Download - Decision making
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Define Decision Making Importance of Decision Making Factors in making Decision Art of Decision Making Problem in Delayed Decisions. Decision Making model Case study Decision Making without data Case study Conclusion
OBJECTIVES
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The process of selecting a logical
choice from the available options.Major Life Decisions
GOALS
Develop, Prioritize, attain
CHOICE
Of life style , study & food habits, hobbies
CAREER
Choice of profession , further study
DEFINITION
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Life is full of choices/decisions
When do we wake up in morning?
Which dress shall I wear? Which bus shall I go? Which film shall I see? When and what to study? All are made by selecting
among the various options
IMPORTANCE OF DECISION MAKING
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Our childhood decisions are mostly taken by parents
Our education, employment, life style are all critical stages of decision making
The critical question is “Are we take every decision wisely and consciously by following a rational approach”
DECISION MAKING
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Meet our desired objective Rational, Feasible and desirable
Morally and ethically correct Best possible among alternatives
Permanent solution Ability to deal negative impact
Taken at suitable time and right opportunity
FACTORS in making decision
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Ready to give the prize. We should decide to sacrifice something in order to get something
ART OF DECISION MAKING
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Decision taken with balanced mind with rightful objection and without involving emotions.
ART OF DECISION MAKING
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Deep thinking with the available data
Decide and execute Thiruvalluvar says in Kural
467:"Any task should be started after a deep thinking,Reconsidering the decision later is a disgrace."
ART OF DECISION MAKING
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Prioritize the work
"Delay the actions which are not important,Delay not the actions which are urgent."
( Kural 672)
ART OF DECISION MAKING
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Analyze and Ready to face the consequence of action
Firm in execution
“Soolchi huniveidhal athunivu
Thaalchiyul thangudhal
theedhu" (Thirukural 671)
ART OF DECISION MAKING
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Stand in the middle of opposite
possibilities
Analyse pros and cons of each
available alternative
Proceed with open mind without
any predetermined assumptions.
ART OF DECISION MAKING
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Belated decision tantamount to wrong decisions.
Jammu- kashmir leads to great trouble between India and Pakistan. The king failed to decide where to annexe the region.
Koodankulam Nuclear Plant. People belatedly decided to oppose the project.
DELAY IN DECISION MAKING
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The Decision-Making Model
A six-step process that when properly utilized increases chances of success in decision making and problem solving
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How to choose a education after +2
CASE STUDY
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MarksInterestEconomyJob opportunitiesFamily BackgroundNo of years(3,4,5)
FACTORS
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Palani, Mani and Arun studying in a same school
They are average students Let us take a decision on their future education.
THREE FRIENDS
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Likes adventure and sports Hails from poor family He had two elder brother who works in their home town
PALANI
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Mother and Father are teachers They desire to make his son to acquire higher degree
Mani is interested in vehicles and machines
MANI
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Hails from an average family He is good in maths. He had a younger sister and it is his
responsibility to educate him.
ARUN
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Take a decision on all three friends by considering the factors and situation given above
DECIDE
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Look back your predecessor acted in similar situation
Consult masters in their field.
DECISION MAKING WITHOUT DATA
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TRAIN TRACK AND CHILDREN
CASE STUDY
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The story given here is quite interesting and really gives us an insight in to decision making
WHAT TO DECIDE
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A group of children were playing near 2 railway tracks, one still in use while the other disused. Only one child played on the disused track, the rest on the operation track
WHAT TO DECIDE
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The train came and you were just beside the track interchange. It was not possible to stop the train but you could make the train change its course to the disused track and save most of the kids
WHAT TO DECIDE
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However, that would also mean the lone child playing in the disused track would be sacrificed. Or would you rather let the train go way.
Let us take a pause to think what kind of decision we would make
WHAT TO DECIDE
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Analyze the situation
Thick and reflect
DecideNow go ahead
WHAT TO DECIDE
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Most people might choose to divert the course of the train, and sacrifice only one child. To save most of the children at the expense of only one child was rational decision most people would make morally and emotionally
WHAT TO DECIDE
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But, have you ever thought that the child choosing to play on the disused track had in fact made the right decision to play at a safe place.
Nevertheless, he had to be sacrificed because of his ignorant friends who choose to play in the used track which is dangerous.
WHAT TO DECIDE
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This kind of dilemma happens around us everyday. In the office community, in politics and especially in a democratic society the minority is often sacrificed for the interest of the majority. No matter how foolish or ignorant the majority are and how farsighted and knowledgeable the minority are.
WHAT TO DECIDE
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The child who choose not to play with the rest on the operational track was side lined. And in the case he was sacrificed, no one would shed a tear for him
WHAT TO DECIDE
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To make the proper decision is not try to change the course of the train because the kids playing on the operational track should have known very well that track was still in use and that they should have run away if they heard train sirens.
WHAT TO DECIDE
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If the train was diverted, that lone child would definitely die because he never thought the train could make over to that track.
Notably that track was not in use probably because it was not safe.
WHAT TO DECIDE
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If the train was diverted to the unused track, we would put the lives of all passengers on board at stake. And in your attempt to save a few kids by sacrificing one child, you might end up sacrificing hundreds of people to save these few kids
WHAT TO DECIDE
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While we are all aware that life is full of tough decisions that need to be made, we may not realize that hasty decisions may not always be the right one.
Remember that What’s right is not always popular and what’s popular isn’t always right.
WHAT TO DECIDE
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Everybody makes mistakes; that’s why they put erasers on pencils.
WHAT TO DECIDE
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"Imagination leads to creativityCreativity leads to thinkingThinking leads to learning Learning provides knowledge, Knowledge makes you great”
Abdul kalam
Knowledge leads to self confidenceSelf confidence leads to CourageCourage leads to Decisions
Acquiring knowledge is a continuous processDecision Making is indispensable part of life.
conclusion