Types of Decision-Making Skills You Need To Know
Types of Decision-Making Skills You Need To Know

Types of Decision-Making Skills You

Types of Decision-Making Skills You Need To Know – Every workplace needs people with diverse types of decision-making skills. All decisions in the workplace, both big and small, require a decision-making process. Even if you don’t realize it, you are going through some decision-making process every day.

There are various decision-making processes, not all of which are explored here. For example, “emotional” is an overall decision-making process used by people who make decisions based on their feelings.

There are certain types of decision-making that are both common and valuable in the workplace. Those are the ones we would like to highlight here. The following are several examples of decision-making and examples of how you can use it in the workplace.

What are decision-making skills?

Decision-making skill refers to your ability to select the best possible option from the available options. The ability to maintain good judgment helps contribute to a company’s goal. This process involves using the information to assess the risk and opportunity associated with each option. Good decision makers remove the prejudices that may affect their choices. Employers expect managers to make excellent choices based on facts and data rather than intuition.

What can stop you from making effective decisions?

Many problems can prevent effective decision-making. This includes:

1. Not enough information

If you don’t have enough information, it can feel like you’re making decisions without any basis.

Take some time to collect the necessary data to inform your decision, even if the time frame is very tight. Prioritize your information gathering by identifying what information will be most important to you, if necessary.

2. Too Much Information

The opposite problem, but one that is seen surprisingly often: having so much conflicting information that it is impossible to see ‘wood for the trees.

This is sometimes called analysis paralysis and is also used to delay organizational decision-making, in which those involved demand more information before making a decision.

This problem can often be solved by deciding what information is important and why and by setting a clear time frame for decision-making, including the information gathering phase.

3. A lot of people

It isn’t easy to decide by the committee. Everyone has their views and their values. And while it is essential to know what these thoughts are and why and how they are important, it may be necessary for a person to take responsibility for making decisions. Sometimes, one decision is better than none.

4. Vested interests

Vested interests often burden the decision-making process. These vested interests are often not expressed openly but can be a significant deterrent. Because they are not expressed openly, it is difficult to identify them and address them. Still, it can sometimes be possible to do so by exploring them with someone outside the process but with a similar one in a situation.

It can also help to explore rational/intuitive aspects with all stakeholders, usually with an external facilitator to support the process.

5. Emotional Connectivity

People are often very connected to the status quo. Decisions involve the possibility of change, which many people find difficult.

For more information on overcoming this, see our change management page, but remember that a ‘decision not to make is also a decision.

Five different types of decision-making skills:

1. Intuitive

Intuitive is one of the simplest and arguably most common ways to make decisions. However, it should be noted that this is not always the best approach. Intuitive decision-making involves relying on a decision that feels right without necessarily thinking about the logic that goes into that choice. An example might be deciding to use software because you like it after a few minutes, rather than comparing it to other types of software and determining which a better value is.

2. Rational

Rational decision-making is the type of decision-making that most people would like to believe they do. It uses logic to determine which is best by reviewing all possible alternatives and evaluating each option using logic and reasoning. An example would be to list all possible marketing methods with a budget, data, and more, then figure out which will provide the best investment.

3. Satisfactory

Satisfactory is to accept that which is satisfactory for the company’s needs. A non-working example would be deciding that you need coffee and then going to the nearest coffee shop, even if it’s not the best, just because you’re done. This means you may miss out on better options.

4. Collaborative

Collaborative is precisely what it sounds like. Instead of making the decision yourself, you cooperate in some way to make the decision. An example might include:

  • Meeting with others to voice their opinion.
  • Voting on a final decision (although this may integrate other decision-making models).
  • Otherwise, relying on the whole group.

5. Combination

Not all decision-making falls into one simple bucket. Instead, many people use a combination of these decision-making styles. For example, rational and intuitive can be easily combined. The person doesn’t necessarily use data or make logical charts, but they think about the decision from a logical point of view and then go with their gut on the final decision.

Understanding your best decision-making style will permit you to prepare answers to interview questions.

Decision-making ability in the workplace

You can use your decision-making ability in the workplace in the following ways:

Manage your emotions. While emotions play an essential role in deciding something, make sure you use your emotional intelligence to make better decisions. Being overly emotional about a decision can create bias and hinder your reasoning ability.

Be outspoken. Take charge of your decisions without being aggressive. On the contrary, being assertive boosts your confidence and gives you the power to make tough decisions.

Use experiments. Experimenting with your decisions can assist you in considering the consequences of your decisions. For example, if you plan to incorporate project management software, use the free trial and ask some employers to use it and see if they find it helpful.

How to highlight Your Decision-Making Abilities

Use these steps to uncover your decision-making ability during the hiring process:

1. Highlight These Skills on Your Resume

Using the right words in your resume is a great way to showcase your skills to employers. For example, using words like decide, strategic, executed, and selected can show employers your ability to make decisions in the workplace. When writing your resume, review the job description and comprise keywords. This makes your resume compliant with the Applicant Tracking System (ATS) and increases your chances of earning an interview.

2. Include Them in Your Cover Letter

Use your cover letter as an opportunity to demonstrate your decision-making abilities. Start by using a real-life example and include details on how your decision impacted the project. Then, to increase your chances of getting hired for a desirable role, measure the impact of your decision. It shows the employer that you can make practical and right decisions. Then, focus on systematically spreading the decision-making keywords throughout the cover letter.

3. Talk about them during the interview

Your job interview allows you to discuss the business decision and its implications. Employers expect professionals to exemplify their decision-making ability when interviewing for managerial roles. Therefore, prepare for typically asked interview questions that test your skill set. It helps you give meaningful feedback, which improves your chances of getting hired.

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