Decision Making

Read articles on decision making and find decision making models that can help to make important decisions that affects your organization. Improve your decision making skills and learn how to prepare presentations on Decision-Making, explaining the reasoning process or different decision-making models.

Countering Business Competitors using OODA Loop Decision Making Model
Countering Business Competitors using OODA Loop Decision Making Model

OODA Loop is a model that supports people and companies when defining important decisions in teams or individuals. Learn more in this blog post about OODA LOOP.

Making Effective Group Decisions with the Stepladder Technique
Making Effective Group Decisions with the Stepladder Technique

Learn more about Stepladder Technique and how it can help small teams make big decisions.

A Lowdown on Decision-Making for Business Leaders
A Lowdown on Decision-Making for Business Leaders

Decision-making is always challenging, therefore having the correct models to make informed decisions is essential to any business leader. Learn more in this blog post about decision-making.

How to Organize Decision Making Process using the Vroom-Yetton Decision Model
How to Organize Decision Making Process using the Vroom-Yetton Decision Model

Decision-Making might be challenging with different kinds of leaders, therefore the Vroom-Yetton model allows for more clear understanding of how to make more informed choices.

TDODAR Decision Model for Making Difficult Decisions Under Pressure
TDODAR Decision Model for Making Difficult Decisions Under Pressure

One of the most interesting decision-making models, the TDODAR model, provides an interesting angle on efficiently taking decisions.

Expectancy Theory of Motivation and Decision Making
Expectancy Theory of Motivation and Decision Making

Motivation and decision-making tengo to be difficult for employees under different workplace scenarios. In this blog post you will learn more about the Expectancy Theory and how this theory supports managers.

Using Critical Thinking to Achieve Business Goals
Using Critical Thinking to Achieve Business Goals

Human beings are prone to a number of cognitive biases. These biases can often result in clouding our judgment and hinder us from making good decisions. You can train your mind to make better decisions, including critical decisions at the workplace or for achieving business goals. In this article, we explore ways on how Critical Thinking can help to achieve your business goals.

How to Use the Eisenhower Decision Matrix to Prioritize Tasks
How to Use the Eisenhower Decision Matrix to Prioritize Tasks

Prioritizing tasks and allocating the required time for each task requires timely decision making that is free of analysis paralysis and procrastination. Both the aforementioned are often a result of the inability of individuals to prioritize tasks based on their urgency and importance. However, such prioritization is easier than most people think, especially if you use the Eisenhower Decision Matrix.

Using Heuristic Problem-Solving Methods for Effective Decision-Making
Using Heuristic Problem-Solving Methods for Effective Decision-Making

Heuristics are essentially problem-solving tools that can be used for solving non-routine and challenging problems. In this article, we review heuristic method as a practical approach for a short-term goal, such as solving a problem.

Overcoming Sunk Cost Fallacy: Get Better at Decision-Making
Overcoming Sunk Cost Fallacy: Get Better at Decision-Making

One of the first things you learn at an economics course is that you should never take irrecoverable (sunk) costs into account when you need to decide upon present or future investments. But since humans are not the most rational beings, we often forget that basic rule and let the past “investment” distort our judgments. This cognitive tendency is known as “sunk cost fallacy” and it can massively undermine both your personal and business decision-making.