Decision Making A quick and simple system for decision making.

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Presentation transcript:

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 1

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 2. Criteria: List your musts and wants. 2

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 2. Criteria: List your musts and wants. 3. Priorities: Prioritize your wants by using a scale of 10 to 1. 3

Decision Housing Matrix 4

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 2. Criteria: List your musts and wants. 3. Priorities: Prioritize your wants by using a scale of 10 to 1. 4. Solutions: Search for alternatives. 5

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 2. Criteria: List your musts and wants. 3. Priorities: Prioritize your wants by using a scale of 10 to 1. 4. Solutions: Search for alternatives. 5. Evaluate: Rate each alternative on a scale of 1 to 10. 6

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 2. Criteria: List your musts and wants. 3. Priorities: Prioritize your wants by using a scale of 10 to 1. 4. Solutions: Search for alternatives. 5. Evaluate: Rate each alternative on a scale of 1 to 10. 6. Multiply: Multiply the rate by the value. 7

Decision Making A quick and simple system for decision making. 1. Purpose: State the purpose. 2. Criteria: List your musts and wants. 3. Priorities: Prioritize your wants by using a scale of 10 to 1. 4. Solutions: Search for alternatives. 5. Evaluate: Rate each alternative on a scale of 1 to 10. 6. Multiply: Multiply the rate by the value. 7. Review: Test your highest score; play devil’s advocate. 8

Decision Starts Matrix 9

Decision Matrix Purpose: Criteria Opportunity Musts: Be ethical. Wants Wants Value (V) Rate V x R $ Results, profit 10 Low Exec Time Low $ Cost 7 Low Complexity Low Risk Benefits Low Difficulty 5 Time Frame 3 Total Points Potential Profit $ $ Decision(s):