Effective Decision-Making

Effective Decision-Making PDF Author: Edoardo Binda Zane
Publisher: Createspace Independent Publishing Platform
ISBN: 9781530800094
Category :
Languages : en
Pages : 140

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Book Description
The aim of this book is to quickly empower you to make better decisions by giving you step-by-step explanations of the best techniques. We always make decisions under uncertainty and pressure, especially in business. We need faster and better decisions to cope, but we don''t have the time to learn how to make them well. That is where I come in. I wrote this book to allow you to make better decisions without spending weeks studying theory and practice. THE INTRODUCTION gives you a snapshot of two decision-making biases, of the worst mistake you can do when making decision, and a lesson taken straight from philosophy. - Decision Biases (why your brain isn''t always your friend in decisions) - The Worst Mistake in Decision-Making - A Lesson From Another Time THE FIRST CHAPTER looks at frameworks of reference, meaning how you can apply decision-making to achieve your goals, for example how and why some decisions are able to automatically give you a competitive advantage. - The OODA Loop - The Recognition-Primed Decision Model - GROW or the John Whitmore Model - The PDSA Cycle CHAPTERS 2 TO 5 look at separate phases of decision-making: understanding your context, understanding the problem, generating solutions and selecting one option out of many. 2 - CONTEXT Contexts can be very different - and there is no one size fits all approach, which is why this book provides you with five. - SWOT and PEST - TELOS - Porter''s Five Forces - Causal Loops Diagrams 3 - PROBLEM ASSESSMENT Before making decisions, then, you need to work on finding out exactly what you are trying to solve. This chapter gives you 5 tools to do so: - Root Cause Analysis: Ishikawa''s Diagramand the 5 Whys Technique - Pareto Analysis - Kipling Method (5W1H) - CATWOE 4 - GENERATING IDEAS In "pure" decision-making, little attention is given to this phase, as it belongs to a different field: creativity. This book includes two tools: - Zwicky''s Box - SCAMPER 5 - WEIGHING ALTERNATIVES This book gives you six tools for this, each one with its specificities: - Weights and Factors: the Grid Analysis and the KT Matrix - The Paired Comparison Analysis - The Quantitative Strategic Planning Matrix - The Analytic Hierarchy Process - The Eisenhower Matrix CHAPTER 6 AND 7 look at group decisions, meaning whether it''s a good idea to make decisions in a group and, if it is, how that group should make decisions. 6 - DO YOU NEED YOUR TEAM? You can either involve your team in decisions or exclude them. Often, managers are torn between these two options - you have three tools to help you though: - The Vroom-Yetton-Jago Model - The Hoy-Tarter Model - The Hersey-Blanchard Model 7 - GROUP TECHNIQUES To be used when making decisions in a group is necessary. - The Nominal Group Technique - The Delphi Method - Hartnett''s Consensus-Oriented Decision-Making Model - The Stepladder Technique - DeBono''s Six Thinking Hats - The Charette Procedure - RAPID CHAPTERS 8 AND 9 look at decisions in corporate strategy and analyse a decision''s consequence 8 - CORPORATE STRATEGY These decision tools have all been developed for corporations, but they still hold value for smaller businesses. - The BCG Matrix - The Advantage Matrix - The GE Matrix - Blind Spot Analysis 9 - CONSEQUENCES In other words: "how can I make sure that the decision I made is the best one and will work in my specific situation?" Unfortunately nobody can answer this. Any decision method can only skew the odds of having made the right decision in your favour. That said, there are a few techniques you can apply. - Impact Assessment - Plus-Minus-Interesting - Decision Trees - Cost-Benefit Analysis - Futures Wheel

Effective Decision-Making

Effective Decision-Making PDF Author: Edoardo Binda Zane
Publisher: Createspace Independent Publishing Platform
ISBN: 9781530800094
Category :
Languages : en
Pages : 140

