Decision Making Articles

Decision Types: Understanding the Time and Place for Individual or Group Decisions

The continuum of leadership behavior provides one context for understanding the best time and place for individual decisions versus group decisions. That continuum, as illustrated below, ranges from...

When Smart People Make Dumb Decisions – SMART vs DUMB?

Smart vs Dumb? According to experts in an emerging field called the Science of Choice, everyone can learn to make higher-quality decisions. In fact, smart people make dumb decisions with alarming...

Balanced Scorecard Demands Strategy-Focused Facilitation

Five principles of successful organizations emerged from Kaplan and Norton’s research on successful Balanced Scorecard adaptors. Hence, the five principles describe the key elements of building an...

Payoff Matrix — Quick Wins, Tried and True, or Hail Mary Passes

Quick Wins are found in the Payoff Matrix shown in the “two by two” below provides the classic means of prioritizing your options. Using return (i.e., Impact of the Solution) and investment (i.e.,...

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