18 Nov Data Informed Decisions

Order Instructions

Directions

First, choose at least two rational decision-making models appropriate to the scenario. Then, make the decision of which models best apply to the decision-making details in the supporting document. Using the tools or framework provided by the decision-making models, make an initial decision. Use a format that makes the most sense for this; different formats (e.g., flowchart, bullets) work better for different models. You will need to explain your decision-making rationale (process). Finally, you will need to include how irrationality, people, and other considerations change the output of one of the rational decision-making models.

The managers are keenly interested in what information was included in the decision-making process and what you deemed extraneous. Make sure to include how you parsed the information into “important” and “not important” categories for both rational decision-making models.

Label each step of both rational decision-making models as you apply them to the scenario. Additionally, clarify what information you are using, or what smaller decision is made in each step.

Of particular interest to the managers will be your rationale for decision making and the process you used. To ensure the managers fully understand your process and decision, include the following:

Describe places of convergence and divergence in the processes as well as, perhaps, the final decisions of each rational decision-making model.

As needed for clarification, elaborate on the importance of the divergences and which model produced the best choice in your opinion, adopting one or more technologies—or not.

Because your new owner believes in taking as many variables into account as possible, amend the initial “rational” decision in some way that shows nonrational decision-making factors were taken into consideration. Some possible enhancements may relate to time, scope, or cost. While working, closely consider the following:

Include whether there is information needed that is not provided, and how that may influence the decision.

Include any discrepancies between one or both rational decision-making models and the more flexible nonrational models.

Include what aspects you considered that weren’t included in the rational models.