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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

January 3rd, 2022

Six Thinking Hats technique: this article explains the Six Thinking Hats, developed by Edward de Bono in a practical way. After reading you will understand the basics of this powerful decision making method. What are the Six Thinking Hats?…

The Stepladder Technique

October 18th, 2021

The Stepladder Technique: this article provides a practical explanation of The Stepladder Technique. After reading, you’ll have a better understanding of how you can encourage individual participation in group decisions while using creativity. What is the Stepladder Technique?…

What-If Analysis

July 22nd, 2021

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. What is a What-If Analysis? All throughout the day, people make…

Ladder of Inference (Argyris & Senge)

June 22nd, 2021

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?…

Borda Count Method

June 13th, 2021

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. What Is the Borda Count Method? The Borda Count Method is a simple…

Decision Making Under Uncertainty

May 17th, 2021

In this article George Chacko, among others, describes the process of decision making under uncertainty, in a practical way. After reading it, you will understand the basics of this powerful decision making tool. What does decision making under…

ORAPAPA theory

November 17th, 2020

This article will explain the ORAPAPA theory in a practical way. After reading, you will understand the basics and importance of making the right decisions within the company. What is the ORAPAPA theory? It is important first to note that…

Business Experiments

February 24th, 2020

This article provides a practical explanation of various forms of Business Experiments. After reading, you’ll understand the basis of this supportive function for decision making, the various experiments, and the added value of experiments for both the organisation and the…

Hoy-Tarter Model of Decision Making

December 3rd, 2019

This article offers a practical explanation of the Hoy-Tarter Model of Decision Making. After reading, you will gain a better understanding on how best to select the right team members for the decision-making process. The main objective in…

Risk Impact Probability Chart

November 18th, 2019

This article provides a practical explanation of risk impact probability charts. After reading, you’ll understand the basics of this powerful decision-making tool. What are Risk Impact Probability Charts? A Risk Impact Probability Chart is a tool used to…

TDODAR Decision Making Model

November 4th, 2019

This article provides a practical explanation of the TDODAR decision making model. After reading, you’ll have a basic understanding of this powerful decision-making tool. What Is the TDODAR Decision Making Model? The TDODAR decision making model is a…

Reactive Decision Making

September 5th, 2019

This article provides a practical explanation of Reactive Decision Making. After reading this article, you will understand the basics of this powerful decision-making style. What is Reactive Decision Making? In order to understand what Reactive Decision Making is it…
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