powerpoint presentation on decision making

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20+ Best Decision Making PowerPoint Templates PPT Slides Presentations for 2024

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Making decisions is a necessary part of any business. However, making the wrong decision can be disastrous. In this blog post, we will explore the essential factors you should consider when making a decision and some of the best decision making PowerPoint templates you can buy and get started with editing instantly. We will also look at some techniques that can help you make better decisions. By understanding these factors and techniques and having a professional PPT template , you can improve your chances of making sound decisions that benefit your business.

Introduction: What is Decision Making?

Decision making is an essential skill in the business world. Whether you’re a CEO or an entry-level employee, you’ll need to be able to make decisions quickly and confidently. But what exactly is decision making? In general, decision making is the process of choosing between two or more courses of action . This can be anything from deciding which product to buy to choosing which strategy to use in a business situation. Of course, not all decisions are created equal. Some decisions are relatively simple, while others can be quite complex. Likewise, some decisions are made on an individual basis, while others must be made by a group. Regardless of the situation, all decisions require careful thought and consideration. The best way to approach a decision is to first gather all relevant information. Next, weigh the pros and cons of each option before finally choosing the course of action that you believe is best. By taking the time to think through your options, you’ll be able to make better decisions and achieve better results.

How to Make Decisions?

Decisions, whether big or small, are a part of everyday life. But how does one go about making a decision? While there is no sure-fire formula, there are a few steps that can help to make the process easier. First, it is important to gather all of the relevant information. This means doing your research and consulting with experts if necessary. Once you have all of the facts, it is time to start weighing the pros and cons. Consider all of the possible outcomes and decide which option is best for you. Finally, trust your gut. Go with your instinct and choose the option that feels right for you. Making decisions can be difficult, but following these steps can help to make the process a little simpler .

How Good Is Your Decision Making (How to Make Right Decisions)?

Most people like to think that they are good decision makers. However, the reality is that many of us are not as good at making decisions as we think we are. There are a number of reasons why this is the case. First, we often allow our emotions to influence our decisions. This can lead us to make choices that are not in our best interest. Second, we may also let other people’s opinions guide our decisions. This can be especially true if we value the opinion of someone who is perceived as an expert. Finally, we may also tend to make decisions based on past experience. While this can sometimes be helpful, it can also lead us to repeat mistakes or make poor choices when circumstances have changed. The next time you need to make a decision, take a moment to pause and consider all of the factors involved. This will help you to make better choices and avoid costly mistakes.

Best Decision Making PowerPoint Templates from SlideSalad:

Few people enjoy making decisions. It can be especially difficult when you have to make a presentation to a group about your decision. But with the right PowerPoint template , you can make the process a little easier. These templates have everything you need to lay out your options and make your case. And because they’re specifically designed for decision making, they include all the essential elements, like weighting criteria and pro/con lists. So, if you’re looking for a way to make the decision making process easier , start with one of these templates. You’ll be glad you did.

1. Decision Making Unit PowerPoint Template Diagrams – Learn More About the Involvement DMU in the Buyer Decision Process

A decision making unit (DMU) is a group of individuals within an organization who are responsible for making decisions about a particular product or service. The DMU may include people from different departments or levels of the organization (initiators, gatekeepers, buyers, deciders, users, and influencers), and it may change over time as the needs of the organization change. The DMU is important because it helps to ensure that all stakeholders have a say in the decision-making process . In addition, the DMU can help to identify potential problems and opportunities early on, which can save the organization time and money in the long run. Ultimately, the goal of the DMU is to make sure that decisions are made in a way that is best for the organization as a whole.

2. OODA Loop PowerPoint Template Diagrams – Comprehensive Approach to Observe, Orient, Decide, Act Loop

The OODA Loop is a decision-making model created by military strategist and fighter pilot John Boyd. It consists of four steps:  Observe, Orient, Decide, and Act . The loop is intended to be repeated continuously, allowing the individual to rapidly adapt to changes in their environment.

• The first step, Observe, involves gathering information about the situation.
• The second step, Orient, involves processing the information and determining a course of action.
• The third step, Decide, involves making a decision based on the information gathered and the desired outcome.
• The fourth and final step, Act, involves taking action based on the decision made in the previous step.

The OODA Loop is a powerful tool that can be used in a variety of situations, from military combat to business strategy. When used effectively, it can help individuals gain a competitive advantage by allowing them to rapidly adapt to changes in their environment.

3. RAPID Decision Making Model PowerPoint Template – Best Way to Give Organizations a Clearer Way to Make Decisions

RAPID is an acronym for Recommend, Agree, Perform, Input, Decide . It is a decision-making model that can be used in a variety of situations, from personal to professional. The RAPID model helps to structure the decision-making process so that it is efficient and effective.

The first step in the RAPID model is to Recommend. In this step, individuals or groups identify potential options or solutions to a problem. Once options have been identified, they are then Agreed upon by the relevant parties. Once an agreement has been reached, it is time to Perform. This is the implementation stage, where the agreed-upon option is put into action.

After the option has been performed, there is a period of Input. This is when feedback is collected from those involved in the decision-making process. Based on this feedback, a decision is made as to whether or not the original option was successful. If it is not successful, the process begins again at the Recommendation stage. If it is successful, the decision is finalized and implemented permanently.

The RAPID model is a helpful tool for making decisions quickly and effectively. Buy this best fully customizable PowerPoint template today and start customizing!

4. TDODAR Decision Making Model PowerPoint Template – Explore the Six Sequential Steps to Make Decisions for Managers

The TDODAR model is a structured approach to decision making that can be applied to both simple and complex problems. It is an acronym stands for Time, Diagnosis, Options, Decide, Assign, and Review . The model can be used in any situation where a decision needs to be made, and it is particularly useful for addressing problems that are time-sensitive or that have multiple stakeholders. The first step is to identify the problem and establish a timeline for making a decision. Next, all relevant information must be gathered and analyzed. Once the options have been identified, a decision must be made. The next step is to assign responsibility for implementing the decision, and finally, the results should be reviewed to ensure that the desired outcome has been achieved. The TDODAR model is a useful tool for making sound decisions in a variety of situations. It can help individuals or groups to overcome bias and make decisions that are based on rational analysis .