Get Book Here

Book Description
The aim of this book is to quickly empower you to make better decisions by giving you step-by-step explanations of the best techniques. We always make decisions under uncertainty and pressure, especially in business. We need faster and better decisions to cope, but we don''t have the time to learn how to make them well. That is where I come in. I wrote this book to allow you to make better decisions without spending weeks studying theory and practice. THE INTRODUCTION gives you a snapshot of two decision-making biases, of the worst mistake you can do when making decision, and a lesson taken straight from philosophy. - Decision Biases (why your brain isn''t always your friend in decisions) - The Worst Mistake in Decision-Making - A Lesson From Another Time THE FIRST CHAPTER looks at frameworks of reference, meaning how you can apply decision-making to achieve your goals, for example how and why some decisions are able to automatically give you a competitive advantage. - The OODA Loop - The Recognition-Primed Decision Model - GROW or the John Whitmore Model - The PDSA Cycle CHAPTERS 2 TO 5 look at separate phases of decision-making: understanding your context, understanding the problem, generating solutions and selecting one option out of many. 2 - CONTEXT Contexts can be very different - and there is no one size fits all approach, which is why this book provides you with five. - SWOT and PEST - TELOS - Porter''s Five Forces - Causal Loops Diagrams 3 - PROBLEM ASSESSMENT Before making decisions, then, you need to work on finding out exactly what you are trying to solve. This chapter gives you 5 tools to do so: - Root Cause Analysis: Ishikawa''s Diagramand the 5 Whys Technique - Pareto Analysis - Kipling Method (5W1H) - CATWOE 4 - GENERATING IDEAS In "pure" decision-making, little attention is given to this phase, as it belongs to a different field: creativity. This book includes two tools: - Zwicky''s Box - SCAMPER 5 - WEIGHING ALTERNATIVES This book gives you six tools for this, each one with its specificities: - Weights and Factors: the Grid Analysis and the KT Matrix - The Paired Comparison Analysis - The Quantitative Strategic Planning Matrix - The Analytic Hierarchy Process - The Eisenhower Matrix CHAPTER 6 AND 7 look at group decisions, meaning whether it''s a good idea to make decisions in a group and, if it is, how that group should make decisions. 6 - DO YOU NEED YOUR TEAM? You can either involve your team in decisions or exclude them. Often, managers are torn between these two options - you have three tools to help you though: - The Vroom-Yetton-Jago Model - The Hoy-Tarter Model - The Hersey-Blanchard Model 7 - GROUP TECHNIQUES To be used when making decisions in a group is necessary. - The Nominal Group Technique - The Delphi Method - Hartnett''s Consensus-Oriented Decision-Making Model - The Stepladder Technique - DeBono''s Six Thinking Hats - The Charette Procedure - RAPID CHAPTERS 8 AND 9 look at decisions in corporate strategy and analyse a decision''s consequence 8 - CORPORATE STRATEGY These decision tools have all been developed for corporations, but they still hold value for smaller businesses. - The BCG Matrix - The Advantage Matrix - The GE Matrix - Blind Spot Analysis 9 - CONSEQUENCES In other words: "how can I make sure that the decision I made is the best one and will work in my specific situation?" Unfortunately nobody can answer this. Any decision method can only skew the odds of having made the right decision in your favour. That said, there are a few techniques you can apply. - Impact Assessment - Plus-Minus-Interesting - Decision Trees - Cost-Benefit Analysis - Futures Wheel

Decide & Deliver

Decide & Deliver PDF Author: Marcia W. Blenko
Publisher: Harvard Business Press
ISBN: 1422147576
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
-Identify your critical decisions. Focus on those that matter most to your company's performance. --

Decisions, Decisions

Decisions, Decisions PDF Author: David A. Welch
Publisher: Prometheus Books
ISBN: 1615921524
Category : Self-Help
Languages : en
Pages : 296

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Book Description
You''re tempted to accept a promising job offer in another city, but moving would entail considerable sacrifice on the part of your family. What should you do? Your elderly mother can no longer take care of herself but she doesn''t get along with your husband and dreads the prospect of moving into a nursing home. What is the solution? Whether you are faced with decisions momentous or trivial, how you go about resolving everyday dilemmas will definitely affect your level of satisfaction in life. In this engrossing and entertaining guide, David Welch, who has studied the decision-making process at the highest levels, shows how both the science and the art of decision-making are essential to us all. Welch lays out nine steps to effective decision-making and then demonstrates how to apply these steps to real-world situations. He gives readers the intellectual tools to assess their strengths and weaknesses and stresses that self-knowledge is critical for making the right decisions. This enjoyable, clearly written guide will enable decision-makers at every level to find the best possible solution for dilemmas both big and small.

