Decision making up

Decision-making skills

There are three types of decision in business:

How do you actually make decisions?

Decisions are made explicitly whenever one consciously combines beliefs and values in order to choose a course of action.
They are made implicitly whenever one relies on a ritualized response (habit, tradition) to cope with a choice between options..

What is correct decision-making?

A good decision-maker chooses actions that give the best outcome for themselves and others.
They enter into the decision-making process with an open mind and do not let their own biases sway them.
They make decisions rationally, after researching alternatives and understanding the consequences..