Decision Making Techniques

The method of chance is followed during crisis of time or when the alternatives are of equal importance. This is usually done by tossing coins as is the practice in sports field. The method following intuition is also quite effective. Many inventors have relied on this method of decision making. At times, it becomes impossible to analyze all the pros and cons. This among the other techniques becomes particularly helpful under such circumstances.

The analytical method is by far the most dependable and popular among the other techniques of decision making. It takes into account different perspectives and all the pros and cons pertaining to the matter in hand. Some of the factors that are considered while decision making include high risk consequences, complexity, uncertainty, interpersonal issues and alternatives. To be able to take the right decision, you will need to follow these sub techniques.

You need to build a constructive environment and this can be achieved by setting up the goal in the beginning. After this, you need to select the process and involve the right kind of people. This is often done by following the Vroom-Yetton-Jago Model. Discuss the issue and make sure that all the opinions are heard. Keeping an open mind helps in making the process easier. Be a little creative and if possible use a different approach to produce effective alternatives.

Brainstorming sessions can help generate better alternatives and eliminate the average ones. The Crawford Slip Writing Technique employing the members also often aids in producing good results. Consider best alternatives and organize them properly. Evaluate these alternatives carefully before zeroing in on one. Check your decision properly before starting the course of action. These techniques help in choosing the right course of action. Follow these decision making techniques for deriving the best result.

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