What Are Some Decision Making Techniques
| Good decision making is important skill for our life. Here are some simple techniques that will help you make the best decisions for your career and relationship. |
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Pareto Analysis: The idea of Pareto Analysis is choosing the most important changes to make to get the biggest benefits. Write out a list of changes that you can make. Then score each choice. The first change to make is the one with the highest score. Then work your way down the list.
Grid Analysis: Grid analysis is also known as “Decision Matrix Analysis.” It is the most effective technique when you need to make decisions on complex problems with a number of good alternatives or risk factors. Basically, you will need to write out a factor on a worksheet. Then work your way across the table. Add your scores across the table. Pick the highest score. You can download Grid Analysis Worksheet here.
Decision Tree Analysis: If you need to choose between different courses of action, Decision Trees are a good tool for you. They help you see the big picture and balance the risks.
Decision Tree Analysis: If you need to choose between different courses of action, Decision Trees are a good tool for you. They help you see the big picture and balance the risks.
Six Thinking Hats: This technique allows you to look at problems from different perspectives. It allows you to see problems from different angle. Each Thinking hats represents different style of thinking.
- White Hat: Focus on the data.
- Red Hat: Look at the problem with intuition or gut feeling.
- White Hat: Look at the problem from pessimistic point of views.
- Yellow Hat: Look at the problem from optimistic point of views.
- White Hat: Try to solve problem with creativity.
- White Hat: Look at the problem for process control.
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