Decision Making – “a thought process of selecting a logical choice from the available options” ?.
Good description, but; Do we always have choices to make decisions? Do we always behave with all the logic? With all the logic, choices & rationality, do we always make the ‘appropriate decisions’?
I don’t know 🙁 but, one thing is for sure in ‘Decision Making’…”More often than not, the *Cost of Delay* in Not taking a decision & actioning it, leads to quite a disaster vs making a right or a wrong decision”.
‘Cost’ of Delay = ‘Time & Value’ Decay.