Section 8 Flashcards
The Decision making process
a PROCESS, acquire info and then take action based on that info leading to action. Can’t have one without the other.
Problem/Issue Analysis
An issue that may be present within any given system or organization-monitoring the environment. WHERE WE GATHER INFO / DATA RESEARCH
Define the Problem or Issue
Clarifying what are issue is
How old is the issue? Has anyone worked on the issue?
Think about the trends of the data?
EVERYONE MUST AGREE ON THE PROBLEM OR ISSUE
Get and Analyze face on the problem
After the problem is defined, one needs to gather information and data about the problem in order to understand the steps needed to fix the issue.
Clarify the facts
There needs to be relevant information pertaining to the issue in order to solve. RESEARCH THAT WILL IMPACT THE PROBLEM! This can take a long time.
Formulate criteria
(criteria-a principle or standard by which something may be judged or decided) What factors will be made? —
Need quality and quantity of good people, resources (stuff), time, and money.
What exactly is a good decision?
Assessing and monitoring a process.
Allocate weights to criteria
Weight items in order of importance when making the decision.
Prioritize the importance of the criteria.
Know it is important from objective research
Developed and evaluate alternatives
options from brainstorming objectively
(First, develop alternatives, need to brainstorm on the idea, while looking at the risks, the trends. Then need to think about what can reasonably done.)
Look at the problems in different ways-this will guide you to develop a new perspective, carefully evaluate new alternatives in terms of consequences and relativeness, and it is important to consider all of the criteria.
Positive or negative barriers of alternatives, policies, laws, regulations
Probability of people successful
Select an alternative
Using judgement and decision-making criteria to evaluate each alternative. Think about acceptance objectively
Compare each alternative for pros and cons.
If the previous steps are done well, the decision should rise to the top.
Implement an alternative
Converting the decision into a plan/sequence of events and follow through.
Evaluate and make Recommendations
s the decision accepted? Are people doing it? Is the problem getting better? If not go back to step 6 and select a different alternative
To evaluate is to form and idea of the amount, number, or value of; assess the information, evaluate the effectiveness of the decision through online surveys, customer reactions, and employee meetings. Is the decision working? What changes can be made to improve it?
The two factors to look at when making decisions
- Quality - good information, primary sources (right from patient)
- Acceptance - think about who the decision impacts
Decision wouldn’t matter if no one accepted it
The two general theories of decision making
Normative
Behavioral
Normative Theory
- Also called PRESCIPTIVE as this theory presents guidelines or norms to indicate how one ‘should’ make a decision
- This is data driven decision making; one looks at data, numbers, facts before deciding
- Very conservative method
- EX: bank statement, weather, registration for classes
Behavioral Theory
- Also called DESCRIPTIVE as this theory seek to describe and explain how decisions are made
- Here one includes emotional, values, culture, ect. as the good is to understand the human decision making process
- It is not data driven all of the facts may point to one direction or decision, but a risky person or emotionally charged person may chose the complete opposite direction
- EX: birthday celebrations
2 major differences of Japanese vs. US decision making
Interpretation of what is a decision and what it means
Time involved