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

http://www.slideshare.net/moatazsamy/2779-smart-choices

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