Every organization needs to make decisions at one point or other as part of managerial process. Decisions are made in...
Decision-making is an integral part of modern management. Essentially, Rational or sound decision making is taken as primary function of...
Decision making is part of everyone’s life and all of us have to make decisions every moment. Right from choosing...
Individuals have a tendency to think and question before performing. This is fruitful in analysis and forecasting of individual’s behaviour....
Corporate decision making happens at various levels in organizations and can be top down or bottom up. The difference between...
An important concept in the field of decision making is the OODA Loop or the Observe-Orient-Decide-Act loop. This refers to...
We had discussed how the OODA Loop or the Observe, Orient, Decision, Action loop works in helping to make better...
In the contemporary business world, many companies have layers and layers of hierarchy where decisions are made at the top...
The previous articles touched upon the role of hierarchy in decision making. In this article, we consider whether top down...
In many organizations, it is often the practice to give autonomy to many teams and let them take the decisions...
Any decisions taken at any level have to take into account the conflicting needs of the individuals who are affected...
Decision making need not necessarily be a zero sum game where one party benefits at the expense of the other....
Decision making process is like a school exam. Those who take good decisions will pass the exam and the rest...
Curious observation is the first step in the decision making process. These two words, the curiosity and observation are very...
Managers in contemporary organizations are confronted with uncertainty and ambiguity in their everyday lives. Not only do they have to...
Decision Making in the Past and Decision Making in the 21st Century Decision-making is a process that involves responding to...
In the previous articles, we discussed how decision making in these times is fraught with risk, uncertainty, and ambiguity. In...
Business Decision Making in the 21st Century We live in a world of increasing complexity and compression of time which...
The Volatility, Uncertainty, Complexity and Ambiguity (VUCA) Paradigm Business leaders in the 21st century operate in a vastly different terrain...
Trust, But Verify! Decision Making in an Information Overload Scenario From the time we wake up to the time we...
Increasing Importance of Culture in Corporate Decision Making The Indian Information Technology (IT) bellwether and the market leader in software...
The Importance of Employment Statistics Management students and professionals alike should know the importance of employment statistics and numbers and...
How Geopolitics Impacts Businesses Geopolitics deals with the relations between nations and the forces that determine the friendly or hostile...
Global Businesses operate in an international environment that is volatile, unpredictable, uncertain, and accelerated. The term VUCA or Volatility, Uncertainty,...
How Successive Waves of Technological Change Led to Better Career Related Decisions With each iteration of technological change, decision making,...
From Global to Glocal to Local: How the Wheel has turned Full Circle There was a time during the initial...
The All Pervasive Technology and the Inevitability of Technology Driven Decision Making Technology is all around us. Wherever we look...
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is...
The Advantages and Disadvantages of Decision Making in the Digital Age The Digital Age is well and truly upon us....