decision making. how do you make decisions? n if you’re failing to plan, you’re planning to...
Post on 03-Jan-2016
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Decision Making
How do you make decisions?
If you’re failing to plan, you’re planning to fail…
Most people don’t plan to fail; they just fail to plan
Decisions that will affect the rest of your life should be make carefully and logically.
The decision making process A Seven-Step Process
1. Define your needs/wants
2. Analyze you resources
3. Identify your choices
4. Gather information
5. Evaluate your choices
6. Make a decision
7. Plan to reach your goal
Buying a Car...
You need a car You want a nice car
STEP ONE: Needs/Wants
Buying a Car...
Resource = Money How much money do you
have? How much will you need to
save? How much car can you
afford?
STEP TWO: Analyze your resources
Buying a Car...
How much car can you afford? Can you afford a new car, or will you look for
a used car? Where can you look? Make a list of possibilities.
STEP THREE: Identify your choices
Buying a Car...
Go to several car dealerships and see what is available.
STEP FOUR: Gather Information
Ask around to see if anyone knows of anyone selling a car.
Take test drives
Check the classified ads for listings on car sales.
Buying a Car...
Review your findings. Consider your
choices. Determine which
factors are most important to you.
STEP FIVE: Evaluate Your Choices
Buying a Car...
After considering your choices and what is available to you, decide which car would best fit your needs.
STEP SIX: Make a Decision
Buying a Car...
What steps do you need to take to actually buy the car?
Do you need to save more money? Do you need to take out a loan? Do you need insurance?
STEP SEVEN: Plan to reach your goal
Finding a Career...
1. Define your lifestyle needs/wants
2. Analyze your personal resources
3. Identify your career choices
4. Research your career choices
5. Evaluate your career choices
6. Decide on a career choice
7. Plan to reach your goal
Activity
You have won a $1000 gift card for Best Buy. How will you spend it?
Go through each step of the “decision making process” to explain how you made your decision.
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