Decision Making - Revision history

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'''Decision Making''' is the [[Process|process]] of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. This approach increases the chances that you will choose the most satisfying alternative possible.

[[File:Decision_Making_Process.png|500px|Steps in Decision Making]]

*Step 1: Identify the decision: You realize that you need to make a decision. Try to clearly define the nature of the decision you must make. This first step is very important.
*Step 2: Gather relevant information: Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it. This step involves both internal and external “work”. Some information is internal: you’ll seek it through a process of self-assessment. Other information is external: you’ll find it online, in books, from other people, and from other sources. *Step 3: Identify the alternatives: As you collect information, you will probably identify several possible paths of action, or alternatives. You can also use your imagination and additional information to construct new alternatives. In this step, you will list all possible and desirable alternatives.
*Step 4: Weigh the evidence: Draw on your information and emotions to imagine what it would be like if you carried out each of the alternatives to the end. Evaluate whether the need identified in Step 1 would be met or resolved through the use of each alternative. As you go through this difficult internal process, you’ll begin to favor certain alternatives: those that seem to have a higher potential for reaching your goal. Finally, place the alternatives in a priority order, based upon your own value system.
*Step 5: Choose among alternatives: Once you have weighed all the evidence, you are ready to select the alternative that seems to be the best one for you. You may even choose a combination of alternatives. Your choice in Step 5 may very likely be the same or similar to the alternative you placed at the top of your list at the end of Step 4.
*Step 6: Take action: You’re now ready to take some positive action by beginning to implement the alternative you chose in Step 5.
*Step 7: Review your decision & its consequences In this final step, consider the results of your decision and evaluate whether or not it has resolved the need you identified in Step 1. If the decision has not met the identified need, you may want to repeat certain steps of the process to make a new decision. For example, you might want to gather more detailed or somewhat different information or explore additional alternatives.<ref>Seven Steps to a Decision Making Process [https://www.umassd.edu/media/umassdartmouth/fycm/decision_making_process.pdf UMass Dartmouth]</ref>

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 ===See Also===
 [[Decision Matrix]]<br />
 [[Decision Model]]<br />
 [[Decision Theory]]<br />
 [[Decision Tree]]<br />
 ===References===
 <references/>

← Older revision		Revision as of 22:26, 1 December 2022
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−	'''Decision Making''' is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. This approach increases the chances that you will choose the most satisfying alternative possible.	+	'''Decision-Making''' is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. This approach increases the chances that you will choose the most satisfying alternative possible.

← Older revision		Revision as of 20:15, 18 February 2021
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	*Step 6: Take action: You’re now ready to take some positive action by beginning to implement the alternative you chose in Step 5.		*Step 6: Take action: You’re now ready to take some positive action by beginning to implement the alternative you chose in Step 5.
	*Step 7: Review your decision & its consequences In this final step, consider the results of your decision and evaluate whether or not it has resolved the need you identified in Step 1. If the decision has not met the identified need, you may want to repeat certain steps of the process to make a new decision. For example, you might want to gather more detailed or somewhat different information or explore additional alternatives.<ref>Seven Steps to a Decision Making Process [https://www.umassd.edu/media/umassdartmouth/fycm/decision_making_process.pdf UMass Dartmouth]</ref>		*Step 7: Review your decision & its consequences In this final step, consider the results of your decision and evaluate whether or not it has resolved the need you identified in Step 1. If the decision has not met the identified need, you may want to repeat certain steps of the process to make a new decision. For example, you might want to gather more detailed or somewhat different information or explore additional alternatives.<ref>Seven Steps to a Decision Making Process [https://www.umassd.edu/media/umassdartmouth/fycm/decision_making_process.pdf UMass Dartmouth]</ref>
		+
		+
		+	===See Also===
		+	[[Decision Matrix]]<br />
		+	[[Decision Engineering]]<br />
		+	[[Decision Model]]<br />
		+	[[Decision Theory]]<br />
		+	[[Decision Tree]]<br />
		+
		+
		+	===References===
		+	<references/>

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-'''Decision Making''' is the [[Process|process]] of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. This approach increases the chances that you will choose the most satisfying alternative possible.
+'''Decision Making''' is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. This approach increases the chances that you will choose the most satisfying alternative possible.
@@ Line 6: / Line 6: @@
 *Step 1: Identify the decision: You realize that you need to make a decision. Try to clearly define the nature of the decision you must make. This first step is very important.
-*Step 2: Gather relevant information: Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it. This step involves both internal and external “work”. Some information is internal: you’ll seek it through a process of self-assessment. Other information is external: you’ll find it online, in books, from other people, and from other sources. *Step 3: Identify the alternatives: As you collect information, you will probably identify several possible paths of action, or alternatives. You can also use your imagination and additional information to construct new alternatives. In this step, you will list all possible and desirable alternatives.
+*Step 2: Gather relevant information: Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it. This step involves both internal and external “work”. Some information is internal: you’ll seek it through a process of self-assessment. Other information is external: you’ll find it online, in books, from other people, and from other sources. *Step 3: Identify the alternatives: As you collect information, you will probably identify several possible paths of action or alternatives. You can also use your imagination and additional information to construct new alternatives. In this step, you will list all possible and desirable alternatives.
-*Step 4: Weigh the evidence: Draw on your information and emotions to imagine what it would be like if you carried out each of the alternatives to the end. Evaluate whether the need identified in Step 1 would be met or resolved through the use of each alternative. As you go through this difficult internal process, you’ll begin to favor certain alternatives: those that seem to have a higher potential for reaching your goal. Finally, place the alternatives in a priority order, based upon your own value system.
+*Step 4: Weigh the evidence: Draw on your information and emotions to imagine what it would be like if you carried out each of the alternatives to the end. Evaluate whether the need identified in Step 1 would be met or resolved through the use of each alternative. As you go through this difficult internal process, you’ll begin to favor certain alternatives: those that seem to have a higher potential for reaching your goal. Finally, place the alternatives in priority order, based on your own value system.
 *Step 5: Choose among alternatives: Once you have weighed all the evidence, you are ready to select the alternative that seems to be the best one for you. You may even choose a combination of alternatives. Your choice in Step 5 may very likely be the same or similar to the alternative you placed at the top of your list at the end of Step 4.
 *Step 6: Take action: You’re now ready to take some positive action by beginning to implement the alternative you chose in Step 5.