All entries for Saturday 19 March 2011

March 19, 2011

The most important learning from RDM

From the RDM module the most important learning for me was that it made me aware of the fact that every decision making process and every decision has a bias. The degree of bias varies. What we can do is that we can try to reduce the bias in the decisions that we make but eliminating them is not possible. Simply being aware of this thing will help me improve my decision making as I'll question my decisions, not stick to the decisions that feel right, help me appreciate the importance of considering different perspectives and not stick to my decision just because i have made it.   

Simple tools vs complex tools

The decision tools that we used in the mini project were relatively simple. We used the decision tree, Grid analyses and Swot analyses for making the major decisions. After seeing the presentations of other people we realized that they went more in depth than us used relatively more complex tools. The feedback of our presentation was also that we analyzed the problem in a simple way.

Basically we kept things simple and didn't try using those tools which we found difficult. We used only those tools about which we felt confident. Whether it was right or wrong is what we'll explore more in depth in the PMA. What I can say now is that there are two sides of the argument. Simple tools can keep things simple and reduce bias in arriving at the decision but might miss some important details. On the other hand complex tools can explore the problem in more depth but might introduce more bias in the decision making.   

Different groups…...different decisions…...different results

All the groups presented yesterday and a lot of interesting things came out of the presentations. Different teams came up with different decisions and the recommendation for Waveriders. 3 teams decided to produce at Exmouth, 3 at Lymington and 2 to produce at both. All the teams used a different mix of tools. It was interesting to see the way that these tools were implemented by the different teams. Teams made different assumptions for the tools and the way they were implemented was also different. Same tools lead to different results.

Overall the results of the presentation closely resembled to what happens in the real world. People have different preferences, they make different assumptions and they have different ways of seeing problems. Hence the decisions that they come up with is also markedly different from each other. There is not one right answer to a problem and hence it is important to see and appreciate the perspectives of different perople. It can help a person see the problem from different angles. A person should keep his mind open to all the perspectives. By looking at different perspectives, a person can understand the problem in more depth. A better understanding of the problem can help the person revise his own decision for the better.     

March 2011

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