2. Chapter 8 December 3, 2009

3. Bell Activity Write out the steps you took this morning to decide what to wear today. Was it intuitive or rationale? Does the way you made this decision reflect how you would make an important decision?

4. Importance of Decision Making Intuitive vs. Rational Which one is better? Why or why not?

5. Teamwork Individually, brainstorm fundraising ideas for DECA. In your group, using the six steps of the rational decision making process, each group will decided what the fundraiser should conduct and how should it be implemented. Each student will write a two paragraph report describing their decision making process.

6. Factors Influencing Decisions Risk in decision making Importance of Timing The Role of Values Team decision making

7. Types of Management Decision Styles Autocratic Semi Autocratic Leading Collaborative Accommodating

8. Activity Each group will be assigned decision style Create a skit that represents your style After the skit, explain your style to the class.

9. Homework Focus free write Facts and Idea Review Critical Thinking 1 & 2

10. Section 8.2 Bell Activity ▫List ways you believe you are creative. ▫Name someone you think is creative and why?

11. Review 8.1 Facts and ideas review Article Review Test Friday - Chapter 8

12. In this section: To make good decisions, managers must also be creative. This section discusses: Making Creative Decisions Encouraging Creativity The Meyers Model for Creative Decision Making Barriers to Effective Decision Making

13. What You’ll Learn How managers make creative decisions How to encourage creativity through brainstorming, brainwriting, and wish lists. The six stages of the Meyers model of creative decision making. The four barriers to effective decision making.

14. Why It’s Important KEY TERMS Brainstorming Brainwriting The most successful companies have managers who know how to make effective decisions.

15. Making Creative Decisions There are five steps to making creative decisions. 1.Preparation – investigate all parts 2.Concentration - timetable 3.Incubation - options 4.Illumination – acceptable solution 5.Verification – test solution

16. Encouraging Creativity ▫ Managers encourage creativity with these techniques: Brainstorming—A group of people coming up with as many different ideas as possible to help solve a problem, without making judgments about those ideas. Brainwriting—Like brainstorming except group members write down their ideas to help solve a problem. Wish Lists—A group solving a problem by imagining they have the power to solve any problem without regard for physical or financial constraints.

17. Meyers Model for Creative Decision Making The Meyers Model has six stages for solving a problem. 1.Recognition – describe 2.Fact Finding – gather more info. 3.Problem Finding – revisit problem 4. Idea Finding - brainstorming 5.Solution Finding – match problems w/solution 6.Acceptance Finding – implement solution

18. Activity Using the Meyers Model, your group will brainwrite a solution to the following ▫Our class received 1,000 t-shirts from a rock group to help the homeless. What would your group do to benefit the most people and why?

19. Barriers to Effective Decision Making Complacency – easier problem Avoidance – denies importance Panic - frantic Indecisiveness – unable to make final decision

20. Decision-Making Characteristics Successful companies have several decision- making characteristics in common : accepting change listening to customers decentralizing authority hiring carefully training employees continuously controlling costs

21. Activity Problem: The local high school is overcrowded and is approaching an enrollment of 4,000 students. There have been many scenarios discussed to relieve overcrowding. Come up with a solution to the problem using either ▫brainstorming ▫brainwriting ▫wish list

22. Assessment P. 197 Facts and Idea Review Critical Thinking