Category Archives for Decision Making

Fishbone Diagram Tutorial

Using a fishbone diagram can help an organization find the root causes of a problem. No matter what line of work you are in, sometimes things go wrong. Some things that go wrong will be obvious and easy to resolve while others will be more complex. When complex problems occur, a fishbone diagram can help […]

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Elaboration Likelihood Model

The elaboration likelihood model (ELM) is a theory of persuasion or attitude change that proposes that people can be persuaded in one of two ways. What does elaboration mean in the context of the model? You can think of elaboration as referring to how much conscious thought you put into making a decision. If you […]

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Pareto Analysis (The 80/20 Rule)

Pareto analysis is a problem solving and decision-making tool that can help you choose the appropriate course of action when many options are available, and there aren’t enough resources to pursue all options. Imagine you are the Leader of a small startup. You have to make important decisions about how to invest your time and […]

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The Action Priority Matrix

The Action Priority Matrix is a tool that enables you to make the most of your time by helping you choose the right tasks and opportunities to pursue. The world is full of opportunities. Unfortunately, there is never enough time to pursue all of these opportunities. Because of this, you need to choose your opportunities […]

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