Master Decision Making with 40 free flashcards. Study using spaced repetition and focus mode for effective learning in Professional Development.
Decision making is the process of choosing a course of action from multiple options based on goals, evidence, and trade-offs.
Better decisions compound over time, improving outcomes, team trust, and resource allocation.
A reversible decision can be changed cheaply later; an irreversible decision is costly or difficult to unwind.
Fast decisions preserve momentum when the downside of being wrong is manageable.
A decision criterion is a standard used to judge options, such as speed, cost, risk, or customer impact.
A trade-off is the acceptance that gaining one benefit usually means giving up something else.
Analysis paralysis is a delay caused by overthinking options or waiting for certainty that will never fully arrive.
Satisficing means selecting an option that is good enough for the situation instead of optimizing endlessly.
A short written document that states the choice, context, options, evidence, and rationale.
Writing improves clarity, exposes weak logic, and creates a record for later learning.
Breaking a problem into fundamental truths and reasoning up from them instead of copying existing assumptions.
Thinking beyond the immediate effect of a choice to its likely downstream consequences.
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