2. Define Decision Making
Importance of Decision Making
Factors in making Decision
Art of Decision Making
Problem in Delayed Decisions.
Decision Making model
Case study
Decision Making without data
Case study
Conclusion
3. The process of selecting a logical
choice from the available options.
Major Life Decisions
GOALS
Develop, Prioritize, attain
CHOICE
Of life style , study & food
habits, hobbies
CAREER
Choice of profession , further study
4. Life is full of choices/decisions
When do we wake up in
morning?
Which dress shall I wear?
Which bus shall I go?
Which film shall I see?
When and what to study?
All are made by selecting
among the various options
5. Our childhood decisions are
mostly taken by parents
Our
education, employment, life
style are all critical stages of
decision making
The critical question is “Are we
take every decision wisely and
consciously by following a
rational approach”
6. Meet our desired objective
Rational, Feasible and desirable
Morally and ethically correct
Best possible among alternatives
Permanent solution
Ability to deal negative impact
Taken at suitable time and right
opportunity
7. Ready to give the prize. We should decide to
sacrifice something in order to get something
8. Decision taken with balanced mind with
rightful objection and without involving
emotions.
9. Deep thinking with the available
data
Decide and execute
Thiruvalluvar says in Kural
467:
"Any task should be started
after a deep thinking,
Reconsidering the decision
later is a disgrace."
10. Prioritize the work
"Delay the actions
which are not
important,
Delay not the
actions which are
urgent."
( Kural 672)
11. Analyze and Ready to face the
consequence of action
Firm in execution
“Soolchi huniveidhal athunivu
Thaalchiyul thangudhal theedhu"
(Thirukural 671)
12. Stand in the middle of opposite
possibilities
Analyse pros and cons of each
available alternative
Proceed with open mind
without any predetermined
assumptions.
13. Belated decision tantamount to wrong
decisions.
Jammu- kashmir leads to great trouble
between India and Pakistan. The king failed to
decide where to annexe the region.
Koodankulam Nuclear Plant. People belatedly
decided to oppose the project.
14. The Decision-Making Model
A six-step process that
when properly utilized
increases chances of
success in decision
making and problem
solving
24. The story given
here is quite
interesting and
really gives us
an insight in to
decision
making
25. A group of children were playing near 2 railway
tracks, one still in use while the other disused. Only one
child played on the disused track, the rest on the
operation track
26. The train came and you were just beside the
track interchange. It was not possible to stop
the train but you could make the train change
its course to the disused track and save most of
the kids
27. However, that would also mean the
lone child playing in the disused
track would be sacrificed. Or would
you rather let the train go way.
Let us take a pause to think what kind
of decision we would make
28. Analyze the
situation
Thick and reflect
Decide
Now go ahead
29. Most people might choose to divert the
course of the train, and sacrifice only one
child.
To save most of the children at the expense
of only one child was rational decision
most people would make morally and
emotionally
30. But, have you ever thought that the child
choosing to play on the disused track had
in fact made the right decision to play at
a safe place.
Nevertheless, he had to be sacrificed
because of his ignorant friends who
choose to play in the used track which is
dangerous.
31. This kind of dilemma happens around us
everyday. In the office community, in politics
and especially in a democratic society the
minority is often sacrificed for the interest of
the majority. No matter how foolish or
ignorant the majority are and how farsighted
and knowledgeable the minority are.
32. The child who choose not to play
with the rest on the operational
track was side lined. And in the
case he was sacrificed, no one
would shed a tear for him
33. To make the proper decision is not try to
change the course of the train because the kids
playing on the operational track should have
known very well that track was still in use and
that they should have run away if they heard
train sirens.
34. Ifthe train was diverted, that lone
child would definitely die because he
never thought the train could make
over to that track.
Notably that track was not in use
probably because it was not safe.
35. Ifthe train was diverted to the unused
track, we would put the lives of all
passengers on board at stake. And in your
attempt to save a few kids by sacrificing
one child, you might end up sacrificing
hundreds of people to save these few kids
36. While we are all aware that life is full of
tough decisions that need to be made, we
may not realize that hasty decisions may
not always be the right one.
Remember that What’s right is not
always popular and what’s popular isn’t
always right.
38. "Imagination leads to creativity
Creativity leads to thinking
Thinking leads to learning
Learning provides knowledge, Knowledge makes you
great”
Abdul kalam
Knowledge leads to self confidence
Self confidence leads to Courage
Courage leads to Decisions
Acquiring knowledge is a continuous process
Decision Making is indispensable part of life.