4.2 Steps in Decision Making Process
optimizing decision
choosing the alternative that gives the best possible solution to the problem
satisficing decision
choosing the first satisfactory alternative (behavioral approach)
cost benefit analysis
compare the costs and benefits of each potential solution/course of action
advanced- six sigma DMAIC decision making process
define, measure, analyze, improve, control
common mistakes when identifying problems
defining too broadly or narrow, looking at symptoms instead of causes, looking at wrong problem
rights reasoning question
does your decision respect the rights of all involved?
utility reasoning question
does your decision satisfy all stakeholders?
step 5
evaluate results
lack of participation error
failure to include the right people in the decision making process
step 2
generate and evaluate potential solutions/alternative courses of action
spotlight questions
highlight the risks of public disclosure of ones actions
step 1
identify/define the problem
step 4
implement decision
justice reasoning question
is your decision consistent with the canons of justice?
caring
is your decision responsible?
step 3
make a decision; conduct ethics double check
classical decision model
making decisions using complete information
behavioral decision model
making decisions with limited info and bounded rationality
decision making process
series of steps that identify the problem and ultimately evsulate the chose/implemented solution; always include an ethical analysis