what are the steps involved in effective decision making?
576052
['Step 1: Identify the decision. You realize that you need to make a decision. ... ', 'Step 2: Gather relevant information. ... ', 'Step 3: Identify the alternatives. ... ', '7 STEPS TO EFFECTIVE.', 'Step 4: Weigh the evidence. ... ', 'Step 5: Choose among alternatives. ... ', 'Step 6: Take action. ... ', 'Step 7: Review your decision & its consequences.']
770642
Consumer Decision-Making Process. The consumer decision-making process consists of five steps, which are need recognition, information search, evaluations of alternatives, purchase and post-purchase behavior. These steps can be a guide for marketers to understand and communicate effectively to consumers.
1263227
['Identify the problem.', 'Search for alternatives.', 'Weigh the alternatives.', 'Make a choice.', 'Implement the choice.', 'Evaluate the results and, if necessary, start the process again.']
64564
['Identify Each of Your Options. The first step is to identify each of the options before you. ... ', 'Forecast Potential Outcomes for Each Option. ... ', 'Thoroughly Analyze Each Potential Result. ... ', 'Optimize Your Actions Accordingly.']
1432014
['Identify the decision to be made.', 'Gather relevant information.', 'Identify alternatives.', 'Weigh evidence.', 'Choose among alternatives.', 'Take action.', 'Review decision and consequences.']
496613
['Types of Decision Problem and Applications of Decision Support and Analysis.', 'unstructured, long time spans of discretion.', 'very structured, short time spans of discretion.', 'Operational, structured decision making.', 'Strategic, unstructured decision making.', 'Instinctive, (rehearsed?) decision making.']
1361432
The rational decision-making model has important lessons for decision makers. First, when making a decision you may want to make sure that you establish your decision criteria before you search for all alternatives. This would prevent you from liking one option too much and setting your criteria accordingly.
1435553
['Decision-making triage. This first stage prompts you to sort decisions into one of three categories based on business impact: ... ', "Communication. The second stage helps foster commitment to the decision even when consensus isn't possible. ... ", 'Analysis.']
1458482
['Define the Problem. state the underlying problem that needs to be solved.', 'Identify the choices. state out the alternatives available for that particular situation.', 'Evaluate the choices. find out the advantages and disadvantages of each option.', 'Make the decision. ... ', 'Act on one choice. ... ', 'Review your decision.']
596475
['1st Step. Define The Problem.', '2nd Step. Gather Information And Resources.', '3rd Step. List Options.', '4th Step. Weigh And Compare Options.', '5th Step. Make A Decision.', '6th Step. Make A Plan Of Action.', '7th Step. Evaluate The Decision.']
1037092
['Define the problem. Differentiate fact from opinion. ... ', 'Generate alternative solutions. Postpone evaluating alternatives initially. ... ', 'Evaluate and select an alternative. Evaluate alternatives relative to a target standard. ... ', 'Implement and follow up on the solution.']
510830
['Explain your thought process. ... ', 'Offer an example of a decision you made. ... ', 'Use facts to back up your answer. ... ', 'Deliver your answer confidently.']
396854
['Define the problem.', 'Identify the decision criteria.', 'Allocate weights to the criteria.', 'Develop the alternatives.', 'Evaluate the alternatives.', 'Select the best alternative.']
800793
["Step 1: Decide on the 'Terms of reference'", 'Step 2: Decide on the procedure.', 'Step 3: Find the information.', 'Step 4: Decide on the structure.', 'Step 5: Draft the first part of your report.', 'Step 6: Analyse your findings and draw conclusions.', 'Step 7: Make recommendations.']
948425
['Affinity diagrams. Key use: brainstorming/mind mapping. ... ', 'Analytic hierarchy process (AHP) Key use: complex decisions. ... ', 'Conjoint analysis. ... ', 'Cost/benefit analysis. ... ', 'Decision making trees. ... ', 'Game theory. ... ', 'Heuristic methods. ... ', 'Influence diagrams approach (IDA)']
377445
['Determine the extent of information needed.', 'Access the needed information effectively and efficiently.', 'Evaluate information and its sources critically.', "Incorporate selected information into one's knowledge base.", 'Use information effectively to accomplish a specific purpose.']
180567
['Recognize the problem.', 'Develop product specifications to solve the problem.', 'Search for and evaluate possible products and suppliers.', 'Select product and supplier and order product.', 'Evaluate product and supplier performance.']