The Great Mental Models, Volume 1

The Great Mental Models, Volume 1 PDF Author: Shane Parrish
Publisher: Penguin
ISBN: 0593719972
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.

Make Effective Decisions

Make Effective Decisions PDF Author: Bloomsbury Publishing
Publisher: A&C Black
ISBN: 1408134179
Category : Self-Help
Languages : en
Pages : 97

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Book Description
Being able to make good decisions is an essential workplace skill. Whatever your job, there will be times when you need to analyse an issue, get to grips with it, and decide on the best course of action. This book helps you do that effectively, even if time is tight. Practical and helpful, Make effective decisions will help you get to the heart of the matter, ask the right questions, avoid procrastination, and cope with pressure so that you reach the best solution possible, every time.

How to Make Good Decisions and Be Right All the Time

How to Make Good Decisions and Be Right All the Time PDF Author: Iain King
Publisher: Bloomsbury Publishing
ISBN: 1441149864
Category : Philosophy
Languages : en
Pages : 256

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Book Description
A compelling guide to ethical thinking for everyday life In How to Make Good Decisions and Be Right All the Time Iain King presents an introduction to moral philosophy from the ancient Greeks to the Enlightenment and beyond. He argues that right and wrong need a Newtonian revolution so that they are no longer a matter of judgment or guesswork and presents a system of simple formulas for solving difficult moral quandaries. Clearly argued, the book combines new ideas with old and rips apart traditional tenets of morality, dismantling even the golden rule that you should "do unto others as you would have done unto you." In their place, the author constructs a new, comprehensive system of ethics, identifying the basic DNA of right and wrong and offering clear advice on how to be good in today's complicated and challenging world. Sometimes controversial and thoroughly engaging throughout, How to Make Good Decisions and Be Right All the Time is required reading for anyone with a difficult decision to make.

Investments in Federal Facilities

Investments in Federal Facilities PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309089190
Category : Technology & Engineering
Languages : en
Pages : 160

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Book Description
Facilities now owned by the Federal Government are valued at over $300 billion. It also spends over $25 billion per year for acquisition, renovation, and upkeep. Despite the size of these sums, there is a growing litany of problems with federal facilities that continues to put a drain on the federal budget and compromise the effectiveness of federal services. To examine ways to address these problems, the sponsoring agencies of the Federal Facilities Council (FFC) asked the National Research Council (NRC) to develop guidelines for making improved decisions about investment in and renewal, maintenance, and replacement of federal facilities. This report provides the result of that assessment. It presents a review of both public and private practices used to support such decision making and identifies appropriate objectives, practices, and performance measures. The report presents a series of recommendations designed to assist federal agencies and departments improve management of and investment decision making for their facilities.

