A Study of Digit Recognition and Decision Making Tool for Managers

COMPUTER SCIENCE

Approaches to decision making can be quite diverse, ranging from classical, rationalistic, decision making processes to a less structured, intuitive, decision making style. Rational decision making processes consist of a sequence of steps designed to rationally develop a desired solution. Intuitive decision making is almost the opposite, being more instinctive, subjective and subconscious in nature. One of the principle assumptions of the rational decision making process is that human beings make rational decisions. However, this is not always the case! There are usually wide ranging factors which determine our decisions, many of which are not rational. This is especially so when we remember that management is about dealing with people. In addition, many situations require decisions to be made with incomplete and/or insufficient information. Often management requires quick decision making, or judgements made under pressure. It is in this context that a more intuitive approach often develops. All except the most mechanistic of rational decisions must include some element of subjective judgements. Our decisions are based on judgements which are affected by a range of factors including our experiences, values, attitudes, and emotions. Judgements heuristic decision making uses simple rules and approximate short cuts to help us arrive at decisions. Drawing particularly on our experiences and attitudes, it does this by helping us to cut through the excessive information that can overload and delay decisions.

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