How To Get Better At Decision Making A Step By Step Guide To Effective Decision Making Techniques

Author : Meir Liraz
Publisher : Independently Published
Page : 28 pages
File Size : 55,9 Mb
Release : 2019-03-10
Category : Business & Economics
ISBN : 1090118007

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How to Get Better at Decision Making - A Step by Step Guide to Effective Decision Making Techniques by Meir Liraz Pdf

Everyone is a decision maker. We all rely on information, and techniques or tools, to help us in our daily lives. When we go out to eat, the restaurant menu is the tool that provides us with the information needed to decide what to purchase and how much to spend. Operating a business also requires making decisions using information and techniques - how much inventory to maintain, what price to sell it at, what credit arrangements to offer, how many people to hire. Decision making in business is the systematic process of identifying and solving problems, of asking questions and finding answers. Decisions usually are made under conditions of uncertainty. The future is not known and sometimes even the past is suspect. This guide opens the door for business owners and managers to learn about the variety of techniques which can be used to improve decision making in a world of uncertainty, change, and uncontrollable circumstances. My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time. Table of Contents: 1. Introduction 2. A General Approach to Decision Making 3. Specific Decision Making Techniques 4. How To Set and Achieve Goals

Author : Shane Parrish,Rhiannon Beaubien
Publisher : Penguin
Page : 0 pages
File Size : 55,9 Mb
Release : 2024-10-15
Category : Business & Economics
ISBN : 9780593719978

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The Great Mental Models, Volume 1 by Shane Parrish,Rhiannon Beaubien Pdf

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.

Author : Edoardo Binda Zane
Publisher : Createspace Independent Publishing Platform
Page : 140 pages
File Size : 46,8 Mb
Release : 2016-04-28
Category : Electronic
ISBN : 1530800099

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Effective Decision-Making by Edoardo Binda Zane Pdf

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

Author : Robert H. Vaughn
Publisher : Association for Talent Development
Page : 310 pages
File Size : 55,5 Mb
Release : 2010-03-01
Category : Business & Economics
ISBN : 9781607285922

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Decision-Making Training by Robert H. Vaughn Pdf

Everyone is required to make decisions and solve problems in their business and personal lives. Many are handled quickly and without much thought, but most of us procrastinate or over analyze the more important decisions. Decision-Making Training contains all the materials needed to train others to make effective and appropriate decisions. The book offers practical, ready-to-use content that enables trainers and facilitators to quickly create half-day, full-day, and multi-day workshops. This book focuses on helping individuals define the elements of effective decision-making techniques and provides the skills needed for success. It provides an easily understandable structured process, and is designed to train people interactively as they develop and use the strategies presented to improve the efficiency and effectiveness of their decisions. Users will find advice for choosing training session content, sample training agendas, and step-by-step preparation and training delivery instructions. Exercises, handouts, assessments, and practice tools will help users develop training for both individual and organizational needs, become a more effective and efficient facilitator, and ensure training is on target and gets results, and build their own skills in effective decision-making. As part of the ASTD Trainer's Workshop series, readers have access to copies of all assessments, training instruments, handouts, and PowerPoint presentations used in the book.

Author : Marcia W. Blenko,Michael C. Mankins,Paul Rogers
Publisher : Harvard Business Press
Page : 182 pages
File Size : 45,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781422147573

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Decide & Deliver by Marcia W. Blenko,Michael C. Mankins,Paul Rogers Pdf

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

Author : Helga Drummond
Publisher : Unknown
Page : 140 pages
File Size : 44,6 Mb
Release : 1991
Category : Decision making
ISBN : 074941023X

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Effective Decision Making by Helga Drummond Pdf

This guide takes managers step-by-step through the decision making process and looks at the realities surrounding both the formulation of policy and execution of decisions. It creates a framework for implementation which aims to take account of likely real-world scenarios.