5. Vroom Yetton Jago Decision Model PowerPoint Template – Recommended Leadership Theory for Decision Makers to Make Decisions

The Vroom Yetton Jago Decision Model (VYJD) is a tool that helps organizations to decide how best to make decisions. The model was developed by Victor Vroom and Philip Yetton in 1973  and later expanded upon by Paul Jago in 1991 . The model is based on the premise that there are different types of decision-making, each of which requires a different approach. The model provides a framework for understanding the different types of decisions and for choosing the most appropriate approach for each situation. The model has been found to be particularly useful in organizations where decision-making is complex and involves multiple stakeholders . While the model has its critics, it continues to be popular among scholars and practitioners alike.

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6. Hoy-Tarter Decision-Making Model PowerPoint Template – Complete PPT Model to Help Managers in Choosing the Right Team Members

The Hoy-Tarter Decision-Making Model is a framework for making ethical decisions. This model was developed by psychologists Nancy Hoy and Irene Tarter in 2008 , in order to better understand how people make decisions.

The model consists of four steps:

• Factual Analysis
• Value Clarification
• Action Planning
• Implementation

The first step, factual analysis, involves gathering information about the problem or situation. The second step, value clarification, involves identifying one’s values and principles that will guide the decision-making process. The third step, action planning, involves developing a plan of action based on the values and principles identified in the previous step. The fourth and final step, implementation, involves taking action and following through with the plan.

The Hoy-Tarter Decision-Making Model is an effective tool for making ethical decisions because it forces the individual to consider all relevant information and values before making a decision.

7. Decision Matrix Analysis PowerPoint Template – Most Helpful PowerPoint Examples to Illustrate the Method to Find the Right Decision

Decision matrix analysis is a tool used to help make complex decisions. The analysis involves creating a matrix, or grid, with different factors that need to be considered in the decision-making process. Each factor is assigned a numerical value, and the various options are then evaluated based on these values. The goal of decision matrix analysis is to identify the option that will provide the best overall outcome. This method can be used in a variety of situations, from choosing a new car to making investment decisions. While it can be helpful in simplifying complex choices, it is important to remember that the final decision should always be made based on your own individual needs and preferences. This awesome PowerPoint template is good for leaders , managers, stakeholders, investors, and other organization decision-makers.

8. Decision Making Styles PowerPoint Template – Creative PowerPoint Theme Layouts for Implementing Inactive, Reactive, and Proactive Strategies

Decision making styles refer to the way individuals go about making choices. The three most common styles are inactive, reactive, and proactive.

• Inactive decision makers  tend to avoid making choices altogether, instead opting to let others take charge.
• Reactive decision makers  wait for things to happen before taking action, often resulting in them being caught off-guard by events.
• Proactive decision makers , on the other hand, are always looking for ways to improve their situation and take action accordingly.

While all three styles have their own advantages and disadvantages, proactive decision making is generally considered to be the most effective. This is because it allows individuals to anticipate problems and take steps to avoid them, rather than simply reacting after the fact .

9. CODM Model PowerPoint Template – Make Better Group Decisions using This Premium PPT Presentation Template Designs

The CODM model is a decision-making tool that focuses on building consensus among group members. It was  developed by psychologist Dr. Tim Hartnett and published in his 2010 book “Consensus Oriented Decision Making.”  The model begins with the assumption that there is no one “correct” answer to a problem, but that the best solution can be found through discussion and agreement among group members.

To reach consensus, CODM recommends a four-step process:

• Clarifying the issue at hand
• Generating creative solutions
• Evaluating the pros and cons of each solution
• Reaching agreement on the best course of action

While it can be used in any decision-making situation, CODM is particularly well suited for addressing complex issues that require input from multiple stakeholders . By facilitating open dialogue and encouraging all voices to be heard, CODM helps groups reach a consensus on even the most thorny of problems.

10. CATWOE Analysis PowerPoint Template Diagrams – Find out What the Businesses are Trying to Achieve using Amazing Presentation Theme

The CATWOE technique is a problem-solving method that can be used to help understand complex issues.

It was developed by David Smyth in 1975 and is based on 6 elements:

• C – Customers
• A – Actors
• T – Transformation Process
• W – Worldview
• O – Owners
• E – Environmental Constraints

The acronym CATWOE can be used to remember these elements. By understanding all of the factors involved in a problem, it can be easier to find a solution that will work for all parties involved. This technique can be applied to both personal and professional problems. In business, for example, CATWOE analysis can be used to identify potential risks and opportunities associated with a new product or service. By taking the time to understand all of the elements involved in a problem, it is possible to find creative and effective solutions. Purchase and download this best image layouts PPT presentation theme for your next CATWOE presentation.

11. ORAPAPA Theory PowerPoint Template – Perfect Modern Presentation Slides to Prepare a Comprehensive Decision-Making Checklist

ORAPAPA Theory is an acronym that stands for Opportunities, Risks, Alternatives and improvements, Past experience, Analysis, People, and Alignment . It is a decision-making framework that can be used to assess the potential of a proposed course of action. The theory is based on the premise that all decision-makers weigh opportunities against risks when making choices. ORAPAPA provides a structured way to identify and assess these factors. It also takes into account past experience and other relevant information, such as the opinions of stakeholders. By using this comprehensive approach, decision-makers can develop a clear understanding of the pros and cons of a proposed course of action. This allows them to make informed decisions that are aligned with the goals of the organization. Instead of downloading some of the free PowerPoint templates , buy this professional PPT template .

12. The Ladder of Inference PowerPoint Template Diagrams – All in One Decision Making Tool to Make Decisions Based on the Reality

The Ladder of Inference is a framework for understanding how we arrive at our conclusions. It was developed by Chris Argyris in 1970 and has since been widely used in business and academics. The Ladder of Inference consists of seven steps, each of which represents a different stage in the process of reaching a conclusion. These steps are:

The seven steps of the Ladder of Inference are:

• Experiences / Observations / Reality
• Filtering / Selected Reality
• Meaning / Interpretation
• Assumptions
• Conclusions

By understanding how we move through each of these steps, we can begin to see how our conclusions are often based on limited information and may not be entirely accurate. Additionally, the Ladder of Inference can help us to identify when we need to gather more information before making a decision. Ultimately, the Ladder of Inference is a valuable tool for improving our critical thinking skills.

