Decision-Making – Types, Steps and Techniques in Management and Business
Decision-making is a task that is difficult for many people. Decision-making affects all aspects of a person’s personality. Social and professional life; From simple daily tasks to significant life changes, it requires easy and difficult decisions. In different situations, including stressful moments and moments, people show different reactions; Some of them use the opinions and experiences of others to make decisions. These people often procrastinate on the pretext of not having enough information. The second group is those who make their own decisions in complex and easy situations, But the question is:
What does decision-making mean in its scientific and precise sense?
How do you make the right decision in your personal and professional life?
What can use methods and techniques for easy and difficult decisions?
What are the steps in the decision-making process?
If you’re interested in getting the answers to these questions, stay tuned for the rest of this article from BusinessGuide.me Magazine.
What you read:
- What is decision-making?
- What are the decision steps?
- What are the barriers to effective decision-making?
- What are the critical features of decision-making?
- types of decision making
- What are the types of decision-making styles?
- 18 Modern Techniques for Decision Making in Management and Business
- Conclusion and closing remarks
What is decision-making?
One of the most straightforward definitions of decision-making is choosing a path from two or more ways or options. In other words, selecting the right solution is one of the available solutions for a particular task. Decision-making involves intuitive, logical, or a combination of both processes. In the following, we examine each of these processes.
Intuitive decision making
One of the methods of decision-making is intuitive decision-making. In this type of decision-making, people make decisions using their inner sense and understanding of issues. Insight, like a magical and inspiring sense of many important decisions, can be instructive and appropriate. Can say that intuition is, in fact, a combination of experience and personal values of each person. The more experience people have in life and different issues, the better they can use those insights to make crucial decisions in their lives and work. Of course, keep in mind that intuition is not always free to make decisions, but it is worth considering. For example, instinct or intuition may lead us to conclusions in some decisions. We need to check whether our feelings are right or wrong; this allows us to find the roots of this feeling in ourselves.
Using reasoning or reason and logic is another common type and method of decision making. In this way, people make decisions based on the facts of the case. Arguments, circumstances, and points are thoroughly examined, and then decisions are made to review existing facts. In this decision-making method, feelings and emotional aspects are not considered, especially if decision-making is related to the past and influences our decision-making. The critical point in examining decision-making methods is intuition used for easy decision-making. It is better to use intuition and reasoning to make difficult, complex, challenging, and formal decisions. Therefore, depending on whether the subject is complex or straightforward, in any situation. You should use one of the methods or a combination of both methods.