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7/25/2019 Decision Making in the Work Place
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Decision Making in
the WorkplaceLiz L. Garcia Ramos
INCO 4006 M03
Prof. Marta Y. Pabellón Imbert
7/25/2019 Decision Making in the Work Place
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Introduction
Problem
!ro"#!o"t !istor$ "ntil to%a$& !i#! mana#ement's (oor %ecisions !a)e ca%o*nfall of man$ b"sinesses.
P"r(ose
Pro)i%e ec!ni+"es an% (ro)e t!e im(ortance of e,ecti)e %ecision ma-in# *or-(lace.
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Defnitions
ecision Ma-in#
Rational ecision Ma-in#/ $stematic (rocess "se% b$mana#ers
Problem
ol"tion/ 1se% to sol)e a (roblem
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Steps or Rational Decision Ma
2. ene t!e Problem
. I%entif$ ecision Criterion
3. 5alance t!e Criterion
4. Generate lternati)e Co"rse of ction
7. 8)al"ate eac! lternati)e
6. Calc"late t!e most O(timal ecision
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Dierent Types o Decision Mak
Nominal Gro"( ec!ni+"e
el(!i ec!ni+"e
Rain of I%eas
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Importance o Decision Making
5"siness is a com(etiti)e 8n)ironment
9el( in c!oosin# t!e best alternati)e
Re%"ces Ris- *!en it in)ol)es (roblems
5etter 1tilization of Reso"rces
c!ie)e Ob:ecti)es an% Goals
;acilitates Inno)ation
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Consequences o ad Decisions
<mart
<o%a-
5lac-berr$
General Motors
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!an- $o" for $o"r attention.
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