OODA Loop
Observe, Orient, Decide, and Act (OODA) is a decision-making framework often used in strategic planning and rapid response situations.
117 topics found for
“strategic decision-making”
McNamara Fallacy
The error of making decisions based solely on quantitative observations and ignoring all other factors.
Weighted Scoring
A prioritization method that assigns different weights to criteria based on their importance, helping to make informed decisions and prioritize tasks effectively.
Business Acumen
The ability to understand and deal with various business situations, making sound decisions to ensure successful outcomes.
Scenario Mapping
A method used to create detailed narratives of potential future events to explore and understand possible outcomes and inform decision-making.
Delphi Method
A structured communication technique originally developed as a systematic, interactive forecasting method which relies on a panel of experts.
Prioritization Matrix
A decision-making tool that helps prioritize tasks or projects based on specific criteria, such as impact and effort.
Business Analytics
The process of using statistical analysis and modeling to explore and interpret business data to make informed decisions.
Organizational Goals
The strategic objectives that an organization aims to achieve, guiding its operations and decision-making processes.