DK Essential Managers: Making Decisions

Using Analytical Methods

To reach a sound decision, you need to analyze all the relevant facts. There are several analytical tools that are both useful and simple to employ. Use analysis to lead to strong conclusions, and therefore good strategic decision-making.

Consider a decision from as many different angles as possible.

Know your three largest rivals as intimately as your own company.

Analyzing your SWOT

SWOT analysis helps establish where an organization, team, or product stands in the marketplace. Your organization’s SWOT – an acronym ...