TASHNA BALAKRISHNAN by Tashna Balakrishnan

Make the right choice

tashnabalakrish — 2015-03-27 13:43:16 UTC

Effective steps in making decisions.

(BY TASHNA)

tashnabalakrish — 2015-04-13 14:47:46 UTC

The decision means or method of strategy decision, decision analysis is generally divided into four steps, 1. The formation of decision problems, including the proposed plan and determine the target; 2. The state of nature and probability judgment; 3. Protocol more feasible scheme; 4. Evaluation plan and make choices. Decisions are generally made by managers, managers can affect the entire team, a good decision can reflect the ability of managers.

tashnabalakrish — 2015-04-14 06:00:48 UTC

(BY Wang Jianyu)

HOW POOR DECISION-MAKING AFFECTS YOUR RETURNS

tashnabalakrish — 2015-04-14 17:18:16 UTC

In order to invest successfully, you need to be skilled at decision-making. This is true if you are a do-it-yourself-investor or if you rely on recommendations from your financial advisor.

(BY RAMONA CHRISHA)

Multiple Criteria Decision Making From Early History To The 21st Century

tashnabalakrish — 2015-04-15 09:37:29 UTC

(BY BANU NAGIAH)

DECISION MAKING FOR MANAGERS: CERTAINTY, RISKY & UNCERTAINTY

tashnabalakrish — 2015-04-15 20:47:33 UTC

(BY BANU NAGIAH)

EFFECTIVE DECISION MAKING

tashnabalakrish — 2015-04-15 20:52:07 UTC

(BY BANU NAGIAH)

Rational decision making classes should be a part of the national curriculum.

tashnabalakrish — 2015-04-18 09:21:12 UTC

Being a good decision maker is not easy for everyone. Hence, classes in rational decision making a compulsory part the national curriculum would be on of the way to enhance a good decision making skill.

(BY TASHNA)

how good is your decision making.

tashnabalakrish — 2015-04-18 10:48:41 UTC

(BY SHI HAN)

HANDBOOK OF DECISION MAKING

tashnabalakrish — 2015-04-18 13:29:01 UTC

BY SHANGARI DEVAKUMAR

it describe importance of decision amking

UNCONCIOUS DECISION MAKING

tashnabalakrish — 2015-04-18 13:33:22 UTC

BY SHANGARI DEVAKUMAR

it describes the types and effect of unconcious decision making

DEFINING DECISION MAKING

tashnabalakrish — 2015-04-18 13:35:41 UTC

BY SHANGARI DEVAKUMAR

The skills considered important to effective decision making are based on a normative model of decision making, which prescribes how decisions should be made

DECISION MAKING TECHNIQUES

tashnabalakrish — 2015-04-19 14:16:37 UTC

There are 2 techniques which can be used to make the best decision.

a) Grid Analysis- list out all the options and choose the best one

B) Decision Tree- List out possible outcomes before taking the final decision.

BY RAKESH RAO

WHY WE MAKE BAD DECISION

tashnabalakrish — 2015-04-19 14:20:01 UTC

A scientist called Bernoulli stated that expected value of our actions that is the goodness that we can count on getting is actually the product of gains and value of gains. But people are horrible in estimating these odds. Therefore, this is why some of us are led into making the wrong decision.

BY RAMONA CHRISHA

HOW TO MAKE BETTER DECISION

tashnabalakrish — 2015-04-19 17:36:52 UTC

We face to make thousands of decision every time . According to science, most of the time we usually make the wrong decisions. But if you really want to come to a truely logical conclusion then you need to way up all the factors and make them interact using algebra.

By Rakesh Rao

The Decision Making Process

tashnabalakrish — 2015-04-19 22:25:22 UTC

By Tashna

Decision-making Types

tashnabalakrish — 2015-04-19 23:06:15 UTC

- Irreversible -
These decisions are permanent, once taken, they can't be undone. The effects of these decisions are far-reaching and are taken only when all other options have been exhausted.

