Working & Learning With Others: Decision Making

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WORKING & LEARNING WITH

OTHERS

Decision Making

By :- Hareesh Gopal
PGDBA
UKCBC
Assess decision Making
at an individual level
and within a group.
Allocation of contents
Introduction
Definition
Steps of decision making
Decision making at an individual level
Implement the theory on me...
Effect of implementation on me
Decision making within a group
Conclusion
Introduction:
In general decision making is nothing but it can be regarded as an
outcome of mental processes leading to the selection of a course of
action among several alternatives.
Every decision making process produces a final choice. The output
can be an action or an opinion of choice.
Good decision making is an essential skill for career success generally,
and effective leadership particularly.
If you can learn to make timely and well-considered decisions, then
you can often lead your team to spectacular and well-deserved
success. However, if you make poor decisions, your team risks failure
and your time as a leader will, most likely, be brutally short.
We all make decisions of varying importance every day, so the idea
that decision making can be a rather complicated art may at first seem
strange.
However, studies have shown that most people are much poorer at
decision making than they think. An understanding of what decision
making involves, together with a few effective techniques, will help produce
better decisions.
Definition:-
Decision making is the study of identifying and
choosing alternatives based on the values and
preferences of the decision maker.

Decision making is the process of sufficiently


reducing uncertainty and doubt about alternatives
to allow a reasonable choice to be made from
among them.
Steps of Decision making
There are six steps to making an effective
decision:

1. Create a constructive environment.


2. Generate good alternatives.
3. Explore these alternatives.
4. Choose the best alternative.
5. Check your decision.
6. Communicate your decision, and take action.
Decision making at an
individual level
After the above discussion of Decision making we came to
know about the decision making.
We understood about the decision making and the steps of a
decision making. 
As a manager it is very important to make decision at every
movement.
Usually a manager has to take a decision in any organization
whither it is a right or wrong.
In fact decision making at an individual level is a very difficult
and crucial task.
Decision making at an individual level
There could be a question in front of us, is the
decision making important at an individual level
and why?
Yes, it is important because as a manager he/she
takes responsibilities of any organizational
performance and output of the organization.
If a decision is not appropriate or a decision is
not happened at the time of its necessity there
will be a great obstacle in the path of business
performance.
Implement the theory on me...
If I implement the decision making process theory on
me I will find a weakness of decision making. I cannot
make decision immediately at every time and some
time it takes little bit longer to make the decision.

As an example, recently when I was thinking to go to


UK for higher study at that time I was unable to make
decision whether to go to UK or not? I was hearing the
student’s problems in the UK. One day I went to an
agency for the discussion about the abroad study. They
suggested me to go to the UK which is very good
country and the study of UK is world widely renowned
as well.
Implement the theory on me...
We would get 20 hour work and the college is only two
days in a week. Then I had decided to go to UK for the
higher study thinking that I would get 20 hrs work
which will support me to complete the study. When I
complete the course, I will get two years PSW permit
and my MBA degree certificate as well.

But unfortunately, I didn’t get any job and the leaving


standard is too expensive. Now I am facing too much
problem even I am trying to solve it thinking that if
once I complete my study, I will get 2 years PSW and
after that I will go back to my country and I will start
any business over there staying with my family.
Continue......
Now, a question arises, the decision to come to this
country for MBA was right or wrong for me even
there were a lot of good colleges and university over
there.

In my view this was a wrong decision for me because


if I decided to do MBA from Nepal instead of this
country I could save two things one I can continue
my business and no need to expand more than 800K
Rupees which is very big amount in the country. And
I could pass MBA easily from there.
Effect of implementation...
In this way we can say that if our decision is not suitable
at the suitable time there will be many problem and plan
may fail as well. As a manager it is most important to give
the right decision at the right time otherwise it is very
difficult to reach the destination where we want to reach.

Now I understood that I should have the capacity of good


decision making. I need to follow the steps of problem
solving in my personal decision as well. First of all I will
create a constructive environment then generate good
alternatives and explore these alternatives after that I will
choose the best alternative and check my decision.
Finally, I will take action on the decision.
Decision making within a group
If a person makes decision personally it will be called
individual decision but if decision will be made within a
group it would be called group decision. Group decision
or decision making within a group is the most
important as well.
-People are different with culture, behaviour, norms &
values
-It is very difficult to be a mutual decision within a
group at every time
-The decision taken in a group would be more valid
than taken individually.
Conclusion

The decision taken individually and in a group plays


an important role for the future success of an
organisation and an individual as well.
Thank you very much

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