Steps, styles and types of decision making
- 1. WelcomeWelcome ToTo My PresentationMy Presentation Syed Maniruzzaman PabelSyed Maniruzzaman Pabel ID: 142-15-4186ID: 142-15-4186
- 2. Our Topic : Steps, styles and types of decision making ,with example.
- 3. Decision making? Decision making is the process of selecting a logical choice from the available options, two or more alternatives. 3
- 4. Steps of decision making: 1.Identify a problem 2.Identify decision criteria 3.Allocating weights of the criteria 4.Devloping alternatives 5.Analyzing alternatives 6.Selecting an alternative 7.Implementing the alternative 8.Evaluating decision effectiveness 4
- 5. 1.Identify a problem: A discrepancy between an existing and desired stateA discrepancy between an existing and desired state of affairs.of affairs. 5
- 6. 2. Identifying Decision Criteria investments required chance of failure growth of the firm. 6
- 7. 3.Allocating weights of the criteria Decision criteria are not of equal importance 7
- 9. 5.Analyzing alternatives Appraising each alternative’s strengths and weaknesses 9
- 10. 6.Selecting an alternative Choosing the best alternative 10
- 11. 7.Implementing the alternative Putting the chosen alternative into action. Conveying the decision to and gaining commitment from those who will carry out the decision. 11
- 12. 8.Evaluating decision effectiveness The soundness of the decision is judged by its outcomes. How effectively was the problem resolved by outcomes resulting from the chosen alternatives? If the problem was not resolved, what went wrong? 12
- 13. Assessed Values of Laptop Computers UsingAssessed Values of Laptop Computers Using Decision making CriteriaDecision making Criteria 13
- 14. Styles of decision making: Decision making style proposes people differ along two dimensions in the way they approach decision making. The first is an individual way of thinking. The other dimension describes anindividuals tolerance for ambiguity. # decision making styles of four types. 14
- 15. 1) Directive Style: Managers using directive style have low tolerance for ambiguity and are rational in their way of thinking. They are efficient and logical. (2) Analytic Style: Managers with an analytic style have high tolerance for ambiguity than do directive type and are rational in their way of thinking. (3) Conceptual Style: Managers with conceptual style have high tolerance for ambiguity and an intuitive way of thinking. (4) Behavioral Style: Managers with behavioral style have low tolerance and an intuitive way of thinking. 15
- 16. Types of decision making: Decision making have six types: 1. Programmed and non programmed decisions: Programmed decisions are those which are normally repetitive in nature and are taken as a routine job and responsibilities. 2. Major and minor decisions: among different decisions some decisions are considerably more important than others and are prioritized. 3. Routine and strategic decisions: Routine decisions are those decisions which are considered as tactical decisions. 16
- 17. 4. Organizational and personal decision: Organizational decision is taken by top executives. For official purpose. They affect the organizational activities directly. 5. Individual and group decisions: When a single employee is involved in decision making it is called individual decision. 6. Policy and operating decisions: Policy decisions are taken by top level management to change the rules, procedures, organizational 17
- 19. Every Body 19
Editor's Notes
- #2: The slides for this text are organized into chapters. This lecture covers Chapter 1, and is an overview of database systems. The material is standard, with one exception: The discussion of transactions, concurrency control, and recovery is perhaps more in-depth than usual in a first lecture, and this deserves some explanation. Students will (in typical course sequences) not be exposed to this material until much later in the course, and I find it useful for them to have a little background knowledge. This helps, for instance, when explaining why a buffer manager needs to support selective forcing of pages (because write-ahead logging requires it). It is also an important and engaging topic that draws students into the subject immediately. Sometimes, the interactions go so far that I move up the overview material on CC and recovery from Chapter 16, and cover it as Lecture 2! (Note that this can be readily done since Chapter 16 does not rely on any intervening chapters.)