Author : Abu S.M. Masud
Publisher : CRC Press
Page : 110 pages
File Size : 45,6 Mb
Release : 2021-10-29
Category : Technology & Engineering
ISBN : 9781000461060

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A Manager's Guide for Better Decision-Making by Abu S.M. Masud Pdf

An important activity for an organization’s leaders and managers is making decisions associated with problem-solving. Making decisions is a complex endeavor where choices are made from courses of action where resources are limited and in the presence of constraints. Written as a guide, this book offers a quantitative approach to decision-making. The process of decision-making is presented from a holistic point of view. This book offers a basic understanding of the issues and processes involved in decision-making by presenting the tools associated with problem analysis, tools that enable developing choices, as well as tools used to normalize judgment criteria achievement so that they are comparable across measures using different scales. Several solution methods for decision problems that have one evaluation criterion are explained first. Methods for problems with multiple criteria for evaluating alternate solutions are discussed as well. The multiple criteria methods include those that do not require any explicit preference or trade-off information from the decision-maker and those that do require the decision-maker’s preference or trade-off information. The intended audience of the book includes technical and nontechnical professionals, managers, and supervisors at all levels, and engineering and business educators. The book would also be useful to undergraduate students, beginning graduate students, and recent graduates of professional programs, or in mathematics, computer science, natural sciences, and humanities.

Author : John S. Hammond,Ralph L. Keeney,Howard Raiffa
Publisher : Harvard Business Review Press
Page : 256 pages
File Size : 40,6 Mb
Release : 2015-07-21
Category : Business & Economics
ISBN : 9781633691056

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Smart Choices by John S. Hammond,Ralph L. Keeney,Howard Raiffa Pdf

Become confident in your choices. 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.

Author : Chetan Singh
Publisher : Chetan Singh
Page : 143 pages
File Size : 51,7 Mb
Release : 2024-06-23
Category : Business & Economics
ISBN : 8210379456XXX

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Decision-Making Guidebook: Decision Making Questions and Answers by Chetan Singh Pdf

"Decision-Making Guidebook: Decision Making Questions and Answers" is a guide to making informed decisions in all aspects of life. In this book, readers will find answers to common decision-making questions and strategies for avoiding common pitfalls. The Decision making book starts with an introduction to the basic principles of decision making, including an understanding of the different types of decisions, factors that affect decision making, and common pitfalls to avoid. The step-by-step guide to decision making and techniques for gathering information and evaluating options is presented to assist the readers to be well-informed. The Decision making questions and answers book then delves into decision making in different areas of life, including personal life, business and career, finance and investment, and politics and social issues. Readers will learn how to handle decision-making dilemmas with exercises and self-assessment tools to evaluate decision-making effectiveness. The Frequently Asked Questions section will provide insight into common decision-making problems and how to solve them. The book also features case studies illustrating different decision-making scenarios to help readers apply what they have learned. With "Decision-Making Guidebook: Decision Making Questions and Answers", readers will be better equipped to make confident, informed decisions that lead to positive outcomes. It's a must-read for anyone who wants to improve their decision-making skills and become more effective in their personal and professional lives.

Author : PRABHU TL
Publisher : NestFame Creations Pvt Ltd.
Page : 78 pages
File Size : 41,7 Mb
Release : 2024-06-23
Category : Business & Economics
ISBN : 8210379456XXX

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DECISION MAKING by PRABHU TL Pdf

Let's start with a definition of decision-making. Selecting decisions is exactly what it sounds like: the act or process of making choices. We make logical decisions on occasion, but we also make emotional, irrational, and perplexing ones on a regular basis. Every day, we are confronted with events that force us to make decisions. Some of these decisions are simple, while others might be challenging. Simple decisions include things like what to wear; most individuals choose what to wear based on the season of the year, the weather of the day, and where they plan to go. Other simple decisions include what to eat, which movie to see, and which television shows to watch. The most difficult decisions appear to be those that need a higher level of thought. Things like where to go to college, what job route to take, and whether or not to marry and establish a family are examples of difficult decisions. These decisions are difficult because they affect our entire lives; they form who we are and how we will live in the future. Good decision-making is a skill that must be taught. It is not something we are born with, but rather a step-by-step process that is usually learned via life experience. Most adults are aware that experience is a costly, ineffective teacher who teaches more bad habits than good; and because decisions differ so dramatically from one situation to the next, the experience gained from making one important decision is frequently of little or no use when faced with a new decision-making challenge.

