Formal Operations Decision-making By Anthony J. Fejfar, B.A., J.D., Esq., Coif © Copyright 2009 by Anthony J.

Fejfar Following Formal Operations Theory in Management, there is an interesting method for making decisions which is better than ad hoc decision-making. If you are planning for the future, you should first, try to develop three or five alternative plans for the future. So, for example, I have to decide what to do with my Saturday afternoon,

and it is Friday night and I am thinking about it. So here are several planning options: 1 Plan I 2. Plan II 3. Plan III Go to the Grocery Store Go to a Local Baseball Game Go Golfing

For each plan you must then develop a list of positives (pro) and negatives (con) and then compare and contrast the positives and negatives with each plan. So, with respect to the above: Plan I Grocery Store Pro Food at home Con Plan II Ball Game Pro Con Pay Money $15 Out to eat Social Out to eat $20 Out to eat Social Plan III Golfing Pro Fun Con Pay Money $25 Out to eat $20

Pay Money Fun

Dinner at home Boring $25

Go with Boss Possible raise

Go with Boss Exercise Possible raise

Considering the foregoing three plans, Plan I costs the least but is less fun, less social. Under Plan I you eat at home by yourself. Under Plan II, you have fun, socialize, and, you go with your boss which might help you get a pay raise. The Con is that you pay $35 and you may not enjoy spending time with your boss. Under Plan III, you have fun, socialize, exercise, and you might get a raise from your boss. The Con of Plan III is that you spend time with your boss and the cost is $45. Considering all three Plans it is apparent that you must choose between Lower Cost with Plan II, and Exercise with Plan III. There is close to a tie here, so you must then look for some additional factors such as a hard seat at the baseball game and a crowded golf course on the weekend. I would choose the Baseball Game because I really hate playing Golf on a crowded course, it takes the fun out of it. I have chosen a simple example, here, of course it is more likely that you would engage in this type of analysis in choosing a job, a career, a school, or future business plans. Finally, if you are doing military planning, you should assume that there is a spy in your camp as matter of course. You develop three Plans and begin to implement all three at once and wait for the enemy response, and then re-evaluate. You then reifinforce the primary plan with reserves that you use at the last minute and use the other two plans as a diversion.

Related Interests