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Decision-Making Process

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Presentation on theme: "Decision-Making Process"— Presentation transcript:

1 Decision-Making Process
Do you have an plan or an answer?

2 “Most people don’t plan to fail… They simply fail to plan!”
Answer = Something you give Plan = Something you have figured out and thought about Set Goals Short term = 3 months Intermediate = 3 months to a year Long term = more than a year Set SMART Goals

3 Specific…….. Measurable… Attainable….. Realistic……. Time-Limited..
SMART Goals Specific…….. “Pay for lodging, transportation, meals for a 5-day trip to Washington, D.C.” Measurable… “$300 through fundraising, $50 from birthday money, save $25 a week.” Attainable….. “If I stick to my plan, I’ll have the money when I need it.” Realistic……. “I still have enough money to live on while I work toward this goal.” Time-Limited.. “I need to have all the money by 6 months from now.” 1-H

4 7 Steps to making Decisions
Define your needs and wants Need food, want steak Analyze your resources How much money do I have, who can give me things? Identify your choices Stores, different types of steak, other options Gather Information Look at sales adds, find coupons Evaluate your choices Make a decision Plan how to reach your goal

5 Scenario Think about your interest, values, and abilities.
Identify a job you would like to go into. Now, go through the 7 Steps to determine which you will go about getting, and how you will make sure you get it.

6 Example Need a job Want more than min. wage Groups 1. Need / Want
Friends / adults 2. Resources Want benefits Major Decision: Job Internet Mall Job Fast Food 3. Choices Farm Office Example


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