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Jul 1, 2012

Patterns in decision-making



I have been trying to analyse the patterns that run in the mind when it comes to decision-making and it boils down to just a few-









Classification - Putting the facts on hand or the previous experiences into separate boxes. We might also be classifying the anticipated responses to a decision. 


















Prioritisation - Giving the inputs to decision-making and the possible outcomes varying levels of importance. Figuring out which of them has to be worked on and what has to managed or ignored.










 








Connections- Might seem a contradiction of classification, but the mind seeks to interconnect or link these distinct elements. 

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Environment - Looking for the environmental factors which have an influence on the decision.And also how the key element has a bearing on the environment. The environment gives the historical footprints of the key element in question. What impact has one element on other. What are the relationships and counter-relationships?  















Incrementalism -  Lastly, we would want the decision-making to take cognisance of the present and would generally go for incremental change. The concept of sunk cost generally influences the process of decision-making. Evolutionary approach, ensures a sense of continuity with what generally works.


Is there more to it? Any thoughts?  I am all ears.. 










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7 comments:

  1. ChinmayiJuly 22, 2012 at 1:01 AM

    Ha ha ha! Param was sooo ooo right! Post the graphs and maps too :)

    ReplyDelete
  2. Rajesh HanbalAugust 4, 2012 at 11:08 PM

    Chin,

    This is not something specific about me, but a more a generic analysis :P

    But yes, I have been doing the surveys, 360-deg feedbacks and plotting pie-charts on my leadership style. Haven't got to maps yet! :P

    ReplyDelete
  3. SrinidhiAugust 6, 2012 at 12:04 PM

    I like this post. But despite what people say, I think intuition is very important. :) nothing beats the gut feeling. :)

    ReplyDelete
  4. Rajesh HanbalAugust 6, 2012 at 11:02 PM

    Nidhi,

    Agree! The attempt of this post is to understand the rationality behind intuitive thought processes.

    And yes, there would certainly be some extra-rational elements without which human life would be so damn boring! :)

    ReplyDelete
  5. Aparna KalleyAugust 9, 2012 at 8:33 PM

    Ha ha ha ha.. interesting to see each heading depicting a different picture ;) My advice is - dont get caught on 'what your leadership style is and how to map its impact or limitations' but relax - gauge the situation and people - how responsive are you? to the situation and to the people, sometimes these two will go up and down based on what is required at the end of the day - which one to hold when and which one to drop when is something that only you can decide based on the core values you and your team have set :) ok started lightly and it is becoming huge - so all the best - balance between preoccupation with the self and negation of the self and ya .. I think I can never finish this response at this rate :( all the best yaar

    ReplyDelete
  6. Rajesh HanbalAugust 13, 2012 at 7:44 PM

    :) As I already said, this was not meant to be a take on my personal leadership style.

    But, your point is well taken. Situational style of leadership matters. The biggest difficulty perhaps lies in arriving at a common perception of what the situation is and why we do what we do.

    You seem to be well set in the OCFP mood which is very good! Thanks for your wishes. :) And I can almost hear your "ha ha ha ha!" ; even visualize it, though I still miss it. :(

    ReplyDelete
  7. Aparna KalleyAugust 16, 2012 at 3:36 PM

    Whenever you want to hear ha ha ha please come home :) I miss you too

    ReplyDelete

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