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This step requires you to look for many different solutions for the problem at hand. Gathering information helps your team identify different solutions to your problem. Find external resources, whether it’s doing market research, working with a consultant, or talking with colleagues at a different company who have relevant experience. Effective decision making requires information from many different sources. It's also important to look for information outside of your team or company. Does your team have any historical data as it relates to this issue? Has anybody attempted to solve this problem before? Gathering information related to the decision being made is an important step to making an informed decision. Read: 22 types of business objectives to measure success Step 2: Gather relevant information When the problem is clearly defined, you then have more information to come up with the best decision to solve the problem. These questions are all common goal setting techniques that will ultimately help you come up with possible solutions. What is the goal you plan to achieve by implementing this decision? What is the problem that needs to be solved? When you're identifying the decision, ask yourself a few questions: The 7 steps of the decision making process Step 1: Identify the decision that needs to be made The following seven step process is intended for challenging decisions that involve multiple stakeholders, but this process can be used for something as simple as what cereal to pour into your breakfast bowl in the morning. The decision making process is the method of gathering information, assessing alternatives, and, ultimately, making a final choice. That’s why understanding the decision making process is so important. There's an entire process that goes into making those tiny decisions, and while these are simple, easy choices, how do we end up making more challenging decisions?Īt work, decisions aren't as simple as choosing what kind of milk you want in your latte in the morning. Take the bus to work or call a car? Chocolate or vanilla ice cream? Whole milk or two percent? In this article, we detail the step-by-step process on how to make a good decision and explain different decision making methodologies. The decision making process is a method of gathering information, assessing alternatives, and making a final choice with the goal of making the best decision possible.
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