Saturday, April 25, 2009

DYNAMIC OF DECISION MAKING-I

As a valued team member in any organization, we probably make decisions every day. Some decisions are relatively straightforward and simple but others are quite complex

While working in TPM Way, for improving the effectiveness of our process we have to take much complex decision to improve quality, increase productivity etc and for that we ask ........... should we switch to a new manufacturing process?

Changing a manufacturing process is a very complicated decision. You will have to consider what new processes are available. How much will the change cost? When will you see a return on your investment? How large will that return be? How long will it take to train people to use the new system? What impact will there be on our customers? And how will this affect our supplier relationships?

While answering all this question’s we have to consider many other issues like
• Uncertainty - Many facts may not be known.
• Complexity - You have to consider many interrelated factors.
• High-risk consequences - The impact of the decision may be significant.
• Alternatives - Each has its own set of uncertainties and consequences.
• Interpersonal issues - It can be difficult to predict how other people will react.

With these difficulties in mind, the best way to make a complex decision is to use an effective process. In this article, there is outline of a process that will help improve the quality of our decisions

A logical and systematic decision-making process helps us to address the critical elements that result in a good decision. By taking an organized approach, we're less likely to miss important factors, and thus make our decisions better and better.


Useful Links to Read:
01. Parents - Like an Apple Tree
02. Good Thought
03. 21-happy-tips
04. way-of-thinking
05. cogitated.html
06. for-better-sleeping
07. thougth-of-day
08. positive-angle
09. smiling
10. swami-vivekananda
11. creative-thougth
12. greateful-thougth
13. effortive-thougth
14. great-improvement-thougth
15. big-thing-big-smart
16. employee-what-do-i-do-during-recession
17. swami-vivekananda-thougth-on-leadership
18. personality-devolepment-over-view
19. did-you-know
20. transport-travel-earth-efficient
21. save-water-life-of-earth
22. recycle-waste-save-earth
23. dear-guys-these-are-some-small-things
24. very-nice-wording
25. love-has-no-limit
26. lhealth-important-tips
27. small-truth-to-make-your-life-100-if-b
28. time-management-manage-yourself-not
29. how-to-work-smarter-not-just-faster
30. making-productive-use-ofhiddentime
31. 5-top-time-wasters
32. ways-to-improve-time-use
33. thirteen-timely-tips-for-more-effective
34. thought-of-day
35. bhagawatgeetha-essance
36. tension-free-life-through-meditation
37. positive-philosophy
38. friendship-is-treasured-gift
39. triumph
40. peaceful-thought
41. good-luck-tantra-totem
42. great-thinge-great-thought
43. what-is-teamwork
44. life-is-great-travel-trip
45. nice-management-proverb
46. beautiful-saying
47. chanakyas-quotes-worth-reading-million
48. it-is-difficult-but-challenging
49. heart-speaks-like-season
50. dear-son-dear-daughter
51. pillars-of-self-mastery
52. how-to-live-life.html
53. two-great-days.html
54. hard-reality-of-life.html
55. cute-thought.html
56. good-relationships-are-like-trees.html
57. do-or-die-is-old-saying.html
58. friend-is-reliable.html
59. brain-damaging-habits.html
60. buling-your-life.html
61. nail-in-fence.html
62. to-enhance-your-concentration.html
63. roap.html
64. do-you-know-about-your-kidney.html
65. bitter-truth-of-life.html
66. thats-life.html
67. dont-hurt-anyone.html
68. steps-to-happiness-success.html
69. to-z-action-plan-for-stress-management.html
70. nature-is-art-of-god.html
71. earnosethroatteethcare.html
72. what-nature-delivers-to-us.html
73. breathing-therapy.html
74. nature-gift-of-god.html
75. i-am-one-of-7.html
76. dont-expect-life-to-be-fair.html
77. exercise-and-fitness.html
78. spark-of-nature.html
79. important-tips.html
80. never-waste-apportunity.html
81. health-importantant-tips.html
82. personality-devolepment-thoughts_22.html
83. good-habit-life-of-way.html
84. habit-of-punctuality.html
85. yoga-important-for-health.html
86. yogasana-important-for-health-ii.html
87. strength-of-good-habits.html
88. relationship-improvement.html
89. science-of-yoga.html
90. ancient-vedic-hymns.html
91. number-of-magic.html
92. beautiful-quote.html
93. never-try-to-examine-relationship.html
94. history-of-zero.html
95. gym-exercises-weight-training.html
96. discovery-of-madhavacharya.html
97. bhaskaracharya-discovery.html
98. thought-of-fire.html

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