The process of decision making generally analyzes a problem in stages until a viable solution develops. It involves choosing the best alternative after defining the issue and identifying the desirable outcome. The process of decision making includes choosing an action to reach a goal after weighing the attributes of each alternative.
Decisions might be made by a group or by one person who compares options. The final step is acting on the information learned during the process of decision making.
Deciding whether or not a problem exists is typically the first step in the process of decision making. Some professionals use a problem statement that condenses the issue into a one-sentence format.
If a group is involved in the process, all participants should agree on the problem statement and that it defines the issue that needs a solution. This step eliminates assumptions and might summarize a complex problem into a manageable task.
Next, minimum standards might be set to accomplish the ultimate goal. A discussion of feasible actions acceptable to the process of decision making might occur at this stage. For example, if cost versus benefit represents an important element in the final decision, expense parameters might be set.
Setting goals within the defined parameters gives decision makers a clear vision of the outcome. This might include analyzing all the information available that hinders or helps those goals becoming a reality. Goals are typically based on the preferences and values of those involved in the process of decision making. WDPM
Copyright – William Douglas Management, Inc. 2016