Decision Making What is the Decision choice made

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Decision Making

Decision Making

What is the Decision ? choice made from available alternatives

What is the Decision ? choice made from available alternatives

What is the decision making? process of identifying problems and opportunities and resolving them

What is the decision making? process of identifying problems and opportunities and resolving them

Tools for Making Decisions • Multivoting • Nominal Group Technique

Tools for Making Decisions • Multivoting • Nominal Group Technique

What Is Multivoting? A group decisionmaking technique used to reduce a long list of

What Is Multivoting? A group decisionmaking technique used to reduce a long list of items to a manageable number by means of a structured series of votes.

Multivoting Reduces long lists of ideas Identifies important items

Multivoting Reduces long lists of ideas Identifies important items

Benefits of Multivoting • Reduces a list • Prioritizes a list • Identifies important

Benefits of Multivoting • Reduces a list • Prioritizes a list • Identifies important items

Assign letter to each item Work from a large list Tally the votes Vote

Assign letter to each item Work from a large list Tally the votes Vote Multivoting Procedures Repeat

What Is Nominal Group Technique A weighted ranking method that allows a group to

What Is Nominal Group Technique A weighted ranking method that allows a group to generate and prioritize a large number of issues within a structure that gives everyone an equal voice.

Nominal Group Technique Generates ideas Prioritizes items

Nominal Group Technique Generates ideas Prioritizes items

Benefits of Using NGT • Reduces the number of issues • All team members

Benefits of Using NGT • Reduces the number of issues • All team members participate • Rank orders items

NGT Parts 1 - Define the Issue and Generate Ideas • Define the issue

NGT Parts 1 - Define the Issue and Generate Ideas • Define the issue • Generate ideas • Collect ideas • Clarify ideas • Combine ideas 2 - Make the Selection • Assign letters to ideas • Rank ideas independently • Collate the rankings • Add the rankings • Rewrite the list in priority order.

Six Steps in the Decision-Making Evaluation and Feedback Implementation of Chosen Alternative Decision. Making

Six Steps in the Decision-Making Evaluation and Feedback Implementation of Chosen Alternative Decision. Making Process Selection of Desired Alternative 13 Recognition of Decision Requirement Diagnosis and Analysis of Causes Development of Alternatives

Summary • The difference between decision and decision making • Tools for decision making

Summary • The difference between decision and decision making • Tools for decision making • What is the Multivoting and its benefits ? • What is the nominal group technique and its benefits ? • The six steps in the decision making