/c to.

There are three types of environment in which decisions are made….Decisions Making Environments: Certainty, Uncertainty and Risk

• Certainty: ADVERTISEMENTS:
• Uncertainty:
• Risk:

Decision Making Environment: Certainty, Uncertainty and Risk.

Limitations of Decision Making

• Time Consuming.
• Compromised Decisions.
• Subjective Decisions.
• Biased Decisions.
• Limited Analysis.
• i Uncontrollable Environmental Factors.
• Uncertain Future.
• Responsibility is Diluted.

Whenever the decision maker has some knowledge regarding the states of nature, he/she may be able to assign subjective probability for the occurrence of each state of nature. By doing so, the problem is then classified as decision making under risk.