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What are the six characteristics of an effective decision making process?

What are the six characteristics of an effective decision making process?

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    1. Neha Rawat

      Neha Rawat

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      Decision-making is a process of selection from a set of alternative courses of action which is thought to fulfil the objectives of the decision problem more satisfactorily than others. It is “a course of action which is consciously chosen for achieving the desired result.” A decision is something that takes place prior to the actual performance of a course of action that has been chosen.

      Characteristics of Decision Making

      • It is a process of choosing a course of action from among the alternative courses of action.
      • It is a human process involving to a great extent the application of intellectual abilities.
      • It is the end process preceded by deliberation and reasoning.
      • It is always related to the environment. A manager may take one decision in a particular set of circumstances and another in a different set of circumstances.
      • It involves a time dimension and a time lag. It always has a purpose. Keeping this in view, there may just be a decision not to decide.
      • It involves all actions like defining the problem and probing and analysing the various alternatives which take place before a final choice is made.
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