13. The Cynefin Framework PowerPoint Template Diagrams – Well-Organized Conceptual Framework Utilized to Aid Decision-Making

The Cynefin Framework is a framework for situational awareness and decision making created by David Snowden in 1999 . It divides the world into five domains:

• Complicated

The framework is intended to help individuals and organizations make sense of their situations and choose appropriate responses. In the Obvious domain, cause and effect are clear and predictable. In the Complicated domain, cause and effect are unclear but can be analyzed with existing knowledge. In the Complex domain, cause and effect are unclear and cannot be analyzed with existing knowledge. In the Chaotic domain, cause and effect are unpredictable. And in the Disorder domain, there is no agreed-upon framework for understanding or responding to the situation. The Cynefin Framework has been used by organizations such as IBM, NASA, and the United States military .

14. BATNA Negotiation Framework PowerPoint Template Diagrams – Cool PPT Template to Execute an Effective Alternative to a Negotiated Agreement

The Best Alternative to a Negotiated Agreement , or BATNA, is a negotiation strategy that suggests that each party to a negotiation should identify and assess their best possible outcome if an agreement cannot be reached. The BATNA framework was first popularized by Roger Fisher and William Ury in their 1981 book, Getting to Yes . The idea behind the BATNA approach is that by understanding their best possible outcome, negotiators will be better equipped to reach a satisfactory agreement. In practice, the BATNA negotiation strategy can be used to help parties assess their options, set objectives, and improve their negotiating position. While the BATNA approach is not without its critics, it remains a popular tool for negotiators around the world. If you are looking for the best infographic PowerPoint template that illustrates the BATNA Negotiation Framework, then buy this beautiful template today !

15. Recognition-Primed Decision Model PowerPoint Template – Showcase Your Team using Corporate Microsoft PowerPoint How People Make Quick Decisions During Complex Situations

The Recognition-primed Decision (RPD) Model was developed by Gary Klein, Roberta Calderwood, and Anne Clinton-Cirocco in the late 1980s. It is a decision-making model that is based on the recognition of patterns. Essentially, when presented with a problem, the decision-maker uses their knowledge and experience to recognize a similar pattern. They then generate possible solutions and select the one that they believe will be most successful. The RPD model has been found to be particularly effective in complex and dynamic environments. It has been used in a variety of fields, including military planning, emergency response, and business strategy. The template comes with a handful of unique slides, unlimited color schemes, fully editable infographics, thousands of resizable vector icons, smart art, image placeholders, stunning objects, free fonts, and two display resolutions of 4:3 and 16:3. You can also save this template on OneDrive or Google Drive, accessing it anytime!

16. Prospect Theory PowerPoint Template Diagrams – Stunning PPT Slides that Explain Behavioural Economics and Behavioural Finance

Prospect theory is a decision-making framework that accounts for how people choose between different options when presented with possible gains or losses. Developed by psychologists Daniel Kahneman and Amos Tversky in 1979, prospect theory has been found to be a more accurate predictor of decision-making than the traditional model of rationality.

The key components of prospect theory are:

• The Certainty Effect
• The Isolation Effect
• Loss Aversion

The certainty effect posits that people are more risk-averse when faced with certain losses than when facing uncertain losses. The isolation effect posits that people tend to focus on the potential gain or loss associated with a single option rather than considering all of the possible outcomes. Finally, loss aversion posits that people are more likely to avoid losses than to seek gains. Together, these three principles help to explain why people often make suboptimal decisions when faced with complex choices. We highly recommend buying this diagram presentation template for presenting a data focused minimalist PPT presentation .

17. Futures Wheel PowerPoint Template Diagrams – Minimalist PowerPoint Layouts for Presenting Direct and Indirect Consequences of Decision Making

The Futures Wheel is a powerful tool that can be used to visualize change, identify trends, and track developments over time. Invented by American scientist Jerome C. Glenn in 1971 , the Futures Wheel has been used by businesses, governments, and organizations around the world to help them make better decisions about the future.

The Futures Wheel is based on the idea of change happening in cycles. By tracking changes over time, you can identify patterns and trends that can help you make better decisions about the future. The Futures Wheel can be used to track any kind of change, from economic indicators to social trends .

To use the Futures Wheel, you first need to identify the different factors that are affecting change. These factors can be internal (such as changes in your company’s product line) or external (such as changes in the global economy). Once you have identified the different factors, you can start to track them on the Futures Wheel. This multipurpose PPT template includes everything you need to create a stunning presentation about the future, including a professionally designed PowerPoint template slides , clipart, and icons. With this creative PowerPoint template , you can easily present your ideas about the future in a visually appealing way.

18. Six Thinking Hats PowerPoint Template Diagrams – Top-Selling Presentation Template for Showcasing the Examples of Parallel Thinking

Six Thinking Hats is a framework for thinking and decision-making created by Edward de Bono. It provides a structured approach to exploring different points of view and can be used in both individual and group settings. The technique is based on the idea that the brain can think more effectively if it focuses on one type of thought at a time, rather than trying to consider all aspects of a problem simultaneously.

The six hats represent six different types of thinking:

• White hat thinking is focused on facts and data.
• Red hat thinking is focused on emotions and feelings.
• Black hat thinking is focused on caution and risk.
• Yellow hat thinking is focused on benefits and opportunities.
• Green hat thinking is focused on creativity and new ideas.
• Blue hat thinking is focused on process and organization.

By focusing on one type of thought at a time, the brain can avoid getting overloaded with information and can make better decisions.

19. Force Field Analysis PowerPoint Template Diagrams – Well-Structured Powerful Strategic Tool to Help Organizations to Take Decisions

Force Field Analysis is a technique that can be used to identify and understand the factors (forces) that influence a situation. It was originally developed by Kurt Lewin (1951) as a way of understanding social situations and has since been adapted for use in a variety of settings. The basic idea is that every situation is influenced by two kinds of forces: those that tend to drive change and those that tend to resist it. Change only happens when the driving forces are strong enough to overcome the resistance. In order to make change happen, then, it is necessary to understand what the forces are and how they are interacting with each other. Only then can steps be taken to increase the driving forces or reduce the resistance. Force Field Analysis can be a helpful tool in problem-solving and decision-making, as it provides a systematic way of identifying all of the relevant factors and understanding their impact on the situation. You can also check some of the best change management PowerPoint templates available on SlideSalad.

