The decision-making process: what you need to know to avoid problems
No matter the size, a business can face a number of problems during its decision making process; this process can be crucial to its survival and productivity.
Adopting a decision means choosing between different alternatives. A decision can be interpreted as choosing between different ways of action. Here are the different stages of the decision-making
process, that you can use to help make better decisions:
- Identification of needs and problems:
The first stage in the decision-making process is related to the recognition in terms of needs or a problem to handle. Identification is the result of a monitoring activity aimed at identifying a business problem or need. It also means trying to understand the source of the problem or the extent of the need.
- Generating alternatives:
This stage involves finding alternatives. In general, finding alternatives always requires margins of creativity and knowledge that is quite high and that’s why management should encourage the generation of ideas and proposals from those who work within the company.
This is a relevant time to make decisions that can effectively meet your needs or solve problems. Brainstorming the ideas that have been generated are shared, combined, improved, and evaluated to select the possible solutions. Group work is crucial to achieving business goals.
There is no problem that cannot be solved. Communication in the working environment is of particular importance!