7 important steps in the decision making process

decision making  The four different decision-making models—rational, bounded rationality, intuitive, and creative—vary in terms of how experienced or motivated a decision maker What are the main steps to take when making a decision as a manager? · 1 Identify the decision that you have to make · 2 Review relevant

Many bad decisions can be remedied, however, the more people the decision impacts, the more difficult it will be to remedy the situation When making a decision A decision-making process is a series of steps one or more individuals take to determine the best option or course of action to address a specific problem

The smartest way to improve your decision making skills is to learn mental models A mental model is a framework or theory that helps to explain why the world Rational decision making is a problem-solving methodology that factors in objectivity and logic instead of subjectivity and intuition to achieve