NARMADA
COLLEGE OF MANAGEMENT
DISCUSSION
FORUM
“Good decisions come from experience, and
experience comes from bad decisions.” -
Anonymous
The
Discussion Forum at Narmada College of Management met on 13th
August, 2021. The session was about Decision Making.
Decision
making is often a difficult task for many of us. We all make decisions all the
time, ranging from routine issues like what to wear, what to eat for lunch, up
to the most critical decisions of life like where and what to study, where to
work and whom to marry.
In simple
words, decision making means to choose between two or more courses of action.
In the context of problem solving it involves a choice between possible
solutions to a problem. Some people avoid making decisions by endlessly
searching for more information or getting other people to offer their
recommendations. Others resort to decision-making by taking a vote or tossing a
coin.
However decision
making is a thoughtful process and decisions can be made through either an
intuitive or reasoned process, or a combination of the two.
Dr. Shah had
three questions for all the participants to think upon.
1. What are the
problems and issues in decision making?
2. In your life
which is the best decision you have taken so far? Which decision you regret the
most?
3. What are the
important decisions managers are required to make in their respective domains?
Each
participant gave
their respective response on the above questions.
The topic for next Discussion
Forum is Active Learning Pedagogy.
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