As promised, here are some techniques, which can help you to structure your Decision Making:
Prioritization – A system of ranking, which helps you to choose more easily. It works best for recurring decisions such as allocation of resources or customer service procedures. I t is not as good for one time decisions.
Check List – This technique proves very handy in simple decision making, involving few alternatives. You can simply tick off the factors that are acceptable or unacceptable, and then choose the best alternative.
Brain Storming: It encourages members of a group to let their mind wander to find creative ways to solve problems and develop alternatives. Some one has to facilitate the session and record the ideas. This technique also helps to generate lots of new ideas.
Pay offs – When one main decision is needed you can use a pay off method to help you structure your options in a clear and concise manner.
Decision Trees – When multiple decisions are to be made at different times, when a situation cannot be managed by a pay off method, Decision Trees become indispensable. It is used for tracking complicated decisions and their effects on subsequent decisions.
There are dozens of decision making techniques available
I have just listed a few to draw your attention towards the methodology. No one technique is best; each has its limitations and is applicable in certain situations. You might have to use a couple of techniques in tandem. If any of these interest you, I suggest you please consult many instructional texts that are available, and then integrate them into your decision making process.
Remember- Leaders get paid to solve problems correctly and make the right decisions.



