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Decision Making Skills

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Please discuss the following:

a. How to develop appropriate skills?
b. What are good practices for decision making?
c. Peer choices: Pro's and Con's of choices.

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Solution Summary

This solution discusses how to develop appropriate skills, identifies good practices for decision making and explores peer choices, including the pro's and con's of choices.

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Let's take a closer look at these interesting questions!

RESPONSE:

a. How to develop appropriate skills?

You can develop your decision-making skills by applying a decision making model to different problems. Or, you can take a work shop or course on decison-making. With practice, you can improve your ability to make sound decisions in all areas of your life - personal, financial and professional - because life involves many decisions and making the best choices consistently is the key to success (http://www.hooah4health.com/spirit/decisions.htm).

Also see questions that facilitate decision-making at http://www.businessballs.com/innovationdecisionmakingfacilitation.htm.

b. What are good practices for decision making?

Problem-solving and decision-making are closely linked, and each requires creativity in identifying and developing options, for which the brainstorming technique is particularly useful. Making a good decision requires patience and careful thought.
Following a step-by-step approach can help.

Step 1: Define the Issue or Problem.

Size up the situation.
? Examine the problem thoroughly - look at it from all angles.
? Keep thinking - don't be satisfied with quick, easy answers.
? Avoid mistaking the problem's symptoms (for example, a shortage of money) for the problem itself (poor spending habits, too much debt, etc.).

Set goals and ...

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