How Do You Understand The Value Of Decision Analysis?
Making a decision can be very tough, especially if the different solutions with which you are presented branch out to several possible results. In these times of mind-numbing pressure, you are forced to weigh several factors before making your decision. Yet even after the action has been executed, the thinking doesn’t stop; an insightful analysis of the decision can help you further improve your decision-making skills and aid you in arriving at a sound decision. • It helps identify the process’ or individual’s weak points. As the decision theory goes, decision analysis involves pointing out the different processes and factors involved in the making of the decision. Through decision analysis, you can uncover the different faults and weak points of a process or an individual that led to the eventual failure of the decision. With this information, you can better improve on these processes and individual skills in the future. • It helps you plan for measures to be employed in the future. A