8 Steps to Effective Decision Making

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Presentation transcript:

8 Steps to Effective Decision Making

Identify a problem or opportunity The first step is to recognize a problem or to see opportunities that may be worthwhile. Will it really make a difference? How worthwhile will it be to solve this problem or realize this opportunity? 1

Gather information What is relevant and what is not relevant to the decision? What do you need to know before you can make a decision, or that will help you make the right one? Who knows, who can help, who has the power and influence to make this happen (or to stop it)? 2

Analyze the situation What alternative courses of action may be available to you? What different interpretations of the data may be possible? 3

Develop options Generate several possible options. Be creative and positive. Ask "what if" questions. How would you like your situation to be? 4

Evaluate alternatives What criteria should you use to evaluate? Evaluate for feasibility, acceptability and desirability. Which alternative will best achieve your objectives? 5

Select a preferred alternative Explore the provisional preferred alternative for future possible adverse consequences. What problems might it create? What are the risks of making this decision? 6

Act on the decision Put a plan in place to implement the decision. Have you allocated resources to implement? Is the decision accepted and supported by friends/family? Are they committed to making the decision work? 7

Essential Steps in Decision Making: Evaluate and Learn It's useful to review how successful the decision has been, and the effectiveness of the decision making process. Monitor these by asking: How will you evaluate the success of the decision? What did you do well? What can be improved? What are you now able to do that you couldn't, before implementing the decision? 8