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Decision making - Coggle Diagram
Decision making
consists of following STEPS
Identification of problem by
scannig and evaluating the environment
financial and performance reports
changes in strategies of competitors
Identification of Criteria
3.Allocation of weights to criteria
4.Development Of Alternatives
5.Analyzing alternatives on basis of
feasability
satisfactoriness
consequences
6.Selection of alternatives according to
experience
research and analysis
experimentation
7.Implementation of alternatives by
Reassesing Environment
Deal with resistance
8.Evaluation of alternatives
Techniques
GRID Analysis
Decision Trees
Cost-Benefit Analysis
Pareto analysis
PMI
Force Field analysis
Six thinking hats
Paired comperision analysis
Has the following
Styles
Individual
Group
Tactical
Strategic
Routine
HAS FOLLOWING FACTORS
COGNITIVE BIASES
ETHICS
TIME PRESSURE
COMPLEXITY
MODELS
RATIONAL
BOUNDED RATIONALITY
INTUTIVE
Outcomes
Effectiveness
Learning
Consequences
COMPLETE KRDE
ROHAN
BHAAI ISSSSE