Author : Bloomsbury Publishing
Publisher : Bloomsbury Publishing
Page : 97 pages
File Size : 46,8 Mb
Release : 2009-01-01
Category : Self-Help
ISBN : 9781408101841

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Make Effective Decisions by Bloomsbury Publishing Pdf

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.

Author : Anonim
Publisher : Unknown
Page : 100 pages
File Size : 52,7 Mb
Release : 1983
Category : Civil defense
ISBN : UIUC:30112105180720

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Basic Skills in Decisionmaking and Problem Solving : Instructor Guide by Anonim Pdf

Author : GMAC (Graduate Management Admission Council)
Publisher : John Wiley & Sons
Page : 336 pages
File Size : 40,7 Mb
Release : 2015-06-01
Category : Study Aids
ISBN : 9781119042563

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The Official Guide for GMAT Verbal Review 2016 with Online Question Bank and Exclusive Video by GMAC (Graduate Management Admission Council) Pdf

Ace the GMAT® with the only official study guides from the creators of the exam With 25% brand new content, The Official Guide for the GMAT Verbal Review 2016 is the only official study guide focusing on the verbal portion of the GMAT® exam. It delivers more than 300 retired questions from the GMAT®, complete with answer explanations to help focus your test preparation efforts. Also includes exclusive online resources: Build your own practice tests with exclusive online access to 300 reading comprehension, critical reasoning, and sentence correction questions from official GMAT® exams Exclusive access to videos with insight and tips on GMAT preparation from previous test-takers and from the officials who create the test

Author : Mike Schmitz
Publisher : Wellspring
Page : 128 pages
File Size : 45,9 Mb
Release : 2019-11
Category : Electronic
ISBN : 1635820669

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How to Make Great Decisions by Mike Schmitz Pdf

Should I buy dark chocolate or milk chocolate? Which college should I attend? Should I be married or single? We face thousands of decisions, big and small, every day. But have you ever felt like you are too busy "discerning" to actually decide? True decision-making is more than just thinking about something . . . decisions involve taking action. YouTube star, Fr. Mike Schmitz, gives you the tools to decide what to do with your life today, tomorrow, and in the future with clarity and confidence. In this little book you will learn to: know when God is speaking, how to recognize the "signs," and make wise decisions for your life. Fate is when you're fixed; you don't have a choice. Destiny is your destination . . . Know your destiny.

Author : 50MINUTES.COM,
Publisher : 50Minutes.com
Page : 39 pages
File Size : 55,5 Mb
Release : 2017-08-11
Category : Business & Economics
ISBN : 9782806299291

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Successful Decision-Making by 50MINUTES.COM, Pdf

Ready to take your career to the next level? Find out everything you need to know about making professional decisions with this practical guide. We are all faced with difficult professional decisions at some point, and how we deal with them can have a major impact on our careers. When the stakes are so high, it can be easy to feel overwhelmed and become paralysed by indecision, but this does not have to hold you back: there are many ways of identifying your priorities and using them to make choices with complete peace of mind. In 50 minutes you will be able to: • Understand the reasons for your indecision and take steps to overcome it • Identify the values that are important and meaningful to you and use them to guide your choices • Develop your intuitive intelligence to make decisions quickly and with confidence ABOUT 50MINUTES.COM | COACHING The Coaching series from the 50Minutes collection is aimed at all those who, at any stage in their careers, are looking to acquire personal or professional skills, adapt to new situations or simply re-evaluate their work-life balance. The concise and effective style of our guides enables you to gain an in-depth understanding of a broad range of concepts, combining theory, constructive examples and practical exercises to enhance your learning.