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DOCUMENT DESCRIPTION

Strategic Decision Making is a complex process with a lot riding on those decisions. Eliminating risk from Decision Making is unthinkable but radically enhancing chances of success is a realistic goal.

Having access to a variety of Decision Support Tools increases the likelihood of making a successful decision provided the decision maker has knowledge of which tool to employ or a combination thereof in various scenarios.

This presentation discusses 5 core Decision Support Tools usually used in Strategic Decision Making process:

1. Conventional Capital Budgeting Tools
2. Quantitative Multiple Scenario Tools
3. Qualitative Scenario Analysis
4. Case-based Decision Analysis
5. Information Aggregation Tools

In making strategic decisions, the issue is not lack of Decision Making Tools. Rather, it is knowing which tools to use under which situation. To better understand how and when best to utilize these tools, we then analyze 5 Strategic Decision Making scenarios in detail, evaluating the proper usage of the Decision Support Tools.

The slide deck also includes some slide templates for you to use in your own business presentations.

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Source: Decision Support Tools PowerPoint document

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Decision Support Tools

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Tag(s): Decision Making

Number of Slides: 27 (includes cover, transition slides)

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Upload date (first version): May 20, 2021






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