TMC 411

DECISION-MAKING SKILLS

DR LANRE AMODU
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 INTRODUCTION
WHAT IS A DECISION?

It is the conclusion or resolution you

reach after considering options.

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 You make several choices
everyday

Care to share some of them?

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“There is a way which
seems right to a
man and appears
straight before him,
But its end is the way
of death.” Proverbs
14:12

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Choose

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More complex choices…

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• TANZANITE ($1,200
per carat)

• EMERALD
($305,000 per carat)

• BLUE DIAMOND
($3.93 million per
carat)
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Things are not always as they appear

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What is Decision-Making Skill ?

•The ability to select a logical choice

from the available options.
•The inner power that enables an
individual to identify and to choose a
course of action based on his/her
values preferences
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A good decision is the most:
1.Logical
2.Effective
3.Spiritual
4.Sustainable
5.Informed
6.profitable
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 Consequences of Poor Decision Making
Tiger Woods- Infidelity
Shareholder loss
caused by Woods's
affairs is estimated to
be between $5 billion
and $12 billion.
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Will Smith- Wild Wild West (1999)
• Turned down the role of Neo in 
The Matrix
• Wild Wild West was a 
commercial disappointment
• Nominated for eight Razzies and
won five, including Worst Picture
 and Worst Original Song
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DECISION-MAKING-Many groups meet to solve problems or
make decisions.
Standard Agenda: Developed by John Dewey. It
deals with reflective thinking which involves a
careful, systematic approach to a problem.

Groups who use reflective thinking to make their

decisions make use of a six-step guide called the
"standard agenda."
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Standard Agenda
1. Problem identification-
2. Problem analysis-
3. Criteria selection-
4. Solution generation-
5. Solution evaluation and selection-
6. Solution implementation-
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The Final Decision: There are many ways that a group can make a final
decision, decide on a solution, or come to agreement. The most popular
ways include:

Consensus: The group members all agree on the final decision through
discussion and debate.
Compromise: Through discussion and readjustment of the final plan,
group members come to agreement by giving up some of their demands.
Majority Vote: The decision is based on the opinion of the majority of its
members.
Decision by Leader: The group gives the final decision to its leader.
Arbitration: An external body or person makes a decision for the group.
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 Consequences of Good Decision Making
George Lucas – Star Wars
• Maintained the rights
• The franchise has been expanded
into films and television series, 
video games, novels, comic books, 
theme park attractions
• In 2020, its total value was
estimated at US$70 billion
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 Thank you

Questions? @lanreamodu