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Sunday, January 31, 2010

Decision Making

Decision Making

Introduction

It is an art or capability of taking a decision in any situation. Decision making is an important part of life as one has to encounter it everyday in life. An individual has various stages in life when some of the most important decisions of their life are being taken.

Stages in Decision Making



Figure 1source-blogs.trb.com

Understanding Situation- It is the most important stage of the process if this is not done properly than the whole process turns out to be a waste because it is primary to get in the skin of the situation.



Deciding Variables – After the first stage it is important that one should focus on deciding the what are the variables which are at stake because they cast a major effect on your decision and can change your fortunes completely positively or negatively.



Taking Decision- the last stage of the process of decision making involves deciding various decisions which can be taken in the light of the present situation and evaluating their advantages and disadvantages on the whole affair. Each alternative can have its own impact so after a careful evaluation one needs to make a decision.

 It stands true for every activity done for the first time For ex-if you are learning to ride a bicycle for first time then it is important to get the basics right.

So next time any of you strive to take a decision keep these things in your mind.

1 comment:

Rupal Dureha said...

Wow u made the most difficult task just a matter of few steps...good one and yes I also believe a good thought process does make your decisions more effective and drives OBJECTIVITY.