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Decision Making

Decision Making is an management approach and process of selecting the most logical choice from the available options to create the best situation.br />

Decision Making is an management approach and process of selecting the most logical choice from the available options to create the best situation.br />

Making decisions is a common thought process within modern management. Every professional or manager makes hundreds of decisions in the challenging environment where he or she works.

It is an important process because he or she has to determine both organizational and managerial activities and priorities, based on their time, resources and other influential variables.

Decisions on management level are important because they often are related to business activities, organizational functioning and business goals. There have been lots of scientific and practical studies on the process from a learning point of view.

What are the most known and used models and methods? What are their success stories and practical tips when you apply these? These posts are all about great theories, methods and famous tools and can help you to achieve your goal or understand certain aspects of made decisions.

Six Thinking Hats Technique: Types and Examples

November 15th, 2022

Six Thinking Hats technique: this article explains the Six Thinking Hats, developed by Edward de Bono in a practical way. This article contains the general definition of the Six Thinking Hats, examples and practical tips. After reading you will…

BATNA Negotiation: Definition, Process and Example

November 10th, 2022

BATNA Negotiation: this article explains the BATNA Negotiation in a practical way. After reading it, you will understand the basics of this powerful decision making and negotiation method. This article contains the defintion of BATNA in negotiation, the process and…

What-If Analysis: Definition and Example

November 9th, 2022

What-If Analysis: this article explains the What-If Analysis or Scenario Analysis in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool. We cover what a What-If Analysis is, give you an example…

Borda Count Method: Example with Solution

November 8th, 2022

Borda Count Method: this article provides a practical explanation of the Borda Count Method. After reading, you’ll understand the basics of this powerful decision-making tool. This article contains a general explanation of the Borda Count Method, What Is…

OODA Loop (Boyd): Definition and Examples

October 25th, 2022

OODA Loop: this article describes the concept op the OODA Loop, developed by John Boyd in a practical way. After reading you will understand the basics of this powerful decision making process tool. This article contains a 1-minute Skill…

Delphi Technique

September 14th, 2022

Delphi Technique: this article describes the theory and concept of the Delphi Technique, developed by RAND Corporation in a practical way. After reading you will understand the basics of this powerful decision making and problem solving tool. What is…

Decision Tree Analysis

September 14th, 2022

Decision Tree Analysis: this article describes the Decision Tree Analysis in a practical way. After reading you will understand the basics of this powerful decision making and process analysis approach. This article also contains a downloadable and editable Decision Tree…

Ladder of Inference (Argyris & Senge)

July 18th, 2022

Ladder of Inference: this article explains the Ladder of Inference by Chris Argyris and Peter Senge in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool. What is the Ladder of Inference?…

Vroom Yetton Jago Decision Model

July 4th, 2022

Vroom Yetton Jago Decision Model: this article provides a practical explanation of the Vroom Yetton Jago Decision Model. After reading this article, you’ll understand the basics of this powerful decision making What is a Vroom Yetton Jago Decision Model?…

Blindspot Analysis

March 3rd, 2022

Blindspot Analysis: this article explains the Blindspot Analysis in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool. What is a Blindspot Analysis? The Blindspot Analysis uncovers dangerous, incomplete, incorrect and outdated…
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