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Decision Making

Decision Making can be defined as a management approach and process of selecting the most logical choice from the available options to create the best situation.

Decision Making can be defined as a management approach and process of selecting the most logical choice from the available options to create the best situation.

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.

OODA Loop by John Boyd explained

February 28th, 2024

OODA Loop process: this article describes the concept of the OODA Loop process, developed by John Boyd in a practical way. Next to what it is (meaning and theory), this article highlights the improatcne of interaction with environment, the…

Business Experiments: Steps and Examples

February 20th, 2024

Business Experiments: 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…

Cynefin Framework (Snowden)

November 11th, 2023

Cynefin Framework: this article explains the Cynefin Framework, developed by Dave Snowden and Mary E. Boon, in a practical way. The article starts with general theory of this framework, followed by an example of contexts in which this…

Decision Matrix Analysis

November 11th, 2023

Decision Matrix Analysis: this article explains the Decision Matrix Analysis in a practical way. After reading it, you will understand the basics of this powerful decision making method. This article also contains a downloadable and editable Decision Matrix Analysis template.…

Risk Impact Probability Chart

September 29th, 2023

Risk Impact Probability Chart: this article provides a practical explanation of risk impact probability chart. Next to what it is, this article also highlights what this chart shows, the combination with the risk impact analysis and risk mitigation. After…

Paired Comparison Method plus example

September 19th, 2023

Paired Comparison Method: this article explains the Paired Comparison Method in a practical way. Besides what it is, this article also highlights the six basic steps and a worked real-world example. After reading you will understand the basics of this…

Linear Programming explained

August 31st, 2023

Linear Programming: this article explains Linear Programming in a practical way. Next to what it is, highlights this article also the origin, the algorithms, steps of the process, and a calculation example. After reading it, you will understand the basics…

Delphi Technique explained

August 31st, 2023

Delphi Technique: this article describes the theory and concept of the Delphi Technique, developed by RAND Corporation in a practical way. Next to what this research technique is, this article also highlights the approach, the definition and elemenst, how…

Decision Tree Analysis

August 22nd, 2023

Decision Tree Analysis: this article describes the Decision Tree Analysis in a practical way. Next to what it is, this article also higlights the process, the “What if” thought, Visualization and Representation, a practical Decision Tree Analysis example. This article…
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