20. The Stepladder Technique PowerPoint Template Diagrams – Elegant Presentation Design Examples to Overcome the Problems of Team Decision Making

The Stepladder Technique is a problem-solving tool that was first developed by Steven Rogelberg, Janet Barnes-Farrell, and Charles Lowe in 1992 . It is a structured approach that can be used to generate creative solutions to challenges.

• The first step is to explain the problem to the group.
• The second step is to build a ladder, with each rung representing a possible solution.
• The third step is to continue the process, with each person adding new ideas to the ladder.
• The fourth step is to complete the ladder, with all potential solutions brainstormed.
• Finally, a decision is made about which solution to implement.

The technique involves bringing together a small group of people who are familiar with the problem at hand. Each person is given the opportunity to share their ideas and perspectives on the issue. The group then builds a “ladder” of potential solutions, with each successive rung being more innovative than the last. The process is continued until the group reaches a consensus on the best solution to the problem. This technique can be used with groups of all sizes and is especially useful for problems that require out-of-the-box thinking. If needed, you can try some of our premium Google Slides themes and premium Keynote templates .

21. Risk Matrix Diagrams PowerPoint Template Designs – Download the PPT Template About the Best Project Management Tool Used for Risk Evaluation

A Risk Matrix helps businesses evaluate and prioritize risks by taking into account the severity of their impact and the likelihood of them occurring. By understanding which risks are more likely to have a negative impact, businesses can make informed decisions about how to mitigate or avoid them. A risk matrix is a visual tool that can be used to quickly identify and assess risks. It is typically divided into four quadrants, with each quadrant representing a different level of risk. The most severe risks are typically found in the upper-left quadrant, while the less severe risks are found in the lower-right quadrant. By understanding where each risk falls on the matrix, businesses can develop an effective strategy for managing them. Purchase and get these modern PowerPoint template slide layouts today!

22. Brainstorming Decision Making PowerPoint Templates Designs – Improve the Ideas and Solutions of Your Team with Compelling Premium PowerPoint Presentation Template

Brainstorming decision making is a process that is used to generate a variety of ideas or solutions to a problem. It is typically done with a group of people, in order to encourage creativity and collaboration. The brainstorming process often begins with a statement of the problem or challenge that needs to be addressed. Once the problem has been clearly defined, participants will begin to generate ideas. These ideas can be generated through discussion, free writing, or any other method that encourages creative thinking. Once a variety of ideas have been generated, the group will then evaluate each idea and decide which is the best solution to the problem at hand. Brainstorming decision making is an effective way to solve problems, as it allows for a wide range of ideas to be considered and evaluated. This comprehensive decision making PPT template includes many dedicated topics such as Ansoff’s Growth Matrix, Stakeholder Analysis Map, Agile Retrospectives, SWOT, Impact Effort Matrix Template, RAID Log Report, Urgent Important Matrix, Perceptual Maps, Risk Assessment, Mind Maps, the Business Model Canvas, Pros and Cons Chart, and more.

23. Decision Trees Diagrams PowerPoint Presentation Template – The Most Influential and Widespread Tool for Classification and Forecast in Decision Making

A decision tree is a graphical representation of possible solutions to a problem, where each branch represents a possible decision, and the leaves represent the results of those decisions. The goal of a decision tree is to find the best solution to a problem, given a set of constraints. The Decision Trees Diagrams PowerPoint Template is a tool that can help you create high-quality decision trees . The template includes pre-designed unique slides that you can use to easily create professional-looking decision trees. The template also includes a variety of shapes and icons that you can use to represent different decisions and options. In addition, the template comes with a built-in library of sample decision trees that you can use for inspiration. With the Decision Trees Diagrams PowerPoint Template, creating high-quality decision trees is quick and easy .

Conclusion: Why You Need a Professional PowerPoint Template for Decision Making Presentations

When it comes to making decisions, Microsoft PowerPoint is a powerful tool. Not only does it help you to organize your thoughts and present your ideas in a clear and concise way, but it also allows you to engage your audience and solicit feedback. However, with so many different free PPT templates and designs available, it can be hard to know where to start. To help you out, we’ve compiled a list of the best decision making PowerPoint templates . Whether you’re looking for something simple and elegant or something more fun and interactive, we’ve got you covered. So what are you waiting for? Start making better decisions today with one of these great PowerPoint templates.

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Decision Making PowerPoint Templates

Download decision making PowerPoint templates and slide designs that you can use to make presentations on business decisions. Under this category you can find affordable decision making slide designs including popular decision trees, phone tree diagrams or other business-decision trees to make presentations showing the results of a root-cause analysis or the use of problem solving techniques.

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4-Step Swimlane PowerPoint Template

The Decision Making PowerPoint templates gallery groups the business presentation templates with the purpose of: a-explaining decision making processes, b-present decision making exercises or analysis, c-present decision making frameworks and models. The SlideModel templates for decision making are designed to help users present topics related to decision-making in management, development, training, and other areas.

The Decision Making templates are a collection of creative designs with decision making diagrams, models, tools, and charts. You can navigate through the gallery designs and choose the best fit decision-making presentation. Editable slides of decision making PowerPoint gives an advantage of personalizing templates and impressing the audience. You will find a range of decision-making concept diagrams and illustrations in our decision making PowerPoint catalog.

What is Decision Making?

Decision-making is a process of selecting the most effective course of action from two or more alternatives to get desired results. It is a reasoning process based on facts, figures, preferences, or beliefs of the decision maker (person or group). For the most part, the decision making involves analysis of alternative solutions as per the evaluation criteria.

The ability to make good and timely decisions is essential in life situations. In terms of business, decision making skills are crucial for effective management of teams and organizations. It is an integral part of business management and a key to good governance. The best results come from planning your decision making approach.

For decisions to take place, an objective or expected outcome must be established as well as the input scenario. The different decision making processes generate paths from inputs to outcomes using different analysis techniques Formalizing the decision making processes help managers to improve over time and be able to share with peers the reasoning behind decisions.

What is a Decision Making PowerPoint template?

The PowerPoint templates not only help you visualize an approach for “decision making process”, but it also helps you organize and materialize the thought process.

SlideModel provides decision making powerpoint templates with different purposes. Ranging from model diagrams to explain specific decision making frameworks to presentations themes designed to explain decision making conclusions.

