Smart Choices: A Practical Guide to Making Better Decisions

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Smart Choices: A Practical Guide to Making Better Decisions

Smart Choices: A Practical Guide to Making Better Decisions

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Authors Hammond, Keeney, and Raiffa, among the world’s experts on resolving complex decision problems, have created a user-friendly set of techniques for assessing your options more clearly and effectively, ultimately empowering you to make smarter choices. Their step-by-step procedures combine solid research which practical experience and common sense to help you specify your objectives, identify creative alternatives, make reasoned tradeoffs, clarify uncertainties, and evaluate the risks. The PrOACT decision making model provides a systematic approach for making decisions. It consists of eight elements that will help you make better decisions when worked through systematically. The LGCA has recently updated the Smart Choices Liquor Service and Retail Certification program. Please scroll below for some common frequently asked questions.

The authors present a clear process and a set of easy-to-use techniques for making smart choices. They show you what you need to consider in evaluating your options and the steps you need to take to arrive at the smart choice. The essence of the approach is divide and conquer: break your decision into its key elements; identify those most relevant to your decisions; apply some hard systematic thinking; and make your decisions. The approach is proactive, encouraging you to seek out decision-making opportunities rather than wait for problems to present themselves. Crunch&Sip may be done at the same time for all classes or individual teachers may decide when it best suits their class. Crunch&Sip doesn't have to be a break where students stop work, it can be done as students continue on with their work and can be done inside or outside the classroom. Schools may also choose to call the program a different name such as Munch&Crunch or Brain Break - whatever works for you!Fact: All smart meters offer the same smart functions to customers. Some first generation smart meters may lose some smart functionality if consumers switch. This issue is only temporary however and all smart meters will retain their full capabilities when they are enrolled into the national wireless smart meter network. The upgrade will begin by the end of 2018 and will happen automatically without the consumer needing to do anything. Myth 7: Consumers with poor mobile signal can’t get a smart meter We have found that even the most complex decision can be analysed and resolved by considering a set of eight elements. The first five— Problem, Objectives, Alternatives, Consequences, and Tradeoffs—constitute the core of our approach and are applicable to virtually any decision. The acronym for these—PrOACT—serves as a reminder that the best approach to decision situations is a proactive one. … The three remaining elements—uncertainty, risk tolerance, and linked decisions—help clarify decisions in volatile or evolving environments. Suitable for children ages 12+, this audiobook contains relatable and practical examples of typical decisions kids encounter, with helpful tips and strategies for making good choices, including social decisions, problem solving, peer pressure, ethical choices, and impulsive decision-making. This framework can help you make better decisions. Of course, sometimes good decisions go wrong. A good decision, however, increases the odds of success.

Identify the criteria. Most decisions require you to accomplish more than one objective. When buying a car, you may want to maximize fuel economy, minimize cost, maximize comfort, and so on. The rational decision maker will identify all relevant criteria in the decision-making process. Fact: Over 400,000 smart meters are being installed every month and 13.8 million are already operating across Great Britain as of 31 December 2018. (4) Over the next 12 months energy suppliers will continue to ramp up their second generation meter installations. Myth 9: Smart meters can turn off your fridge without you knowing Fact: No they can’t. It will always be up to consumers to decide when to use their appliances. In the future smart meters will allow consumers to be rewarded when they use appliances at times when energy is cheaper. Myth 10: Smart meters mean suppliers can charge higher prices without you knowing As parents, we know that helping our children develop essential decision-making skills can be challenging. Kids often struggle with making thoughtful choices, leading to frustration and indecision. And in today's fast-paced world, teaching them the art of making smart choices is more critical than ever. Smart meters also communicate directly with your energy supplier meaning you will get accurate bills and only pay for what you use without the hassle of providing meter readings yourself or taking time out of your day to let the meter reader in.Consider linked decisions. What you decide today could influence your choices tomorrow, and your goals for tomorrow should influence your choices today. Thus many important decisions are linked over time. …



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