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Decision Making Mrs. Nations Introduction to Business and Technology.

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Presentation on theme: "Decision Making Mrs. Nations Introduction to Business and Technology."— Presentation transcript:

1 Decision Making Mrs. Nations Introduction to Business and Technology

2 The Marshmallow Test

3 What is the PROBLEM?  Decide what the problem is?  Before you can make a decision you have to know what the problem is!

4 Think about the ALTERNATIVES  After you have established what the problem is, you can brainstorm for alternatives  It is good to have 2-3 alternatives for each problem when completing the decision making process  List the pros and cons of the alternatives

5 Select a Solution for Problem  Evaluate the Alternatives  Consider all pros and cons  What alternative best fits the problem  Stand strong in your decision and be confident that it is the right thing to do!

6 Type of Decision Making  Group Decision Making  Made up of more then one person effected by the problem  Individual Decision Making  One person effected by problem OR  One person selected to fix a problem  Management Member, Administrator, etc.

7 Assets of Group Decision Making  Groups can accumulate more knowledge and facts  Groups have a broader perspective and consider more alternative solutions  Individuals who participate in decisions are satisfies with the decision and are more likely to support it.  Group decisions making processes serve an important communication function.

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