Tag Archive for: decision risk management

Decision-making involves a degree of risk that increases with the complexity of the decision to be made. Good decisions not only yield desired results but also minimize the risk exposure of the individual or organization making and executing the decision. While there are many ways to minimize decision risk, one that is often overlooked is the ongoing evaluation of the execution of the decision-making process itself.

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Additional Resources

StrategyDriven offers many additional resources that can be used during decision-making process evaluations including:

• Decision-Making Best Practice 2 – Multidiscipline Teams
• Decision-Making Best Practice 4 – Identify the Target
• Decision-Making Warning Flag 1 – Logic Fallacies Introduction
• Decision-Making Warning Flag 1a – The Gambler’s Fallacy
• Decision-Making Warning Flag 1b – Weak Analogies
• Decision-Making – Opportunity & Problem Statement Development Model
• Strategic Analysis Best Practice 2 – advocatus diaboli, The Devil’s Advocate
• StrategyDriven Podcast Episode 14 – The Devil’s Advocate