Summary

A long awaited second edition of the book which has sold tens of thousands in e-book format and helped business students and professionals all over the world make smarter decisions. Smart Things to Know About Decision Making takes a look at all types of decisions we must make, from the mundane to the insane. Smart decision-makers have the guts to size up a situation, look at the alternatives and decide. They alleviate the risk by using a process to come to the best decision.

Smart Things to Know About Decision Making reveals a five step process to help make successful decisions:

- Preparing to decide - Define the purpose and take a preliminary look at the financial case
- Creating options - Never assume that there is only one possible way of solving a problem
- Evaluating the options - Create the criteria that needs to be met and analyse the risks
- Making the decision - Phew. That was the hard part
- Implementing the decision - Your decision is not complete until you've created an action plan, recorded and re-evaluated your decision

This new edition contains updated examples, links and content including pedagogical exercises to assist learning.