Tag: decision making

Six Thinking Hats – Edward De Bono

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Used successfully by thousands of business managers, educators, and government leaders around the world, Six Thinking Hats offers a practical and uniquely positive approach to making decisions and exploring new ideas.Your success in business depends on how you think. “The main difficulty of thinking is confusion,” writes Edward de Bono, long recognized as the foremost international authority on conceptual thinking and on the teaching of thinking as a skill. “We try to do too much at once. Emotions, information, logic, hope, and creativity all crowd in on us. It is like juggling…

The Analytic Hierarchy Process

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AHP is one of the main mathematical models currently available to support the decision theory. When looking into how organizations decide over which projects to execute, we notice a constant desire to have clear, objective, and mathematical criteria (Haas & Meixner, 2005). However, decision making is, in its totality, a cognitive and mental process derived from the most possible adequate selection based on tangible and intangible criteria (Saaty, 2009), which are arbitrarily chosen by those who make the decisions. This paper also discusses the importance and some possible criteria for…