1 Decision making is an art only until the person understands the science. Decision power is mind power.
2 Digital maturity is to ensure that the right decisions have been made by the right people at the right time to solve the right problems.
3 An effective decision can be defined as an action you take that is logically consistent with the alternative you perceive, the information you get and the preference you have.
4 What seems to differentiate good decision-makers out from others is their ability to frame issues, problems, and decision options and turn them into the best possible outcomes.
5 One interpretation of information may differ greatly from another interpretation of that same information. Avoid group thinking syndrome caused by homogeneous team setting in decision making.
6 Decision masters are people; neither data nor process.
7 It is often said that a wrong decision taken at the right time is better than the right decision taken at the wrong time.
8 Due to complex and change the nature of the digital business ecosystem, more often than not, decision-making needs to take collaborative efforts and collective wisdom, brainstorm possible options and make alternative solutions.
9 Having all the facts to make the best decision is a utopia we would all like. But in practice, each person has his or her own cognitive strength, knowledge expertise, capability, experience, or the tailored style to become a decision master.
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