THE DOMINICAN BLESSING May God the Father bless us, May God the Son heal us, May the Holy Spirit enlighten us and give us eyes to see with, ears to hear with, and hands to do the work of God with, feet to walk with, and a mouth to preach the word of salvation with, and the angel of peace to watch over us and lead us at last, by our Lord’s gift, to the kingdom. Amen. COVERAGE: Decision Making Process Decision Making Styles The Decision Making Models Decision Making Process Decision-making process is a series of steps taken by an individual to determine the best option or course of action to meet their needs. In a business context, it is a set of steps taken by managers in an enterprise to determine the planned path for business initiatives and to set specific actions in motion. STEPS & DECISION MAKING PROCESS MODEL IDENTIFICATION OF THE PURPOSE OF THE DECISION INFORMATION GATHERING EVALUATE THE RESULT EXECUTE THE DECISION DECISION MAKING PROCESS IDENTIFY THE ALTERNTIVES BRAINSTORM AND ANALYZE THE DIFFERENT CHOICES SELECT THE BEST ALTERNATIVES EVALUATION OF THE ALTERNATIVES In this step, the problem is thoroughly analyzed. There are a couple of questions one should ask when it comes to identifying the purpose of the decision. • What exactly is the problem? • Why the problem should be solved? • Who are the affected parties of the problem? • Does the problem have a deadline or a specific time-line? In the process of solving the problem, you will have to gather as much as information related to the factors and stakeholders involved in the problem. This step involves both internal and external “work.” Some information is internal: you’ll seek it through a process of self-assessment. Other information is external: you’ll find it online, in books, from other people, and from other sources. As you collect information, you will probably identify several possible paths of action, or alternatives. You can also use your imagination and additional information to construct new alternatives. In this step, you will list all possible and desirable alternatives. For this step, brainstorming to list down all the ideas is the best option. Before the idea generation step, it is vital to understand the causes of the problem and prioritization of causes. In this step, experience and effectiveness of the judgement principles come into play. You need to compare each alternative for their positives and negatives. Draw on your information and emotions to imagine what it would be like if you carried out each of the alternatives to the end. Once you go through from Step 1 to Step 5, this step is easy. In addition, the selection of the best alternative is an informed decision since you have already followed a methodology to derive and select the best alternative. Convert your decision into a plan or a sequence of activities. Execute your plan by yourself or with the help of subordinates. In this final step, consider the results of your decision and evaluate whether or not it has resolved the need you identified in Step 1. Evaluate the outcome of your decision. See whether there is anything you should learn and then correct in future decision making. This is one of the best practices that will improve your decision-making skills. CONCLUSIONS When it comes to making decisions, one should always weigh the positive and negative consequences and should favor the positive outcomes. Sometimes, avoiding decision making seems easier; especially, when you get into a lot of confrontation after making the tough decision. But, making the decisions and accepting its consequences is the only way to stay in control of your life and time. DECISION MAKING STYLES WHAT ARE THE FOUR STYLES OF DECISION MAKING? You can think of decision-making styles as something similar to personality types. Instead, it is a tool to give you insight into how you process your decisions. The goal is to help you recognize your strengths and weaknesses so that you can become a stronger, more confident decision maker. How are the decision-making styles determined? There are two spectrums work together to create the decision-making style framework. The This first spectrum is structure vs. ambiguity. spectrum measures people's tendency to prefer either structure (i.e., defined processes and expectations) or ambiguity (i.e., open-ended and flexible). STRUCTURE VS AMBIGUITY How are the decision-making styles determined? There are two spectrums work together to create the decision-making style framework. The second spectrum is task/technical vs. people/social. This spectrum measures if the motivation to make a specific choice is guided more by a desire to be right, or to get results (task/technical), or if it's to create harmony or social impact (people/social). TASK/TECHNICAL VS PEOPLE/SOCIAL DECISION MAKING STYLE ANALYTICAL Analytical decision-makers carefully analyze data to come up with a solution. They're careful and adaptable thinkers. They will invest time to collect information to form a conclusion. These decision-makers are task-oriented but have a high tolerance for ambiguity. CONCEPTUAL Conceptual decision-makers look forward to what could happen if the decision is made. Their conclusions come from visualizing different opportunities and outcomes for the future. They're strong in making long-term decisions. Are big picture thinkers who are willing to take risks. DIRECTIVE A directive decision-maker has a low tolerance for unclear or ambiguous ideas. Directive decision-maker excel at verbal communication. They're focused on the task and will use their own knowledge and judgment to come to a conclusion with selective input from other individuals. BEHAVIORAL A behavioral style of decision-making focuses on relationships more than the task. These decision-makers rely on information from others to guide what they choose. They are persuasive communicators who value decisions based on a team consensus. Their decisions are often based on how the choice will impact relationships. MODELS OF DECISION MAKING MODEL 1: RATIONAL DECISION MAKING RATIONAL DECISION MAKING: DEFINITION Rational model of decision making is a model where individuals use facts and information, analysis, and a step-by-step procedure to come to a decision. Is a method of taking emotion out of making decisions and applying logical steps to work towards a solution. RATIONAL DECISION MAKING: DEFINITION The model involves comparing multiple options or alternatives by using non-bias research, facts, and other data to help choose. Can be used for a variety of reasons whether it be for educational purposes, business decisions, career choices, or other significant life events. MODEL 2: RECOGNITION PRIMED DECISION MAKING RECOGNITION-PRIMED DECISION MAKING: DEFINITION This decision-making model requires you to use your quick-thinking skills and experience. Implementing the recognition-primed decision model often requires extensive experience with the goal or challenge to develop suitable solutions. It involves iterative steps. Develop at least one potential solution based on patterns you identified from your experience. Understand the task to complete or challenge to overcome. Define your goal or objectives Consider similar situations and relevant information' s Using your experience, quickly evaluate the situation. Create potential solutions Challenge the solution if you want to confirm it's the best possible outcome. Check whether the solution works Think about the solution to determine whether it can solve the challenge or reach the goal. Change solutions Finalize your decision Take the required action once you're confident in your final solution. MODEL 3: CREATIVE DECISION MAKING CREATIVE DECISION MAKING: DEFINITION This model uses original ideas to create innovative solutions for reaching a goal or overcoming a challenge. It involves reflecting on a situation and developing a solution without relying on similar situations or experiences. It typically requires you to be flexible and creative. MODEL 4: INTUITIVE DECISION MAKING INTUITIVE DECISION MAKING: DEFINITION This model appears to be based solely on gut feelings. Is the way people make decisions naturally, without the use of formal tools and procedures. You’re able to trust your gut feel about a person’s behavior or communication after just one partial or full exposure to them. https://www.umassd.edu/fycm/decision-making/process/ https://www.tutorialspoint.com/management_concepts/decision_making_proc ess.htm https://careerforesight.co/blog-feed/4-styles-decisionmaking#:~:text=The%20four%20decision%2Dmaking%20styles,Behavioral https://study.com/academy/lesson/the-rational-decision-making-model-stepsand-purpose-in-organizations.html https://ca.indeed.com/career-advice/career-development/rational-model-ofdecision-making