DECISION MAKING PROCESS

 DECISION MAKING PROCESS

Decision making is a process of having different steps. It is based on simon’s decision making process which is also known as rational decision making process.

1.      Specific objective- the need of decision making arises in order to achieve certain specific objective or goal. The starting point in any analysis of decision making involves the determination of whether a decision need to be made.

2.      Problem identification- it is the real beginning of the decision making process. A problem is the gap between actual state of affairs and desired state of affairs. problem should be identified clear and specifically so that it may be solved by taking appropriate action. In order to overcome this gap, decision is required.

3.      Search for alternatives- based on identification of problem. The decision maker seeks suitable alternatives to solve the problem. A problem can be solved in several ways, though all the ways may not be equally suitable therefore decision maker must try to find out various alternatives in order to get the most suitable alternatives.

4.      Evaluation of alternatives- after the various alternatives are identified, the next step is to evaluate these alternative so that the most desirable alternative is selected. After identifying the alternatives require serious consideration, the decision maker should go for evaluating how each alternatives may contributes towards achievement of the specific objective.

5.      Choice of alternative- the evaluation of various alternatives present a clear picture of how each alternative contribute to achievement of the specified objective based on this, the most acceptable alternatives is choosen. Though the attempt should be made to choose the most desirable alternative.

6.      Action- after the alternative is selected, it is put into action.

7.      Result- when the decision is put into action, it brings certain result. The result must be correspond the objective, the starting point of decision making process, to check whether effective decision has been made and implemented properly. If there is any deviation between objective and result, this should be analyzed and factors responsible for this deviation should be located and suitable action should be taken.