Tuesday, March 26, 2019

Strategic Decision-Making Part 1

Making a decision is selecting between two or more available options.  Decisions made in the organization can potentially impact all levels - strategic, tactical and operational.  Decisions are made on a continuous basis in the organization, and a review of decisions is not always part of the process.  Training on decision-making is often made available only to a restricted audience.  The ability to make and implement effective decisions is a business-critical skill as it can have a significant impact - either positive or negative - on the organization.

There are several fundamental assumptions associated with making decisions:   
  • Making decisions is a life skill.
  • Effective decision-making can be viewed as a process.
  • This process can be learned and applied.  
The decision-making process takes into account:  
  • Context
  • Information
  • People involved
  • Techniques
  • Solution choices and consequences
Until next time...


Sheryl Tuchman, SPHR, SHRM-SCP

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