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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.

BATNA Negotiation

January 31st, 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. What is BATNA Negotiation? Wherever (commercial) deals are made, negotiation takes place…

Delphi Technique

January 31st, 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…

Analytic Hierarchy Process (AHP)

January 31st, 2022

Analytic Hierarchy Process: this article describes the Analytic Hierarchy Process by Thomas L. Saaty in a practical way. After reading you will understand the basics of this powerful decision making tool. What is the Analytic Hierarchy Process? It is not…

Recognition Primed Decision Making (RPD)

January 31st, 2022

Recognition Primed Decision Making: this article explains Recognition Primed Decision Making in a practical way. After reading it you will understand the basics of this powerful decision-making tool. What is Recognition Primed Decision Making? Recognition Primed Decision Making (RPD) is…

Ladder of Inference (Argyris & Senge)

January 31st, 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?…

What-If Analysis

January 31st, 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. What is a What-If Analysis? All throughout the day, people make…

Critical Thinking

January 26th, 2022

Critical Thinking: this article describes the Critical Thinking in a practical way. After reading you will understand the basics of this powerful type of decision making. What is Critical Thinking? Nowadays, we are bombarded with information from social media…

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?…

Decision Tree Analysis

February 27th, 2017

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 Analysis template. What…
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