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Other factors that could be considered in decision-making models include the potential impact on stakeholders, the feasibility of implementation, the alignment with strategic goals, the potential risks involved, and the availability of resources. These factors can be weighted according to their importance in the specific context of the decision.
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For example, if cost isn't as important as service or vice versa, each can be weighted lower or higher as needed. If the cost scores high on a decision but the rest of the criteria is weighted lower, it will bring the entire score down, which could lead to a different decision depending on what's most important.
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How do you better organize your priorities to make stronger decisions backed up by data? With this collection of decision-making frameworks, you’ll le...
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