If sufficient “care is not taken then it may ultimately turn out to be a mere symptom. There is no exception about that. Do an internal assessment, seeing where your organization has succeeded and failed in areas related to your decision. (b) Resources – The alternative should fit into organisation’s resource structure. The process includes identifying and analyzing problems, collecting different facts and figures, finding different solutions, and, finally, narrowing down and implementing the best one to meet organizational goals. Techniques 6. The different branches record the probability of success and estimated payout so the company can see which option will bring in more revenue. PHP supports following three decision making statements − if...else statement − use this statement if you want to execute a set of code when a condition is true and another if the condition is not true. Decision making is the mental process of choosing from a set of alternatives. Besides there may be many factors involved in the problem. Constant follow-up helps to take corrective action as and when necessary. Once the problem and conditions are defined, the decision-making process becomes quick. Once the problem is identified and diagnosed, the manager should identify the resources and constraints relevant to the problem. Without developing alternatives, a manager is likely to be guided by his limited imagination. This type of model is based around a cognitive judgement of the pros and cons of various options. It can also be a waste of time and resources to make decisions that end up being irrelevant. The first and the most important task before the decision­ maker is to find and define the problem before he takes any decision. Once the best among the available alternatives has been selected, it must be implemented properly to achieve the objective for which it was selected. Decision-making consists of a process to choose the best solution to a problem among available alternatives. Hopefully, you’ve identified and clarified what decision needs to be made, gathered all relevant information, and developed and considered the potential paths to take. They start designing or developing solutions through a vague idea gradually improve it, refine it by recycling it through selection routes back into problem identification or through further searches. Once an alternative is selected, that becomes the decision and it has to be implemented in a systematic way. The required resources for the implementation and the necessary cooperation from the people concerned have to be ensured. This will also help him sharpen his decision-making skills. I’ll also provide examples along the way, so you know how to apply each step of the process to any problem you encounter. While taking decision the manager should ensure the maximum possible economy of efforts, money and time. Further, sufficient time should be given over thinking and defining the problem as it is not easy to define the problem and to see the fundamental thing that is causing difficulty and that needs correction. iii. These types of decisions are difficult because they are life changing decisions; they shape who we are, and they shape our future. Step 3: Evaluating the benefits and any associated costs with the implementation of each solution. Therefore, the manager must try to make the people understand what the decision involves, what is expected from them and what they should expect from the management. For example- if there is an unnecessary post in a department, the alternative not to fill it will be the best one. The solutions are to be ranked on the basis of their weights in terms of strengths and opportunities after eliminating the non-viable solutions in view of their weaknesses and environmental threats for implementation. It also highlights the importance of looking into the behavioral aspects in the decision-making process. This information will be very useful in taking the corrective measures and in taking right decisions in the future”. This step-by-step checklist is valuable for this purpose. Here is the part of the decision-making process where you, you know, make the decision. If you need to achieve a specific goal from your decision, make it measurable and timely so you know for certain that you met the goal at the end of the process. The alternative should be monitored through progress reports to see whether the objective for which it was selected is achieved or not. Whether you manage a small team or are at the head of a large corporation, your success and the success of your company depend on you making the right decisions—and learning from the wrong decisions. 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