Prioritization Matrix
A decision-making tool that helps prioritize tasks or projects based on specific criteria, such as impact and effort.
148 topics found for
“strategic decisions”
KPI
Key Performance Indicators (KPIs) are quantifiable measures used to evaluate the success of an organization, employee, or project in meeting objectives for performance.
Inflection Point
A moment of significant change in a process or system, where the direction of growth, performance, or trend shifts markedly.
Product-Market Fit
The degree to which a product satisfies strong market demand, often considered a key indicator of a product's potential for success.
Optimization Theory
The study of finding the best solution from a set of feasible solutions.
Decision Theory
The study of how individuals make choices among alternatives and the principles that guide these choices.
Decision Architecture
The design of environments in which people make decisions, influencing their choices and behaviors.
Hick’s Law
A principle that states the time it takes to make a decision increases with the number and complexity of choices available.
Opportunity Cost Neglect
A cognitive bias where individuals overlook or underestimate the cost of opportunities they forego when making decisions.