Decision Analysis for Managers: A Guide for Better Professional and Personal Decision Making
Everybody has to make decisions - they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be difficult; personal decisions even more so. Even if you make the correct business decision, you still have to get buy-in and commitment from your team, other management, and key stakeholders to implement it; when making personal decisions, one has to take into account one's spouse or family or friends in order for the decision to fully succeed.
The goal of Decision Analysis for Managers is to: â€¢ Clarify and reach alignment on goals and objectives and understand trade-offs in reaching those goals, â€¢ Develop and examine alternatives, â€¢ Systematically analyze the effects of risk and uncertainty, and â€¢ Maximize the chances of achieving your goals and objectives.