Decision-Making Strategies

Introduction

• Accelerate your decision-making

1.The Decision-Making Process

• Defining decision-making
• Defining the decision

2. Decision-Making Styles

• Choosing a decision-making style
• Autocratic decisions
• Participatory decisions
• Democratic decisions
• Consensus-based decisions

3. Stakeholder Management

• Involving stakeholders in decisions
• Using a RACI matrix

4. Managing Ambiguity

• Accepting ambiguity
• Evaluating highly predictable outcomes
• Assessing distinct possible outcomes
• Considering a spectrum of outcomes
• Managing unpredictable outcomes

5. Making a Decision

• Choosing a type of decision
• Reducing decision-making risk
• Questions to ask yourself before taking action
• Communicating, executing, and measuring

Conclusion

• Implementing the decision-making cycle