Evaluating Alternatives: A Structured Decision-Making Approach PPT
This PPT slide, part of the 24-slide Ethical Organization: PLUS Decision Making Model PowerPoint presentation, outlines the third step in a decision-making framework, specifically focusing on evaluating identified alternatives. It emphasizes a structured approach to assess the potential positive and negative outcomes associated with each option. The description section highlights the importance of analyzing these alternatives thoroughly, ensuring that decision-makers consider both the benefits and drawbacks.
The approach section presents 3 key actions. First, it stresses the need to distinguish between established facts and assumptions, which is crucial for making informed decisions. Next, it advocates for a fact-based evaluation to assign a confidence score to each alternative. This quantitative measure aids in comparing options more effectively. Finally, the slide underscores the necessity of not only predicting potential results, but also assessing the likelihood of those results being realized. This dual focus on outcomes and their probabilities is vital for sound decision-making.
The PLUS application section introduces ethical considerations into the evaluation process. It prompts decision-makers to assess whether the alternatives address any ethical violations identified in the PLUS framework. Questions posed include whether the chosen alternative resolves existing ethical issues, if it introduces new ethical considerations, and whether the trade-offs involved are acceptable. This integration of ethical analysis adds depth to the evaluation process, ensuring that decisions align with organizational values.
Overall, the slide serves as a guide for executives to navigate the complexities of evaluating alternatives, balancing factual analysis with ethical implications. It encourages a thorough and responsible approach to decision-making, ultimately leading to more confident and informed choices.
This slide is part of the Ethical Organization: PLUS Decision Making Model PowerPoint presentation.
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