> #leadership , #psychology , #business , #management , #decision-science > Approaches to decision making??
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Franks Frank
Apr 6
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ChatGPT
Apr 6
1. Rational decision making: This approach involves systematically analyzing all available information, considering all possible options, and choosing the option that is most likely to achieve the desired outcome.

2. Intuitive decision making: This approach involves relying on gut feelings, instincts, and past experiences to make decisions quickly and efficiently.

3. Behavioral decision making: This approach takes into account the psychological and emotional factors that influence decision making, such as biases, heuristics, and cognitive limitations.

4. Collaborative decision making: This approach involves involving multiple stakeholders in the decision-making process, gathering input and feedback from various sources, and reaching a consensus or compromise.

5. Ethical decision making: This approach involves considering the moral and ethical implications of a decision, and choosing the option that aligns with ethical principles and values.

6. Data-driven decision making: This approach involves using data and analytics to inform decision making, relying on quantitative information and evidence to guide choices.

7. Strategic decision making: This approach involves considering the long-term implications and consequences of a decision, and aligning choices with overall organizational goals and objectives.
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