"Decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."
How decisions are made within an organization, including the methods, criteria, and outcomes of different decision-making processes.
Decision making models: Various models developed to help understand the process of decision making including rational, behavioral, political, and garbage can models.
Decision making biases: Different types of biases that can affect decision-making process such as confirmation bias, framing effect, herd mentality, and overconfidence biases.
Decision-making processes: Steps to follow for decision making such as identification of the problem, collection of information, formulation of alternatives, evaluation of alternatives, selection of the best alternative, implementation, and monitoring of the decision.
Group decision-making: Techniques for making decisions collectively in organizations, including brainstorming, nominal group technique, and Delphi technique.
Strategic decision making: The process of making decisions that determine the direction of the organization, such as mergers and acquisitions or market development initiatives.
Tactical decision-making: The process of making decisions that determine the implementation of strategies and tactics, such as budgeting, recruitment, and training.
Risk assessment and management: Identifying, analyzing, and assessing potential risks and implementing strategies to minimize or mitigate them.
Ethical decision making: The process of making decisions that are ethical and align with the values and beliefs of the organization.
Decision support systems: Use of technology and software to assist in decision making and analysis of decision-making scenarios.
Decision-making evaluation: Analyzing the effectiveness and efficiency of decision making in the organization and identifying areas for improvement.
Rational decision making: It is a systematic and logical approach to decision-making that considers all relevant information and criteria.
Intuitive decision making: It is a subconscious decision-making process based on previous experiences and instincts.
Behavioral decision making: It is a decision-making approach that focuses on the behavioral and psychological factors that affect decision making.
Normative decision making: It is a decision-making process that needs to follow a set of rules and norms to create a consistent decision-making process.
Incremental decision making: It is a decision-making style that involves making small changes gradually over time rather than a sudden, radical shift.
Participatory decision making: It is a decision-making method that involves collaboration and participation from all stakeholders, including employees, customers, and suppliers.
Consensus decision making: It is a decision-making process that emphasizes reaching a unanimous agreement among all participants.
Analytic hierarchy process decision making: It is a method of decision-making that uses a hierarchical structure to organize and evaluate the importance of different criteria for decision-making.
Bounded rationality decision making: It is a decision-making process that recognizes the limitations of human cognition and incorporates heuristic and intuitive decision-making to arrive at a satisfactory solution.
Heuristic decision making: It is a decision-making approach that relies on shortcuts or mental rules of thumb to arrive at a solution quickly.
"Decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process..."
"It could be either rational or irrational."
"The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker."
"Every decision-making process produces a final choice, which may or may not prompt action."
"Research about decision-making is also published under the label problem solving, particularly in European psychological research."
"Decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."
"The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker."
"Every decision-making process produces a final choice..."
"The final choice... may or may not prompt action."
"Research about decision-making is also published under the label problem solving..."
"Decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action..."
"It could be either rational or irrational."
"The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs..."
"Every decision-making process produces a final choice..."
"The final choice... may or may not prompt action."
"Research about decision-making is also published under the label problem solving..."
"Decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."
"The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker."
"Every decision-making process produces a final choice, which may or may not prompt action."