A Field Guide to Good Decisions

A Field Guide to Good Decisions PDF Author: Mark D. Bennett
Publisher: Bloomsbury Publishing USA
ISBN: 0313065241
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
We all face tough choices: business executives, community leaders, and family members all struggle with difficult decisions on a daily basis. What we decide reveals what really matters to us; how we decide determines whether we succeed or fail. Developed over twenty years in settings as diverse as hospital bedsides and corporate boardrooms, A Field Guide to Good Decisions provides the skills to make decisions that reflect your core values while respecting those of others, including the long-term implications for all participants. Illustrated through many real-life examples that will resonate with readers both professionally and personally, A Field Guide to Good Decisions offers practical tools and techniques for identifying individual and common goals, reaching consensus, and communicating the results effectively. The authors also show readers how to overcome common obstacles to good decision-making (psychological, cultural, and organizational). Ultimately, this book is about making decisions which, while not always a matter of life or death, nevertheless have a powerful effect on our sense of self, our credibility in the eyes of others, and the lives of those touched by the choices we make. Decision making is always personal. Each of us makes important decisions at work, in the community, and at home. When we face tough choices, what we decide reveals what really matters to us; how we decide determines whether we succeed or fail. Business executives, community leaders, and family members all struggle with difficult decisions: a senior management team makes an important choice about whether to pursue an acquisition; a baby-boomer decides whether to place an elderly parent in assisted living; a non-profit administrator considers laying off employees to have money and continue serving the community. For each, the steps toward a good decision are the same: know your values, engage others to understand theirs, and communicate with respect and candor. Simple in concept, not so easy in practice—but making a good decision demands nothing less. Developed over twenty years in settings as diverse as hopsital bedsides and corporate boardrooms, A Field Guide to Good Decisions provides the skills to make decisions that reflect your core values while respecting those of others, including the long-term implications for all participants. Illustrated through many real-life examples that will resonate with readers both professionally and personally, A Field Guide to Good Decisions offers practical tools and techniques for identifying individual and common goals, reaching consensus, and communicating the results effectively. The authors also show readers how to overcome common obstacles to good decision-making (psychological, cultural, and organizational). Ultimately, this book is about making decisions which, while not always a matter of life or death, nevertheless have a powerful effect on our sense of self, our credibility in the eyes of others, and the lives of those touched by the choices we make.

The Art of Decision Making

The Art of Decision Making PDF Author: Tim Castle
Publisher:
ISBN: 9781913036287
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
Making good decisions quickly is what marks out truly great leaders from the rest of us. Decision-making is one of the most sought-after skills today, but most of us have never been taught, but one most of us have never been taught. Aged 19, I went off-piste snowboarding, way before I had the skills or experience to do so, and very quickly found myself hurtling towards the edge of a cliff face on sheet ice. Within minutes, I was literally hanging onto a boulder for dear life, with my legs dangling over the precipice. Every single decision I made over the next few hours was life or death. There were no easy choices. Each right decision could be undone by a wrong one, and I was very aware of how close I was to death the whole time: the cold, the wind, the fading light, the fact no one knew where I was, the fact I had no food or water on me. That day, my brain worked overtime to keep me alive. What I learned has actually been a enabled me to approach decisions in all areas of my life with ease In addition to sharing my story with you, I will also explore 6 of the best decision-making models, as well as teach you how to maintain the mindset of a master decision-maker. After reading this book, you'll find making good decisions quick and easy and will no longer waste time stressing over them or avoid stepping up to make them.

Smart Choices

Smart Choices PDF Author: John S. Hammond
Publisher: Harvard Business School Press
ISBN: 9781633691049
Category :
Languages : en
Pages : 256

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Book Description
Where should I live? Is it time to get a new job? Which job candidate should I hire? What business strategy should I pursue? We spend the majority of our lives making decisions, both big and small. Yet, even though our success is largely determined by the choices that we make, very few of us are equipped with useful decision-making skills. Because of this, we often approach our choices tentatively, or even fearfully, and avoid giving them the time and thought required to put our best foot forward. In Smart Choices, John Hammond, Ralph Keeney, and Howard Raiffa--experts with over 100 years of experience resolving complex decision problems--offer a proven, straightforward, and flexible roadmap for making better and more impactful decisions, and offer the tools to achieve your goals in every aspect of your life. Their step-by-step, divide-and conquer approach will teach you how to: * Evaluate your plans * Break your potential decision into its key elements * Identify the key drivers that are most relevant to your goals * Apply systematic thinking * Use the right information to make the smartest choice Smart Choices doesn’t tell you what to decide; it tells you how. As you routinely use the process, you’ll become more confident in your ability to make decisions at work and at home. And, more importantly, by applying its time-tested methods, you’ll make better decisions going forward. Be proactive. Don’t wait until a decision is forced on you--or made for you. Seek out decisions that advance your long-term goals, values, and beliefs. Take charge of your life by making Smart Choices a lifetime habit.