The importance of decision making in organizations need no emphasis. Organizations more than ever before are confronted with problems which require appropriate solutions at the appropriate time so much so that the manager is largely a decision maker than anything else. Although confronted with a lot of repercussions of a faulty decision, managers cannot ignore taking decisions. Different thinking approaches are adopted to analyse any given problem or situation. Originally developed for individual problem solving during counselling sessions, Six Thinking Hats is a lateral thinking method to analyse a concept, situation, or problem, idea or a model. This technique uses different thinking approaches required by an individual/group while analysing a given problem/situation in an effective way. In this model different thinking approaches are used in a systematic manner indicated bya different set of frame of references called coloured hats. By conceptualizing each type of hat, the manager focuses on the style of thinking associated with each colour so that the problem can be analysed from different angles and perspectives. In this paper, we have discussed how this technique can be used as a Tool for Lateral Thinking in Managerial Decision Making Process by integrating it with Decision Theory model. Show 4. In addition to generating potentially effective solutions to problems, weighing the pros and cons of each possibility and deciding on the best solution, this is the ability to make good decisions in general. Moreover, it is the ability to come up with a potentially effective plan that requires coping with ambiguity and exercising sound judgement even when working under pressure and dealing with potential risks. Learn more in: Finding Star Performer Leaders: The Secret to Running Successful Organizations 18. In order to make decisions, one must first acknowledge the existence of a problem, then gather all of the pertinent evidence, and finally consider the relative merits of the various prospective solutions. You are able to make choices that are more deliberate and well thought out when you use decision-making processes that involve a series of steps. These processes can help you organise relevant information and establish alternatives. Learn more in: AI-Enabled Internet of Nano Things Methodology for Healthcare Information Management 22. Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that best fits with our goals, objectives, desires, values, and so on. Learn more in: Decision Making Methods 34. In psychology, decision-making (also spelled decision making and decision making) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options, it could be either rational or irrational. Decision-making process is a reasoning process based on assumptions of values, preferences, and beliefs of the decision-maker. Learn more in: Case Study of Gender and Career Choices: Being and Becoming Medical People 37. Decision making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities. Every decision-making process produces a final choice that may or may not prompt action. Decision-making is the process of identifying and choosing alternatives based on the values and preferences of the decision-maker. Learn more in: A Fuzzy Group Decision-Making Approach to Construction Project Risk Management 38. The entire process of decision making about anything important or unimportant regarding the family or the individual in the family that require participation of the family members. It has been used to identify if women have a say in the family on the issues having its effects for long term. Learn more in: Economic Empowerment of Women in Pakistan AbstractPlans allow for alternative executions, and different executions will mostly have a different “degree of desirability”, depending on times, costs, failure rates, setup times, etc. Choosing an optimal course of action whenever plans allow for alternative moves is a crucial problem of plan execution supervision. In this chapter we present a methodology for making decisions over alternative executions of plans represented as control nets. We called this methodology Operational Decision Making (ODM), because it is suitable for making decisions at the operational level of running a plan. Keywords
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Rights and permissionsCopyright information© 1990 Springer-Verlag Berlin Heidelberg About this chapterCite this chapterPagnoni, A. (1990). Choosing a Course of Action: Operational Decision Making. In: Project Engineering. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-75630-6_8 Download citation
What is process of choosing the most appropriate course of action from the available alternatives?Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.
What is the selection of course of action?In incident-level decision making, a Course of Action (COA) is an overall plan that describes the selected strategies and management actions intended to achieve Incident Objectives, comply with Incident Requirements, and are based on current and expected conditions.
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Which is the process of choosing a course of action among the available alternative course of action?
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