7 STEPS OF A

DECISION-
MAKING
PROCESS
 •The decision-making process helps
managers and other business people solve
problems by exploring alternative
decisions and choosing the best path.
•Taking a step-by-step approach is an
effective way to make well-informed and
informed decisions
•It will have a positive impact on your
company’s short-term and long-term goals.
•The business decision process is usually
divided into seven steps. Managers can
take many of these steps without realizing
it.
Here are the seven most important steps in
the decision-making process:

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 IDENTIFY THE SOLUTION

•Identify and resolve a

problem or opportunity.
•Determine why this
decision is important to
your client or colleague.

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 COLLECT INFORMATION:
•Gather information so you can make
decisions based on facts and data.
•This requires a value assessment
•To determine what information is
relevant to the decision and how to
obtain it.
•Ask yourself what you need to know
to make the right decisions
• Then look for everyone who needs
to be actively present.

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 IDENTIFICATION OF
ALTERNATIVES
•Identify the various solutions you
have.
•You may have many different choices
when making decisions.
•Therefore, it is important to include
multiple possibilities.
•This will help you determine which
course of action is the best way to
achieve your goal.

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 WEIGH THE EVIDENCE:
•“Evaluate feasibility, acceptability, and
willingness” to determine which
alternative is the best.
•Managers must be able to weigh the
pros and cons
•Then choose the option that offers the
best chance of success.
•It is useful to gain a second opinion
confidently to gain a new perspective on
the subject at hand.

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 CHOOSE FROM
ALTERNATIVES:
•Make sure you understand the
risks associated with the route
you choose.
•Choose alternative combinations
if you fully understand all the
relevant information and the
potential risks.

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 TAKING INITIATIVE
•You will then need to create an
implementation plan.
•This includes identifying the resources
needed and supporting employees and
stakeholders.
•Involving others in your decisions is a
key component in carrying out your
plan effectively.
•So be prepared to answer any
questions or concerns that may arise.

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 REVIEW YOUR DECISION
•Evaluate the performance
decisions.
•Review by yourself by
analyzing what you did
well
•What could be improved
in the following time.

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 •Even the most experienced
business owner can learn
from their mistakes
•Be prepared to adapt your
plans if necessary or move on
to other possible solutions
•If you find that your decision
is not going according to
plan, there are a few steps
you should check in advance
to make a better choice

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