Tag Archives: decision making

Management by Fuzzy: Decision-Making in Environments of Ambiguity, Uncertainty– Tough Decisions with Fuzzy Logic

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In the world of fuzzy logic, two statements can be both true– even though they contradict each other. Humans have a remarkable capability to reason and make decisions in an environment of uncertainty, imprecision, incompleteness… of information. Fuzzy logic is … Continue reading

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Thinking Can Ruin Your Business…. Stop Over-Thinking and Start Doing!: Avoid Paralysis by Analysis

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Over-analyzing (or over-thinking) a situation… treating the decision as over-complicated… seeking the ‘optimal’ or ‘perfect’ solution; these are all victims of paralysis by analysis. Thinking too much or thinking too little can have an enormous impact on the outcome of a … Continue reading

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Comparing Global Decision Making Styles: U.S., China, Japan, Europe, Germany, U.K… Middle East…

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Informed decision making comes from a long tradition of guessing and then blaming others for inadequate results. ~Scott Adams Globalization creates a need to know how managers in different parts of the world make decisions: Business leaders, globally, have a … Continue reading

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Extreme Methodologies for Group Decision Making, Problem Solving, and Consensus Building: “Brainstorming, Delphi Method, Nominal Group Technique (NGT)…”

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“For any business, group, or organization to function effectively, it must make decisions that are in the best interest of the entity: How should those decisions be made? –Consensus? Voting? One-person rule? Secret ballot?” Consensus building is a recognized method … Continue reading

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