The decision making PowerPoint templates are diagrams, models, and graphics to give an in-depth explanation of the topic. The graphics let the audience retain information longer with relevant visual aid. You can choose the diagram template that goes well with your decision making process.

How can a Decision Making PowerPoint template be used in a presentation?

The PowerPoint templates can be used during different stages of the decision-making process.

Educational or Informational Approach

The editable templates for problem-solving and decision-making techniques let users customize slides according to their decision making process. If you are a teacher, business leader, manager, or business analyst, the decision making diagram templates are a must-have collection for you.

Execution Approach

The execution of a decision making process has several stages. When explaining long and complex decision making processes the presenter can use different PowerPoint templates to achieve its communication objective. First, the main theme, in order to create a cohesive presentation, the user will select a general-purpose template. Second, the initial stage of the process is selecting the decision making framework to apply. The presenter will use the models templates and include the one selected. Third, each decision making process has steps, the presenter will provide a high-level description of the action and variables evaluated in each process step. Finally, the process generates decision paths and outcomes. The presenter will probably use decision trees or other structures to explain the analysis.

Why has decision making become necessary

Save time and resources: With proper decision-making skills, the business resources can be used efficiently and cost-effectively. If you follow a logical sequence, you will waste less time and make use of the right resources at the right time.

Motivational factor: When an objective is defined, requirements are clear, and a plan is available, people do things faster. With completing tasks comes the sense of accomplishment that motivates teams to do more and better.

Prevent conflicts: When the team does not know which solution or approach they are being led in, it can create a conflict at the workplace. The decision making skills of managers show the right way to do things. It prevents them from arguing over ideas or projects.

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10 Best PowerPoint Templates for Presenting Decision-Making Models

Decision-making is an intricate process that involves choosing the best alternative from the available ones, taking into account and balancing both intellectual and emotional factors. To reduce the complexity of the process and help individuals and teams make effective decisions, several decision-making models have been proposed. These models guide how to choose the right course of action in a particular situation.

You can educate your audience about these models and facilitate high-quality decision-making using pre-designed PowerPoint templates. You will get many templates online; however, in this article, we have listed the top 10 decks that are 100% customizable and reduce your presentation creation time and effort. Let’s take a look!

Templates for Delivering Amazing Presentations on Decision-Making Models

1. rapid decision-making model.

Using this template, you can explain the RAPID (Recommend, Agree, Perform, Input, and Decide) model of decision-making. You can clarify who will be responsible for providing inputs, shaping and making the decision, and carrying out or executing the decision once it is taken/made. You can further explain how this model helps foster clarity and accountability, empowering organizations to broaden the scope of decision-making and involve clients, business partners, internal teams, and other relevant stakeholders in the process. 

2. Vroom Yetton Decision-Making Model

This template lets you explain the Vroom Yetton Decision-Making Model, which highlights three crucial factors (i.e., decision quality, time constraints, and team commitment) to consider while choosing the best alternative. You can also showcase and describe 5 style guides, i.e., Autocratic Type 1, Autocratic Type 2, Consultative Type 1, Consultative Type 2, and Group-based Type 2, that help groups make apt decisions based on the level of subordinates’ involvement and situation.

3. Carnegie Model of Decision-Making

Leveraging this template, you can educate the audience about the model that helps make decisions in uncertain (limited information and other constraints) and conflicting situations (diverse opinions, goals, experiences, and values). You can explain how this model assists decision-makers in forming coalitions and achieving the maximum problem consensus. Further, you can explain the applicability of this model in creating decisions where time is limited and chaos is prevalent among the team/group. 

4. Data-Driven Decision-Making

This pre-designed template is the best pick to educate the audience about the model that facilitates decision-making based on data, metrics, and facts. You can also explain how this model helps guide business strategies, improve operational efficiency and agility, and enhance overall performance. Additionally, you can represent the steps involved in this decision-making model.

5. Rational Decision-Making

This 100% editable template is the best visual aid to present the stepwise process of making rational and logical decisions leveraging objective knowledge. You can explain how this model focuses on evaluating risks, costs, and benefits associated with each option. You can further highlight the problems, assumptions, and limitations of this model. The spellbinding design of this deck will enthrall your audience and keep them engaged throughout the presentation.

6. Evidence-Based Decision-Making

Explain to your audience the decision-making model that considers qualitative and quantitative data, rather than instinct or guesswork, for choosing the best alternative. You can showcase the sources of evidence for making well-informed decisions. Moreover, you can describe the application of this model in healthcare, IT, finance, etc., in a visually impressive manner through this template.

7. Agile Decision-Making

Project managers can use this aesthetically pleasing template to demonstrate how this decision-making model helps speed up the software development cycle by improving project transparency, facilitating early identification of risks, and optimizing resource utilization. If you prefer simplicity, clarity, and elegance in your slides, you will love this PPT, which is all about minimalism.

8. Ethical Decision-Making

Ethical decision-making involves eliminating unethical alternatives and choosing the best ethical option. This process is guided by ethical values and principles. Using this professionally designed template, you can depict the steps to ensure the fairness and ethical aspects of the decision made at the workplace. Besides this, you can describe various models associated with this decision-making, such as Bowen’s Model for Strategic Decision-Making, TARES Ethical Persuasion, and Potter’s Box for Decision-Making.

9. Shared Decision-Making

Explain the application of a shared decision-making model in the healthcare field in an engaging and easy-to-understand manner, leveraging this remarkable template. You can explain how this collaborative approach brings together patients and care providers to make decisions on tests and treatment plans based on the patient’s preferences and evidence. You can also shed light on the importance, benefits, and steps of shared decision-making.

10. Consumer Decision-Making Process

Sales and marketing professionals will find this template useful in demonstrating to their team members the stages consumers go through while making a buying decision. You can also explain strategies to be implemented in each stage to help consumers move to the next stage without friction and close the deal. Using this deck, you can also describe various consumer buying behavior types based on the degree of buyer involvement and differences between brands.

So, this is our list of top 10 PowerPoint templates for presenting decision-making models that will infuse life and dynamism into your presentations. Each slide in these decks is created thoughtfully and with great attention to detail to maximize visual impact and audience engagement. Download all those that best suit your requirements!

