Decision Tree
Best PowerPoint Templates for Presenting Decision Making Models
Different decision-making models are used to cater to the various needs of a business. In this article, we review some of the best decision-making models available.
How to Incorporate Decision Trees into Your Presentations
Learn how to use a decision tree in a PowerPoint Presentation with this simple yet comprehensive guide to decision trees.
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
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.
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.
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.