Decision analysis looks at the paradigm in which an individual decision maker (or decision group) contemplates a choice of action in an uncertain environment. The theory of decision analysis is ...

Small business owners and managers make decisions that affect everyday operations and long-term profitability. These decisions typically involve making choices to achieve desired outcomes. For example ...

One of the most fundamental aspects of starting and managing a business is formulating the company's overall mission and goals. Strategic planning is the process of creating a mission, objectives and ...

Decision-making is part of our daily lives. We spend our time making decisions big and small, whether it's what to eat, how to get to a place or how to plan tasks at work. Nothing could be more normal ...

Organizations must be able to make well-informed decisions based on data-driven insights to succeed and keep a competitive edge in the highly competitive business environment of today. In the modern ...

Forbes contributors publish independent expert analyses and insights. I write about how to drive more value with data and analytics. Decisions are the lifeblood of business. From the c-suite to ...

Mindfulness is practiced in board rooms from Silicon Valley to Wall Street. But just how much does it improve the quality of your decision-making? Five years ago when I introduced mindfulness to my ...

Effective decision making to avoid failures and maximize success is your key role as a leader: that’s why “decision-makers” is synonymous with leaders. Yet how can you ensure that your decision making ...