Group 4

Anurodh K. Sinha
PDM0307
Pawan K. Singh

The Element of Effective Decision

PDM0317
Vikram V. Rana
Making
PDM0327

Summary
Decision Making is one and only job of a manager. Its decision taking time
depends upon seriousness of problem. Nothing is right or wrong decision.
Only the effect of decision is positive on someone and negative on other.
Decision making dont finish until its implementation and effectiveness
build into it. Until its not a decision, its a good idea. Decision making has
its own process and its own element and steps. If the risk should be
minimized, then decision will have a good chance of forming out to be
success.
Taking Decision is a systematic way:

Is taking decision necessary.

Can decision be procrastinated.
Learning the context of problem, if multiple problem then prioritizes
according to importance.
Classifying the right problem where we have to put more focus.
Choosing what compromises are acceptable.
Applying the decision and testing its effectiveness and result.

At last learn the positive impact and negative impact, which will use as a
reference in further decision making.