- Reversible -
Reversible decisions are not final and binding, they can be retracted at any point, and another more fitting decision made. It allows one to acknowledge mistakes and undertake relevant damage control, depending on how the new circumstances play out.

- Delayed -
Such decisions are put on hold until the decision maker thinks that the right time has come. This delay might cause one to miss certain opportunities that may present themselves, especially in the case of businesses, and may lead to losses. However, such decisions are the norm for large bodies like the government, which decide policies that affect the lives of millions of people. The time taken to collect all information required and to organize plans of implementation, is crucial to the ultimate well-being of the public.

- Quick Decisions -
These decisions enable one to make maximum use of the opportunity available at hand. However, only a very astute personality can take decisions that are both instantaneous and correct. In order to be able to take the right decision within a short span of time, one should also take the long-term results into consideration.

- Experimental -
One of the ways of decision-making is the experimental type, where the final decision cannot be taken until the preliminary results appear and are positive. This approach is used when one is sure of the final destination but is not convinced of the course to be taken. Experimental decisions are common in fields such as medicine, where the product being tested goes through several phases, and decisions may change with every iteration.

- Trial and Error -
This approach involves trying out a certain course of action. If the result is positive it is followed further, if not, then a fresh course is adopted. Such a trial and error method is continued until the decision-maker finally arrives at a course of action that convinces him of success. This allows a manager to change and adjust his plans until the final commitment is made.

- Conditional -
Conditional decisions allow an individual to keep all his options open. He sticks to one decision as long as the circumstances remain the same. Once the competitor makes a new move, conditional decisions allow a person to take up a different course of action.

( BY AMIR IRSYAD HAKIM BIN MAHUSIN)

Leadership- Types of Decision Making

tashnabalakrish — 2015-04-19 23:28:24 UTC

(BY AMIR IRSYAD HAKIM)

The Step To Make Decision Maki

tashnabalakrish — 2015-04-20 09:11:15 UTC

1.Ideas

To make a balanced decision, it is important to have a brainstorming session to identify all possible solutions. A wide set of potential solutions increases the chances of resolving the issue successfully. This aspect of decision making is simpler when you have a group of people involved — the more people in the group, the more likely you’ll have a diverse and logical set of ideas to sort through.

2.Evaluation

Another key aspect of decision making is the evaluation process. Once you have a complete listing of ideas and solutions, you go through each one to decide which has the best chance of succeeding. For business decisions, the process can include performing research and conducting focus groups. For a personal decision, the process can simply involve speaking to your loved ones about the intended solution.

3.Agreement

Possibly the most difficult aspect of decision making is to come to an agreement to make a final decision in the matter. All group members must come together either to vote or come to some other type of consensus to guide the final course of action. This can take time — especially if the group abides by formal rules of order when making decisions. Even when you are on your own in the decision-making process, it can be intimidating to finally choose just one course of action.

4.Revisiting the Decision

Once the decision is made, you must then monitor the effects of making that choice. For example, if you make a choice as a business owner to add a new product to your list of offerings, you should track sales and profit to see if that was the right decision. If you find that it is not working out, you can then move on to the next choice on your list.

(BY IMAN BIN SHUKRI)

Critical Thinking for Better Decision Making

tashnabalakrish — 2015-04-20 09:32:25 UTC

(BY IMAN BIN SHUKRI)

Organizing Team Decision Making

tashnabalakrish — 2015-04-21 07:56:40 UTC

AHMAD FAHMI BIN SH MOHAMED

Tips to Improve the Decision Making Process

tashnabalakrish — 2015-04-21 07:59:48 UTC

AHMAD FAHMI BIN SH MOHAMED

WHAT IS DECISION MAKING?

tashnabalakrish — 2015-04-21 08:11:47 UTC

MUHAMMAD HAZWAN BIN ISMAIL

ADVANTAGE AND DISADVANTAGES OF DECISION MAKING

tashnabalakrish — 2015-04-24 17:19:38 UTC

BY MUHAMMAD HAZWAN BIN ISMAIL