Unraveling decision-making processes
Decision-making is the process of making choices about significant matters, particularly within a collective or organizational context.
This process serves as a guide to systematically making well-informed decisions. This is crucial since a wrong decision may lead to catastrophic situations, meaning time, money, and business loss. That said, what is a decision?
Before proceeding, think about and try to answer this question.
What is a decision?
If you look it up in a dictionary, you will find answers stating that a decision is a conclusion or resolution reached after considering the best or most appropriate option. To decide, we must have multiple options and a problem or need. If there is only one option, we don’t have to decide; we have only one option available. However, when we have multiple options, choosing becomes more complicated, and we need something to assist us in selecting the best or most suitable option. This is...
