Eng Management
Eng Management
Eng Management
Submitted by:
Christian John Oguan
21-41237
Instructor:
Engr. Edwin S. Badiola, MSCM RMEE
June 20,2023
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TABLE OF CONTENTS
Title Page........................................................................................................................i
Table of Contents...........................................................................................................ii
Exercise................................................................................................................6
Question No.1................................................................................................6
Question No.2................................................................................................7
Reference...........................................................................................................................8
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LEARNING ACTIVITY 4.1 Decision Making Process
Question no. 1: Describe the eight steps in the decision-making process (Explain in not
less than 200 words)
In this step, pertinent data is collected from different sources. This may include conducting investigate,
gathering information, and looking for experiences from specialists or partners. The quality and
completeness of data incredibly impact the decision-making handle.
Once adequate data is assembled, it's imperative to create a run of potential decisions or choices. This step
empowers inventiveness and adaptability, permitting for differing arrangements to be considered.
After assessing the decision, another step is to choose the foremost suitable option. This choice is based on
the evaluation comes about, individual judgment, and the specified objectives or results.
Step 6: Weight the options picking the best of the bunch
Once the finest elective is chosen, the choice has to be put into activity. This includes creating a
point by point arrange, distributing assets, and allotting obligations to guarantee successful
execution.
Step 7: Implement the option that you choose
Amid the usage stage, it's pivotal to screen advance and audit the results. This permits for
alterations to be made on the off chance that essential and makes a difference in distinguishing
any deviations from the anticipated comes about.
Step 8: Evaluate Implementation process & revise as needed
The ultimate step includes reflecting on the decision-making handle and its results. Lessons
learned from the encounter are famous, and advancements are distinguished to upgrade future
decision-making endeavors.
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LEARNING ACTIVITY 4.2 Four Ways of Decision Making
Question no.1: Explain the four ways managers’ makes decisions. (Explain in not less
than 200 words).
Bounded rationality: Bounded rationality recognizes that managers have cognitive limitations, time
limitations, and deficient information. Rather than pointing for an ideal arrangement, managers satisfice by
selecting the primary elective that meets the least necessities or "great sufficient" criteria. Bounded
levelheadedness permits for faster decision-making in circumstances where comprehensive investigation
isn't attainable.
Evidence-based management (EBM) is an approach that emphasizes the utilize of observational prove
and investigate discoveries to illuminate administrative decision-making and hone. It includes the precise
and explicit utilize of the most excellent available evidence from different sources, counting research
studies, information investigation, and organizational information, to make informed and compelling
management decision
.
Getting to be a great decision maker requires a few key qualities and aptitudes. Firstly, it's vital to have a
clear understanding of the issue or circumstance at hand. This includes gathering important information,
analyzing it, and distinguishing potential options. By having a comprehensive understanding, one can make
well-informed decisions.
Furthermore, basic considering abilities are pivotal. This includes evaluating the pros and cons of different
choices, considering potential dangers and results, and considering consistently and objectively. Basic
considering permits for careful investigation and makes a difference in making levelheaded choices.
Besides, great choice creators have the capacity to oversee feelings viably. Feelings can cloud judgment
and lead to rash or one-sided choices. By keeping up passionate control and objectivity, one can make
decisions based on reason and prove.
Moreover, great choice creators are open-minded and willing to consider distinctive viewpoints. They look
for input from others, esteem differing conclusions, and weigh diverse perspectives some time recently
coming to a conclusion. This advances a more comprehensive decision-making handle and diminishes the
probability of ignoring critical data.
In conclusion, a great decision maker is somebody who takes obligation for their decisions. They are
willing to memorize from mistakes, adjust their approach in the event that required, and take responsibility
for the results. This advances a development mentality and permits for continuous improvement in
decision-making abilities.
Getting to be a good decision creator may be a ceaseless handle that requires hone, self-reflection, and a
commitment to individual development. By sharpening these qualities and aptitudes, one can improve their
decision-making capacities and accomplish way better results in both individual and proficient settings.
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EXERCISE
Question no.1: For one week, pay close attention to the decisions you make and how
you make them. Write a description of five of those decisions using the steps in the
decision-making process as your guide. Also, describe whether you relied on external
or internal sources of information to help you make the decision and whether you think
you were more linear or nonlinear in how you processed that information. (Based your
paper content on the rubric which will be provided)
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That day I realized that it was to calmy talk to her and ask everything and release all the
negative emotions within her that will calm her and remove that tension on her mind , so I
then realize what’s the most important of all that day.
Question no.2: When you feel you haven’t made a good decision, assess how you
could have made a better decision. (Based your paper content on the rubric which will be
provided)
When I feel I haven’t made a good decision in some scenario it can make everything worse or I easily
regret the decision that I make, I always look back at things and ask myself “what if “questions I
made in my mind by having a good decision I am contented with what I made and confident on the
future outcome of everything I made, I’m not anxious on everything when I make a good or better
decision and when I analyze the problem and scenario carefully , I know I will make a good decision
to make that will lead me to a better future, because every decision leads to a different outcomes
that’s why we need p roper thing and critical thinking in making decisions.
When I know I haven’t made a better decision I just need to apply the 8 steps in decision making so
that I can further improve myself as a person and making my life better by applying these 8 decisions
making steps which are:
REFERENCES
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Rousseau, D. M., & McCarthy, S. (2007). Evidence-based management: From theory to practice in health
care. The Milbank Quarterly, 85(2), 345-378.
Robbins, S. P., Coulter, M., & DeCenzo, D. A. (2017). Fundamentals of management. Pearson.