Last week in class, we learned about the "GREAT" decision making model. It has you analyze the situation in 5 steps in order to pick the best decision. The book described this decision making process as follows:
Give thought to the problem. Do not impulsively make a decision. The consequences may not be rewarding and cause you to regret your decisions.
Review the choices. Come up with a list of ways to handle the situation.
Evaluate the consequences of each choice. This is the time to start thinking of what would the short-term and long-term consequences be if I choose choice A or if I choose choice B.
Assess and choose the best choice. Now, pick the choice that you feel is best for handling the situation.
Think it over afterwards. Reflect on the choice you made. Do you regret it? Could you have picked a better choice? Are you happy and know that you did the right thing?
Another decision making model I found was the "Pros and Cons" list. In this form of decision making process, you take out a piece of paper and divide it in half. One side says "Pros" at the top, and the other says "Cons." On the side that says Pros, you write all of the things that are good about your decision, and on the side that says Cons, you write all of the things that are bad about your decision. After weighing the pros and cons, you'll be able to see which decision is the best. However, this decision making process is really only good when you're making a decision with one choice. A decision with many choices and outcomes isn't a time for making a pros and cons list, because there is a lot of gray area in between; not everything can be labeled as a "Pro" or a "Con." Therefore, the GREAT process is probably a better way to make decisions than the Pros and Cons list.
The Third decision making process I discovered was the PLUS process:
Step 1: Define the problem
Step 2: Identify available alternative solutions to the problem
Step 3: Evaluate the identified alternatives
Step 4: Make the decision
Step 5: Implement the decision
Step 6: Evaluate the decision
I felt that the PLUS process was very similar to the GREAT process. However, the GREAT process is more efficient in the sense that it has five steps, but there really is no difference between them at all. You can't go wrong with either of the two processes.
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I agree. I feel that any dcision process works equally well, as long as it has the same basic core steps, becuase there are only so many different ways to make a decision.
ReplyDeleteKevin and Devin I agree with both of you, I have seen the PLUS model when I was searching for different models but my still favorite is the GREAT model.
ReplyDeleteI also agree with all three of you, and if you follow the steps of these, GREAT and PLUS, decision making, then you will be able to make a good decision every time as long as you make it carefully.
ReplyDeleteI agree; I think the Pros and Cons list is works great for making decisions. It is so easy and quick to make a pros and cons list, and it really gives you a chance to organize your thoughts. Then, by looking at each column, you can come to a decision.
ReplyDeleteNice job, Kevo. I found the same processes actually and agree with you. The GREAT process would work the best, because it is (for me) the easiest to understand. But all in all, all three processes would work in a time of need.
ReplyDeleteGood job Kevin,
ReplyDeleteI saw both of these while I was looking around for decision making models as well. However, I thought that in the end, the G.R.E.A.T. method was the best as well just due to the simplicity of it and the fact that when you are trying to make fast decisions, you'd be more likely to remember something that was concise.
Kevv. this is wonderfull. :)
ReplyDeleteIt seems like the PLUS decision making process one is really common. But I still agree with dmeach about the GREAT decision making process being the best one there is.
I agree with you that the G.R.E.A.T. model is the best. You organized your information very well and made good comparisons. Your blog was very easy to understand
ReplyDeleteZach, you have a good point. I agree with you Kevin that the G.R.E.A.T. model is the model I have discovered so far. Even after knowing of the method, your blog taught me a few great (no pun intended) facts. Good work Kev.
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