Question

Explain innovative techniques for decision making, including brainstorming, evidence-based management, and after-action reviews.

Answer 1

Innovative decision making techniques:

1. Trial and error: It is one of the oldest methods of decision making. In this method decisions are based on trials and errors caused are used for future references.

2. Delphi technique: In delphi technique of decision making a number of questionnaires are sent to a panel of experts. Experts shares their views and the views are exchanged among the members anonymously. A decision is taken after several rounds of discussions.

3. Brainstorming: Brainstorming is one of the most effective techniques of idea generation and decision making. In brainstorming, a number of participants come together and pool their ideas without any any restrictions. Members are provided free atmosphere to air their views. A facilitator notes all the ideas and best among them is selected through consultation.

4. Evidence based management: Evidence based management is based on the notion that decisions are based on critical thinking and best available evidence. Managers who adopt evidence based management for decision making judiciously make use of best available resources for arriving at a decision.

5. After action reviews: After action review is a process where in managers review the pros and cons of their work methods, techniques and approaches after completion of a project. Decision making for future is drawn from the good and bad that comes out of the review.

Answer 2

Innovative decision making techniques:

1. Trial and error: It is one of the oldest methods of decision making. In this method decisions are based on trials and errors caused are used for future references.

2. Delphi technique: In delphi technique of decision making a number of questionnaires are sent to a panel of experts. Experts shares their views and the views are exchanged among the members anonymously. A decision is taken after several rounds of discussions.

3. Brainstorming: Brainstorming is one of the most effective techniques of idea generation and decision making. In brainstorming, a number of participants come together and pool their ideas without any any restrictions. Members are provided free atmosphere to air their views. A facilitator notes all the ideas and best among them is selected through consultation.

4. Evidence based management: Evidence based management is based on the notion that decisions are based on critical thinking and best available evidence. Managers who adopt evidence based management for decision making judiciously make use of best available resources for arriving at a decision.

5. After action reviews: After action review is a process where in managers review the pros and cons of their work methods, techniques and approaches after completion of a project. Decision making for future is drawn from the good and bad that comes out of the review.