Presentation on Decision Making

By Prof. Amrita Chourasia on 9.7. 12 (9:00 – 10:00 p.m.)

She started with the explanation of mind mapping. She also narrated a story through which the audience came to know on how to take a decision. It is a process of selecting from a set of alternatives a course of action. It is a synonym of managing and is a core of managerial activity. 

She also explained types of decisions: routine and strategic decisions, policy and operating decisions, organizational and personal decisions, programmed and non programmed decisions, individual and group decisions. She also focused on the steps involved in decision making process, process of decision making, identifying the problem, analyzing a problem, how to collect the relevant data, developing alternative solutions, selecting the best alternative solutions, converting decision into action, ensuring feedback and follow up, relationship between planning and decision making, rationality in decision making, creativity in decision making, preparation stage, incubation stage, illumination stage, elaboration stage, some techniques of DM etc. She gave a situation and invited people for discussion to analyze the same and also took a case for analysis.