How do you differentiate decision-making tools?
Decision-making tools are methods, models, frameworks, or techniques that help you analyze, evaluate, and choose among different alternatives. They can help you improve your decision quality, efficiency, and confidence, as well as avoid common biases and pitfalls. However, not all decision-making tools are suitable for every situation. You need to differentiate them based on various criteria, such as the type, complexity, and urgency of the decision, the available data and resources, and the desired outcome and impact. In this article, you will learn how to differentiate decision-making tools by using four main categories: rational, intuitive, creative, and participative.