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Leadership and Decision Making

Published by Erika Briggs Modified over 6 years ago

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Presentation on theme: "Leadership and Decision Making"— Presentation transcript:

Business Essentials, 7th Edition Ebert/Griffin

Chapter 14 Leadership.

Chapter 10 Leaders and Leadership

Introduction to leadership

Leadership and Influence Processes

13-2 Defining Leadership “The ability to influence through communication the activities of others, individually or as a group, toward the accomplishment.

McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.

Leaders and Leadership

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Adeyl Khan, Faculty, BBA, NSU Managing Decision Making and Problem Solving.

Microsoft® PowerPoint Presentation to Accompany

© 2007 Prentice Hall, Inc. All rights reserved.9–1 Chapter 9 Leadership and Decision Making.

© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Leadership and Decision Making chapter nine. Major Topics: 1.What is leadership and distinguish it from management. 2.Some early approaches to the study.

Leadership.

Leaders and Leadership Chapter Ten Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.

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Incremental Planning In Decision Making Ppt PowerPoint Presentation Complete Deck With Slides

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DECISION MAKING

Jul 11, 2014

2.34k likes | 4.98k Views

DECISION MAKING. MEANING OF DECISION MAKING. In Order to :. According to George R. Terry : “Decision making is the selection based on some criteria from two or more possible alternatives”.

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• true entrepreneurship activities
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• strategic decisions deals
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Presentation Transcript

MEANINGOF DECISION MAKING In Order to : According to George R. Terry : “Decision making is the selection based on some criteria from two or more possible alternatives”. According to Earnest Dale : “Entrepreneurial decisions are those decisions, which are always made in the course of one of the true entrepreneurship activities : Planning, Organising, Staffing, Directing, Controlling, Innovation, and Representation”. Through Decision Making Entrepreneurs Resulting in : Achieve goals and objectives • Plan • Organise • Direct • Control Effectiveness and Efficiency

CHARACTERISTICS OF DECISION MAKING Selectionof the best alternative: Decision making is the process of selecting the best alternative among the various alternatives available for the solution of a given problem. Rational Selection: Rational selection means selection that is balanced, objective and unbiased, based on sound judgement and logical analysis, comparison and evaluation. Only, such a course can lead to the choice of the best solution out of a variety of possible solutions. 3. Responsibilities of Entrepreneur: All major decisions are responsibility of the entrepreneur for smooth functioning of enterprise.

4. Decisions are Means: The process of entrepreneurship aims at achieving pre-determined objectives and decisions are an important means of doing so but they are not the end. The end is to achieve the objectives through the process of decision making and not only to decide and sit. 5. Risk and Uncertainty: It is very difficult to forecast the outcome of future activities with complete accuracy. Therefore, decision making involves an element of risk and uncertainty. A wrong decision can lead the whole enterprise unit to losses and even closure. 6. Decision may be positive or negative: A decision can be both positive or negative. What is right or wrong in doing or not doing, depends upon the situations and conditions of the event.

7. Involves commitment: A decision reflects the commitment of a person who takes the decision. The person taking the decision is committed to implement it and to prepare the whole network of plans according to the decision making. 8. Time and Psychological Factors: Time is an important dimension of decision making. The psychological factors like intelligence, experience, habits, temperament, etc. have also impact on the decisions taken by entrepreneur. 9. Future course of Action: Decisions are made for future course of action based on the basis of past experience and present conditions.

10. Continuous Process: Decision-making is a continuous and regular process because an entrepreneur is required to take decisions continuously for different activities. 11. Communication: The process of decision- making is completed only when the decision are properly communicated in time to all those who are affected by the decision or who are to implement them. 12. Flexible: Decision making process is flexible, changeable and dynamic in nature. The techniques used for making decisions vary with the types of problems involved. Thus, it changes with the change of situation.

STAGES OF CREATIVE THOUGHT

TYPES OF CREATIVITY INNOVATION-Creativity to think totally new ideas. SYNTHESIS- Creativity to absorb, combine and use ideas from different sources and making it new. EXTENSION-Creativity to use old or new ideas. DUPLICATION- Creativity to use other’s successful ideas.

IDENTIFYING THE PROBLEM ANALYSING THE PROBLEM DEVELOPING ALTERNATIVE SOLUTIONS DECISION MAKING PROCESS PROCESS OF DECISION MAKING PROCESS MONITOR THE SOLUTION (1) (2) (3) (7) (6) (5) (4) EVALUATE THE ALTERNATIVE SOLUTIONS MAKE DECISIONS IMPLEMENT THE SOLUTION

All human beings are faced with certain situations in their everyday life, where they need to take important decisions. However, decisions that are made without any planning have a risk of leading to failure. To avoid such problems, it is necessary to take decisions in an organized way, which can be done by following the 6 steps to decision making process... Defining the Problem: The first step towards a decision making process is to define the problem. Obviously, there would be no need to make a decision without having a problem. So, the first thing one has to do is to state the underlying problem that has to be solved. You also have to clearly state the outcome or goal that you desire after you have made the decision. This is a good way to start, because stating your goals would help you in clarifying your thoughts.

Problem analysis: The most important aspect of this step is to find the limiting factor or the critical factor. This limiting factor has to be changed or removed so that the decision or problem solving can be taken and the desired goal is accomplished. The ability of manager to locate this limiting factor in the problem is crucial to his success in finding optimum solution to the problem. For eg : if sales of a business are reduced ,the sales manager has to find the limiting factor which could be ineffective advertisement, faulty distribution,price,after sales services. Develop Alternatives:The situation of making a decision arises because there are many alternatives available for it. Hence, the next step after defining the main problem would be to state out the alternatives available for that particular situation. Here, you do not have to restrict yourself to think about the very obvious options, rather you can use your creative skills and come out with alternatives that may look a little irrelevant. This is important because sometimes solutions can come out from these out-of-the-box ideas. You would also have to do adequate research to come up with the necessary facts that would aid in solving the problem.

Evaluate the Alternatives:This can be said to be the one of the most important stages of the decision making process. This is the stage where you have to analyze each alternative you have come up with. You have to find out the advantages and disadvantages of each option. This can be done as per the research you have done on that particular alternative. At this stage, you can also filter out the options that you think are impossible or do not serve your purpose. Rating each option with a numerical digit would also help in the filtration process. Make the Decision:This is the stage where the hard work you have put in analyzing would lead to. The evaluation process would help you in looking at the available options clearly and you have to pick which you think is the most applicable. You can also club some of the alternatives to come out with a better solution instead of just picking out any one of them.

