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 5. Make Decisions • Assess possible solutions against guiding Principles • Choose among alternatives 6. Implement the Best Solution • Work out timing • Apply any procedural guidelines/considerations • Implement in the context of relevant Core Values/Principles with the appropriate stakeholders 7. Follow Up • Did our decision achieve the desired outcome? • What did we learn? • How can we re-apply this learning? • What else do we need to do? 1/11/99 . Principle Based Decision Making Process 1. Define the Situation • What are the facts? • What. be affected by the decision? • Who needs to be involved in the decision? 3. Determine the Guiding Principles • What Core Values and Principles apply? •