Paired Comparison Analysis- A tool for Decision Making
When you get some options and you have to choose the best one, how do you decide which one to choose? This in particular very challenging when your options are unique in contrast to each other and if the criteria based on which you have to take your decisions are subjective. Primarily we can take […]
Recognition Primed Decision (RPD)-For complex situations
Recognition primed decision (RPD) models are helping us to make quick decisions in critical situations. This decision is helping to identify a reasonable solution and to think about it immediately. This model is based on how you make quick decisions with your imagination. WHAT’S IN IT What is the recognition primed decision? This model was […]
Prospect Theory- An analysis of decision under Risk and Uncertainty
Risks and Uncertainties are parts of our daily life. To do something big we always have to take risks. But how to make decisions under Risk and Uncertainty? Should we depend on our fate? To act better in such situations, we must self introspect. Yeah, you read it right! We have to know how our […]
What is Decision Matrix Analysis?
Should I subscribe to Netflix or Amazon Prime? Or should I eat chicken or veggies? Should I watch Football on ESPN or WWE on Ten Sports? Life is all about making decisions. We take most of our decisions immediately but in some cases, we take time and choose which option we have to go based […]
TDODAR Decision Model- The Option Under Pressure
TDODAR Decision Model is a decision-making tool, which can help us to make good decisions under pressure. This model tells us how to choose the best option in a panic situation when you have limited time and limited resources. There are lots of ways to make a decision, but in a pressured situation this model […]
Vroom-Yetton Decision Model
As a manager, you need to make lots of decisions at different levels for your business. Decision making is very necessary for any business to run a business for a long period. Every decision is not hard to take, managers can take some decisions at their level, but that will make him autocratic, but some […]
How Good Is Your Decision Making
Decision making is part of our lives, in both personal and professional life, we take a lot of decisions. This is not necessary, we always good in our decision making sometimes we make the wrong decision. Good decision making depends on what is your goal statement, if the decision you choose is relevant for your […]
How To Make a Decision?
Every problem has a solution you just need to make a good decision for that problem. Decision making is a tough situation for someone, some people are not good at decision making and they don’t have any idea about how to make decisions. So here I give you some tips about how to make good […]
How the Decision Cycle helps to make decisions
Decision cycle is steps, which is based on a repeated basis which helps you to reach the best solutions. It is a process of actions which can help you to find out the best solution for your business or your daily life problems. In the decision cycle, there are a lot of steps available, you […]
Interrelationship diagram – Amazing Problem Solving Tool
We face a lot of issues and problems in daily life, which are related to each other. So interrelationship diagram helps us to solve those problems. Basically, interrelationship diagrams are a tool to identify the root cause of any problem. Also, This is a diagram, which shows how different kinds of problems are related to […]