Implement the Solution:The next obvious step after choosing an option would be implementing the solution. Just making the decision would not give the result one wants. Rather, you have to carry out on the decision you have made. This is a very crucial step because all the people involved in the implementation of a solution should know about the implications of making the decision. This is very essential for the decision to give successful results. Monitor your Solution: Just making the decision and implementing it is not the end of the decision making process, it is very important to monitor your decision regularly. At this stage, you have to keep a close eye on the progress of the solution taken and also whether it has led to the results you expected.

IMPORTANCE OF DECISION MAKING Heart of Entrepreneurship: All goals, strategies, policies and programmes are determined through decisions. Therefore, the central pole of entrepreneur is to make decisions which determine the future of enterprise. Pervasive Activity: Decision making is a pervasive activity. It exists in every part and at every level of enterprise. Universal Mark of an Entrepreneur: An entrepreneur is viewed as a specialist in the art of decision making. He is responsible for making decisions rather than doing the work personally. An entrepreneur is a man who decides.

4. Core of Planning: Decision making is the sole of planning. Planning is deciding in advance what to do. 5. Basis of effective control: Control is crucial to an enterprise's success. Through decision making, entrepreneurs constantly monitor process, compare actual process with standards and take corrective action in case of any deviations. 6. To face challenges: Entrepreneurs can face challenges of modern time through good decisions. In the environment of turbulence, entrepreneurs are forced to make more and more decisions at a faster and faster pace.

TYPES OF DECISIONS

STRATEGIC DECISION : WHAT ? Strategic decisions deals with the big picture of the business. The focus of strategic decisions is typically external to the business and usually future oriented. Strategic decision-making creates the forward thrust in the business. It includes decisions about: What business are you in? What is your vision for the business? What's your business' identity? What do you stand for? Which direction is the business headed? How will the business compete?

TACTICAL DECISIONS - ‘HOW?' Tactical decisions involve the establishment of key initiatives to achieve the overall strategy. For example, if you have decided to be the Number 1 provider in your market (a strategic decision) then you will develop tactics (e.g. implement a marketing system, increase number of therapists) to achieve that outcome. In a small business you may have 4 or 5 key tactics that you are going to use to achieve your overall strategy. Again this layer of decision-making can sometimes be overlooked yet it is the glue that creates a strong connection between your long-term vision and your day-to-day activities. Tactical decision-making is the domain of 'mission' statements. Think in terms of the battlefields from which the term has emerged. The overall strategy, that is, what the army is there to do, is to win the war. Then you have a number of 'missions' you send troops on, preferably diplomatic ones, the cumulative effect of which is intended to win the war.

OPERATIONAL DECISIONS -'HOW WILL WE DEPLOY RESOURCES ?' Operational decisions determine how activities actually get done. They are the 'grass roots' decisions about who is going to do what and when. It includes: How will we spend your money this month? How will we service that client? What is our procedure for delivering an order? Who will be doing quality control?

OPERATIONAL V/S STRATEGIC DECISIONS

NON-QUANTITIVE/ DESCRIPTIVE METHOD Experience: Past experience is a good method for decision making. The knowledge gained by past experience is a helpful guide for future course of action. But, it may be dangerous to rely upon the past experience blindly. Hunch & Intuition: Intuition is related to inner feeling. It is a feel for the situation. An intuitive decision maker is an activist, moves fast, questions quickly about situations and finds unique solutions to difficult problems. 3. Judgement: It is the result of the interaction of knowledge, ideas and opinions. Judgement is based on past experience. Therefore a judgement decision may be a fast and inexpensive to make, but it cannot cope with new and complex situations.

4. Heuristics: Heuristics means to find or discover by using procedures that lead to systematically work through issues in an established manner. 5. Principle of Management: These principles may help to shape the environment in which the decisions are made. 6. Behavioural Techniques: Behavioural models such as brain storming, nominal groups and dalphi methods all these help the entrepreneur to search for optimal solutions in situations where few models apply.

7. Institutional Documents and Procedures: Certain documents such as policies, rules or procedures are also used for making decisions. In most of the enterprises, programmed decisions are handled through rules, standard operating procedures and policies. These bring uniformity in decisions and avoids biasness. 8. Groups: An interactive group can make more effective decisions than individuals. Several people can gather more information, can provide a variety of prospective on the problem, and are more likely to be committed than a single person.

QUANTITATIVE METHODS Facts: Facts give the decision maker confidence and courage to proceed further. Facts also help assume consistency and logicalness. They reduce the unknown area of decisions and show the progress of work towards decisions. Experimentation: Through test decisions hypothesis or choice for alternative can be confirmed or supported, or proved to be sound. Experimentation provides an objective, rational and methodological approach to decision making.

3. System and Mathematical Models: A mathematical model is generally constructed to represent the system being studied. This allows testing of problem without much cost. 4. Economic & Financial Techniques:Some economic theories like marginal analysis, cost effective analysis, opportunity cost analysis, utility theory etc. have proved of greater use of decision making. Similarly financial techniques such as ratio and profit and loss analysis, pay back analysis etc. also help in decision making process. They serve as a means of evaluation and selection of analysis.

5. Statistical Methods:Statistical methods such as theory of probability, sampling techniques, analytical tables etc. are important tools of decision making. 6. Operation Research or Specialised Decision Models: Operations research is an important tool of decision making. Probability Theory: It tells us that certain things are likely to happen in accordance with a predictable manner. Game Theory: It is used to make decisions in competitive situations. It brings into picture the actions of the competitor. It provides an optimum solution in which an individual in certain situations can develop a strategy which will maximise gains with small losses, regardless of what the competitor does.

c) Quening Theory: This theory attempts to balance the cost of waiting lines versus the cost preventing waiting lines by increased service and facilities. It is based on the premise that sometimes it is more costly to eliminate all delay than to keep some of the delay. d) Linear Programming: It determines the optimum allocation or use of limited resources to achieve some desired objective. e) Other Tools: There are many other tools of decision making such as Pert, Symbolic Logic etc.

