Please answer the following questions for BMGT Decision Making

Activity #1: ;After reading the Wise Decision Maker, Chapter 11 of Smart Choices, what 3 insights would you offer to a person who was just promoted to a decision-making role in a firm? ;

Read

Chapter 11: ; The Wise Decision Maker

Activity #2: ;Explain how you will use 3 course tools in future workplace decisions based on our course materials and Learning Activities (LAs).

Over the past eight weeks, we have learned powerful tools to become a wise decision maker. ; The PrOACT model has provided a systematic approach to:

The ;PrOACT ;model has provided us a systematic approach to:

• Address the right decision problem ;(Pr).
• Clarify the objectives ;(O) ;- considering needs of key stakeholders .
• Develop a range of creative alternatives ;(A) ;- both creative and routine
• Understand the consequences of each alternative.(C)
• Make appropriate trade-offs among conflicting objectives ;(T) ;as we:
• Create unweighted / weighted decision matrices or use even swap as decision aids
• Deal sensibly with uncertainty.
• Take account of your risk-taking attitude /preferences
• Plan ahead for future linked decisions ;