Step 3: Developing and evaluating alternatives
¾ For every problem or issue, various alternatives may be available
¾ Alternatives may include what type of facility will be build and where the facility will be
located
¾ Innovation and creativity play a major part in developing various alternatives
¾ Using groups to generate solutions could enhance this process
¾ The number of available alternatives identified is limited by time and money
¾ Each alternative should then be evaluated in terms of its strengths and weaknesses,
advantages and disadvantages, benefits and costs.
Step 4: Select the best alternative
¾ The decision is made at this step
¾ This step requires a manager to evaluate each alternative carefully against the goals and
criteria set during the second step
¾ Rank the alternatives in order of priority
¾ The manager’s experience, values, internal politics and so on influence his choice.