What Is Your Experience With Decision Making Models
"What is your experience with decision-making models?"
How do we, as leaders, make our decisions? After decades of pondering, no singular method on the subject exists. So how then does one know which method to choose or if the right choice has been made and why should we use one at all?
To answer these questions, I must refer to my personal experience on the subject. I have used a variety of decision-making tools, including PMI, SWOT, CBA, Decision-Trees, and MDPISA.
What are these tools? We have all used PMI; it is the quintessential Pro's versus Con's. It stands for plusses, minuses, and interesting. The "interesting" column captures the implications of making each decision. I have used this tool in almost every area of my life. It helps to see a problem rationally, without the distraction of emotions or ego.
SWOT stands for strengths, weaknesses, opportunities and threats. In my experience, this is often used by mass-market retailers and companies that sell to them.......
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