Decision Making Reflection Form
Directions: Select a high-stakes situation in which you must make a decision, or a situation in the past that required you to make a decision. Examples could include the decision to attend college, selecting your major, pursuing a graduate degree, playing collegiate sports, or a workplace related decision, etc.
Refer to the resources provided in this topic and apply the 7-step model to the situation you have identified and work through the decision-making process.
You are required to write 4-8 sentences for each step of the decision-making process.
Introduction: Provide any relevant context of the decision you need to make.
Step 1) Identify the problem for the decision
Step 2) Gather relevant information
Step 3) Identify the alternatives
Step 4) Weigh the evidence to support a decision
Step 5) Choose among the alternatives
Step 6) Take action
Step 7) Review your decision. Reflect on your decision as well as your expected outcomes and determine if the process was successful. Describe the results you were looking for. What did you learn that you can improve upon?
The Decision-Making Process
The previous topic addressed problem solving. This resource contrasts problem solving with decision making and highlights important steps in effective decision making.
Decision Making versus Problem Solving
Whereas problem solving involves the discovery of a correct response to a situation that is new and unique to an individual, decision making is the interpreting process that leads to the selection of a response from among a number of “known” alternative responses. Decision making, then involves the “weighing” of alternative responses to a situation in terms of their desirabilities, and the potential costs and payoffs (Career Development Service, 1976). Many decisions involve an element of risk, in that we seldom know if a given decision will lead to positive outcomes. The point is to make the best possible decisions of which we are capable – and to learn from our mistakes, as well.
Decision theory brings together psychology, statistics, philosophy, and mathematics to analyze the decision-making process. Descriptive, prescriptive, and normative are three main areas of decision theory and each studies a different type of decision making. Decision making can be regarded as the cognitive process of selection from two or more alternative choices. There are four consumer decision making models which are the economic model, passive model, cognitive model, and emotional model (Four views, 2014).
The Decision-Making Process
The 7 Step Decision Making Model was developed by Rick Roberts of the University of North Florida career services. It was designed for those who wanted a decision-making model to help with choosing a career path or deciding what to do about a job offer. An important factor in the model is information gathering (Roberts, n.d.).
Review the following resources for more information on the 7 Steps to Effective Decision Making: https://www.umassd.edu/fycm/decision-making/process/ and Decision-Making Model Analysis: 7 Step Decision-Making Model: https://www.studymode.com/essays/Decision-Making-Model-Analysis-7-Step-Decision-Making-Model-98357.html