Decision Making Archives

Decision Making

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

Decision Making 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 Decision Making processes 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 decision making tools and can help you to achieve your goal or understand certain aspects of made decisions.

Reactive Decision Making

by Alexander ZeemanDecision MakingSeptember 5, 2019

Reactive decision making is associated with making quick or immediate decsions under pressure. These decisions occur in business but also in everyday life.

Futures Wheel by Jerome Glenn

by Patty MulderDecision MakingAugust 16, 2019August 19, 2019

The Futures Wheel is a method for graphically developing a visualisation of direct and indirect future consequences of a certain change or development.

BATNA Negotiation

by Patty MulderDecision MakingJune 28, 2019June 28, 2019

BATNA (Best Alternative To a Negotiated Agreement) is about having an alternative agreement in place when other negotiations fail to reach an agreement

Vroom Yetton Jago Decision Model

by Ben JanseDecision MakingDecember 21, 2018February 13, 2019

The Vroom Yetton Jago Decision Model is a model for decision-making that’s based on situational leadership. The model can be used by everyone, irrespective of rank or position and helps to choose the right management style in various decision situations.

Impact Analysis (IA)

by Patty MulderDecision MakingDecember 5, 2018December 5, 2018

This article explains the Impact Analysis in a practical way. After reading it, you will understand the basics of this powerful decision making method. What is an Impact Analysis? In…

Multiple Criteria Decision Analysis (MCDA)

by Ben JanseDecision MakingAugust 26, 2018December 4, 2018

This article provides a practical explanation of the concept of Multiple Criteria Decision Analysis (MCDA). After reading it, you will understand the necessity and the benefits of Risk Analysis. What…

Risk Analysis

by Ben JanseDecision MakingAugust 12, 2018July 9, 2019

Risk Analysis helps organisations to map the threats, following which possible suitable measures are taken. Read more about this powerful management tool.

Decision Matrix Analysis

by Patty MulderDecision Making TemplatesJune 26, 2018August 27, 2019

The Decision Matrix Analysis is a simple answer to ensure that, when making the best decision, all these different factors are taken into account.

Linear Programming

by Patty MulderDecision MakingJune 18, 2018June 18, 2018

This article explains Linear Programming in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool. What is Linear Programming? Linear programming is…

Monte Carlo Simulation

by Patty MulderDecision MakingJune 13, 2018June 13, 2018

This article explains the Monte Carlo Simulation in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool. What is the Monte Carlo…

Decision Making

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