#Decision making process 3 types series

The decision-making process has to work at all levels from Strategic on down. Of course, this is typically where it “goes off the rails.” Alignment does not happen. Effective implementation of those decisions SHOULD be overseen or carried out by subordinate management. Once the 'right' strategic decisions are made, work is done at the subordinate levels to make sure those decisions align with the strategic ones.

#Decision making process 3 types series

In this case, a strategic decision or a series of decisions that lead to a more cost efficient operation. In each decision type we are trying to prioritize the alternatives based on how they best meet our objectives, which in turn drive the desired outcome. And then prioritized objectives or criteria with which to evaluate the decision alternatives. Each decision type requires a clear statement of the outcome or goal. There's 3 'types' of decisions: (1) Go or No-Go.(2) choose among available alternatives.(3) create alternatives (through brainstorming or synectics)… then choose the 'right' one. These decisions in turn require hundreds of decisions at the lower levels in order to stay aligned with the highest level (Strategic) or directional decisions. These are the major decisions that support the present or modified Strategy. We've gone from doing projects with teams.then migrated to portfolio management.and now (because of the economy) to decision making at a higher level than just the new product portfolio, rather this is Strategic Decision-Making to reduce operating costs while positioning for future growth. Cut today, but make sure to position those reductions in the context of your strategic objectives in the future. A discussion of decision-making in the reality of today's changing economic environment.