MODERN TECHNIQUES Risk Analysis: It is important to know the size and nature of risk in choosing the course of action. Risk analysis theory develops for every critical variable in a decision problem a probability distribution curve. Decision Trees: The tree shows in what direction the chance events are and what their values in terms of profits and losses are for each alternative. Therefore, decision trees replace broad judgementswith a focus on the important elements in a decision, bring out into the open premises that are hidden, and disclose the reasoning process by which decisions are made under uncertainity.

3. Preference Theory: This theory is based upon premise that individual attitudes towards risk analysis vary. Hence, decisions should be made only after assessing a person’s willingness to take risks in a variety of situations and by developing an individual’s preference curve for that person. 4. Expected Value and Pay-off Matrix: Entrepreneur also makes use of the expected value concepts and pay-off matrix in arriving at objective and rational decisions.

GROUP DECISION MAKING There are several instances in professional as well as personal life when decision-making requires opinions and inputs from more than one or two people. This is where group decisions come into the picture. Group decision-making is a complex process, which can be achieved by several methods. Group decision making basically means when decisions are made in groups. Groups can be in the form of committees, review panels, board of directors, task force or similar groups. Groups consists of experts who are best qualified to take decisions that effect them. Experts from different fields can take better decisions than an individual taking decisions independently and single-handedly.

TECHNIQUES OF GROUP DECISION MAKING Authoritarian Style The authoritarian style is like a dictatorship, in which the decision ultimately rests in the hands of one person. This style of decision-making is applicable in the presence of a powerful person who dictates the entire process of decision-making and has the final authority on the outcome. This style, although in use at various places, tends to have more disadvantages than advantages because the people whose opinions are disregarded might have negative feelings about the entire process. A variation of this method is the minority control method wherein the group discusses the issues but the power of decision-making rests not in the hands of one but a small group of people within the group.

Brainstorming This group decision-making method is best when the decision-making has to be started from scratch, which means creating the various options and then weighing them. This is an excellent method for group decisions, which is very popular owing to the complete creative freedom it offers to all the participants. There can be a facilitator to facilitate the entire discussion just to ensure that the people don’t digress. The facilitator can merely help to start off the conversation, provide subtle hints and nudges when the participants get stuck and thus help to make effective and creative group decisions. The positive aspect of this method is that it values the opinion of every individual member and the final decision is reached by consensus.

Voting Based Method This is a group decision-making process, which is convenient to use when the group has certain set of defined options before it and needs to pick out the optimum solution. A voting system allows every participant to cast his/her vote for the option that he/she thinks is the best. The option that gathers the maximum number of votes is selected. This method however does not value the individual opinion of each and every participant in the group. A variation of this method is the majority method wherein a majority of people within the group has the power to pass the final decision.

ADVANTAGES OF GROUP DECISION MAKING • Advantages of Group Decisions : • Group decisions help to combine individual strengths of the group members and hence has a set of varied skill sets applied in the decision making process. • Individual opinions can be biased or affected with pre-conceives notions are restricted perspectives, group decision help to get a broader perspective owing to differences of perception between individual in the group.

A group decision always means enhanced collective understanding of the course of action to be taken after the decision is taken. • A group decision gains greater group commitment since everyone has his/her share in the decision making. • Group decisions imbibe a strong sense of team spirit amongst the group members and helps the group to think together in terms of success as well as failure.

DISADVANTAGES OF GROUP DECISION MAKING • Disadvantages of Group Decisions: • One of the major disadvantages of group decision making is that it is more time consuming than the process of individual decision making. • Group decisions take longer to be finalized since there are many opinions to be considered and valued. • In case of authoritarian or minority group decision making, the people whose opinions are not considered tend to be left out from the decision making process and hence the team spirit ceases to grow. • The responsibility and accountability of the decisions are not equally shared in some cases which leads to a split in the group and hence hamper the overall efficiency of the group.

TIPS FOR ENTREPRENEURS Set Goals and Find the Facts Sense of Timing Involvement of Subordinates Communicates Effectively Be Flexible Follow Through

PROBLEMS IN DECISION MAKING 1. Lack of information: Decision makers may not have the full information about the decision situation. Information means the total number of alternative courses of action. Decisions taken in the absence of complete information are likely to be wrong. 2. Caliber of person: All the information available is required to be analysed and processed in order to have a comparison of alternatives. But the accuracy of analysis, processing and comparison depends upon the caliber of the persons who have been assigned this duty. 3.Personal interest of decision making: The third main problem in the process of group decision making is that the decisions are taken keeping in view the personal interest of the majority because every person throws his weight in favour of those alternatives serve his own interests.

4.Decision environment: The entrepreneurial physical, social and psychological environment prevailing in the enterprise also has a great impact on the thinking of the entrepreneur. 5.Changing entrepreneurial conditions : A decision taken today by an entrepreneur may become obsolete tomorrow because of speed of innovations, technology, financial patterns, global marketing, and government policies. These decisions require diversity in decision making, as is difficult even for groups to achieve. 6.Participation in decision making: It is required that all those who are concerned may be made to participate in the decision making process but such participation invites problems also because all of them do not have the required level of education, knowledge, information, skill and intelligence. 7.Communication barriers: Communication gap is also another major problem. Either most of the decisions are not communicated in time to those whose are directly concerned or who are to take part in its implementation or the same are communicated in such a language as distorts its very sense and intent.

AIDS FOR DECISION MAKING • Intution: Intuition includes guess work and common sense views based on a keen and quick insight. Previous experiences and training also contribute a lot in this regard. Entrepreneurs having a strong power of intuition can generally take prompt and appropriate decisions. • Experience: Personal experience, or experience of others is the most important and valued basis utilised for making rapid decision. The experience gives the entrepreneur the requisite vision that trains him to apply knowledge he has acquired to the best of its uses. It enables him to recognise the crucial factors influencing the decisions. • Considered opinion: The democratic management relies upon the considered opinion based on group decisions., as they provide maturity and rationalisation in the decision making process.

4. Facts: Relevant adequate and up-to-date facts and figures provide solid basis for decision making . In fact, decisions become wrong only when adequate facts are not available on the particular issue or problem. 5. Quantitative decision making tools: The modern entrepreneurship has been dependent upon certain refined mathematical and statistical aids like operations research, simulation, linear programming, game theory, break-even analysis and so on. These quantitative decision making tools have been very effective , offering a great help in decision making .

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