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Principle Based Decision Making Process
1. Define the Situation
• What are the facts?
• What are the issues?
• Who has the information?
• What are the needs of the Company? The individual?
2. Define the Stakeholders
• Who are the stakeholders and what is their input?
• Who is/will be affected by the decision?
• Who needs to be involved in the decision?
3. Determine the Guiding Principles
• What Core Values and Principles apply?
• What is the Company thinking/intent?
• What are the givens, laws or ethical considerations?
• What policies might apply?
• What is the intent of the policies?
4. Develop the Possible Solutions
• Check against the guiding Principles
• Assess the implications/impact
• Involve other expert resources, as appropriate