The 9 step decision making modelStep 1 - Identify your objective
What is it you wish to achieve?
Step 2 - Do a preliminary survey of your options
Besides the most obvious choices available to you, what other kinds of options can you think of?
Step 3 - Identify the implicated values
What values are at stake here? If it's an easy or unimportant decision you may not necessarily do this step. But if the decision has a major impact on your wealth, your health or self-respect, then it's useful to be aware of it.
Step 4 - Assess the importance of the decision
The importance of the decision will determine how much you invest in it in terms of time, energy and money. The importance is determined by examining the implicated values.
You may also have to consider the context here as well, a different situation or environment can mean that a decision that is often not very important can become very significant.
Step 5 - Budget your time and energy
Having identified the main alternatives and the values, now decide on which time and energy to spend making the decision itself. More important decisions are given more time and energy. He suggests that busy people and nervous wrecks made worse decisions than other people.
Step 6 - Choose a decision making strategy
This step of the 9 step decision making model involves making another decision. The time and energy you plan to devote will affect the strategy you choose.
And because the strategy you choose may profoundly affect your decision it's important to choose an appropriate one. (He examines some decision making strategies in chapter 2)
Step 7 - Identify your options
When you examine your options in more detail you may discover other options with different implicated values. He points out that occasionally you may have to go back to step three to five and make revisions.
Sometimes outside expertise may be able to provide options that you haven't thought of.
Step 8 - Evaluate your options
This is where you compare the options available to you. Again he suggests that seeking advice from an expert is often easier than making the decision on your own.
Step 9 - Make your choice - on time, on budget
When you're finished doing the evaluation (only as much as it requires!), you make your choice. He notes that people may still have difficulty at this stage because they fear the consequences of making a bad decision.
They have about the same steps on choosing your descion by identifing your possibilties. It has more options than the GREAT descion making model. The diffrence is that this one has nine stpes and the GREAT has five. I think this one is better beecuase it has more steps in making your descion.
Steps in a rational decision making model
Define the situation/decision to be made
Identify the important criteria for the process and the result
Consider all possible solutions
Calculate the consequences of these solutions versus the likelihood of satisfying the criteria
Choose the best option
This one is similar because you have to think about what your descion is. It is diffrent becuase it is shorter than the GREAT model. I think the GREAT model is better because it is a little more in depth.
All these models seem to be named after the number of steps in the model. Original. I think that nine steps is the longest i've seen.
ReplyDeleteI have seen the nine step model before. I think it is a little long for a decision making model. I also used the Rational model in my blog. I think it is a really good model and like the GREAT model. Nice job Patrick.
ReplyDeleteI agree that the 9 step model is a little long and intense. I just don't think a 9 step model is practical for everyday use.
ReplyDeleteGood blog Pat. The 9 step model was a little long and personally I would not use it. But you were right in saying the GREAT model was more in depth than the other shorter model. Very informative.
ReplyDeleteThere are so many steps!! I think this model is a good guide, but not many people have that much time to weigh their options and make their decision. This process definitely goes above and beyond, but other models such as PMI or GREAT just cut to the chase. Nice Job, keep up the good work. :)
ReplyDeleteAlthough details are usually helpful, I did not really care for the amount of details in this process. Remembering nine steps at one time is a lot, especially when making the decision is supposed to be the actual hard part of the decision making process. I think the majority of these steps are common sense, and could be summed up into a lesser quantity very easily. I give you props for finding such an intense process and writing a great summary, but I do not feel that I will all nine steps of this process very often in the future.
ReplyDeleteI agree with just about everyone's comments about how there are a lot of steps. I also think that some of the steps can be put together. For example steps 3 and 4 go hand and hand. At least for me, I do not think that this is the best decision making model.
ReplyDeletePatrick, I definitely agree with Step 3. Many people become caught up in the moment, and never really step back and considered what is at risk if this decission dooesn't turn out as expected. I really like this blog because it goes into so much detail, and although I think for minor issues this may not be useful, for a tough decision or conflict this would be a great method!
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