1 Hour Training Bubbles Decision Making Process

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Presentation transcript:

1 Hour Training Bubbles Decision Making Process Your Name

Objectives At the end of this session you will be able to: Identify the key elements to this decision making process Distinguish the 7 key steps of the decision making model Recognise the benefits of using this approach for both yourself and your business

Decision Making Process Objectives Options Priorities Implement Context Consequences Review

Step 3 - The Options Analysis Vs. Complexity Paralysis of Analysis High Paralysis of Analysis Quite risky, never get to a decision or rush into it Balanced Approach More likely to deliver considered option Analysis Experimental Just do it Inadequate Analysis Danger Low High Complexity of Decision

Step 4 – The Consequences Caution Vs. Courage Optimum Line High Scared No Decision Made Difficult, But Balanced Caution Simple and Balanced Careless Risk Taker Probable High Regret Low High Courage

Step 5 - Prioritise Decision making High Inspirational Judgmental Medium Experience Consultation Low Routine You must exercise the appropriate mode, according to the complexity of the problem

Objectives Now you can: Identify the key elements to this decision making process Distinguish the 7 key steps of the decision making model Recognise the benefits of using this approach for both yourself and your business