PPT-Chapter 5 Planning and Decision Making

2015 Cengage Learning MGMT7 2015 Cengage Learning 51 discuss the benefits and pitfalls of planning 52 describe how to make a plan that works 53 discuss how companies can use plans at all management levels from top to bottom. Objectives. Structure uncertain decisions – tree format. Symmetric. Asymmetric. Sequential decisions and Information seeking. Analyze uncertain decisions. . Solve a decision tree – Maximize (or Minimize) the expected value. © John Wiley & Sons Canada, Ltd.. Business Leadership: Management Fundamentals. John R. . Schermerhorn. , Jr. ., . Barry Wright, and Lorie Guest. Data. Raw facts and observations. Information. Data made useful for decision-making. Week 3. Dr. Ananda Sabil Hussein. Steps in Planning. Choose goals. Identify actions. Allocate responsibility. Review Performance. Make adjustments. Unit plans (heads of departments, teams, individuals. © John Wiley & Sons Canada, Ltd.. Business Leadership: Management Fundamentals. John R. . Schermerhorn. , Jr. ., . Barry Wright, and Lorie Guest. Understand the role of . information in . the management process. Susanne C. Moser, Ph.D.. Susanne Moser Research & Consulting. Stanford University. 2016 IEPR Workshop on . Climate Adaptation and Resiliency in the Energy Sector . Sacramento, CA • June 21, 2016. Learning Outcomes. Identify the steps in the decision-making process. Describe various models of decision making. Discuss the individual influences that affect decision making. Explain how groups make decisions. Learning Outcomes. Explain dominance structuring and how it impacts our ability to consider our options in a full and fair-minded . way. Describe and apply the strategies used by strong critical thinkers thoughtfully to manage, monitor, and self-correct their decision making. Section 2-2: Making Decisions & Setting Goals. I. Making Responsible Decisions. Decisions about major life issues must be made carefully & deliberately.. Treat decision making like you would approaching a busy intersection.. component of career planning. .. Instructor: Dr. Janie S. Torain. Career Management. 5.00 Create . a career plan that leads to the achievement of career goals.. 11/23/2012. 1. CM 5.01 Decision Making Process. Decision Support Systems . For Business Intelligence. Figure 2.1: Nature of Decision Making. Figure 2.2: Forms of Rationality. Figure 2.3: Causes of Satisficing Behavior. Figure 2.4: Perception is . Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. Unstructured. : Decision maker must provide judgment, evaluation, and insight to solve . problem. Structured. : Repetitive and routine; involve definite procedure for handling so they do not have to be treated each time as . Ing. Šárka Zapletalová, Ph.D.. Department . of. Business . Economics. and Management. STRATEGIC MANAGEMENT. Basic . information. Course. : . Strategic. Management . PEMNASMA. Tutor: Šárka Zapletalová. PLANNING: . Steps, Importance, Components. CO ORDINATION: . Importance. MANAGEMENT BY OBJECTIVES: . Advantages, MBE. MANAGEMENT INFORMATION SYSTEM: . Concept, Components. DECISION MAKING: . Techniques, Essentials, Impact Of Technology On Decision Making. .