Decision-makinng tools

Decision-makinng tools

1. Decision tree analysis

   • Importance: It forces the consideration of all possible outcomes of a decision.
   • How to do it?

2. Pareto

   • How to do it? Identify the problem, check the roots, score them and take actions.
   • Importance: It provides a weak but widely accepted standard for comparing economic outcomes.

3. Brainstorming

   • How to do it? Let Your Ideas Flow
   • Importance: Gives you new ideas.

4. Fishbone/Ishikawa

   • Importance: It helps individuals and teams to deconstruct problems and challenges.
   • How to do it? Check the causes and effects.

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