What is decision making?

Decision making is the process of selecting the best course of action from several options based on certain criteria or points of reference. It involves evaluating the possible consequences, risks, benefits, and trade-offs of each alternative before choosing the most effective one. Decision making is integral to both personal and professional life, as individuals and organizations are constantly faced with choices that require thoughtful consideration and critical thinking. Effective decision making involves a combination of rational analysis and intuition, combined with the appropriate level of creativity and innovation.

This mind map was published on 5 June 2023 and has been viewed 87 times.