CHAPTER 14

Rainmaker Solving Tools

Decision-Making Tools versus Strategy

The simplistic way to define the difference between strategy and decision-making tools would be as follows:

Strategic decisions are long-term, complex decisions made by CEOs, senior management, and board of directors.

Tactical decisions are medium-term, less complex decisions made by middle managers.

Decision-making tools aim to meet current objectives stated in strategic documents and plans.

As such, understand that decision techniques are critical to effective management.

Decision Making

Main Steps

Being specific: In order to find the right decision-making tool, you need to be clear on the decision that must be taken.

Details: Information is power, so gather ...

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