In what ways can data analysis and technology enhance the decision-making process, and what are some potential drawbacks of relying heavily on these tools?
What are the key steps involved in a structured decision-making process, and how can each step be effectively implemented to ensure a successful outcome?
In what ways can data-driven decision-making improve organizational performance, and what challenges might organizations face in integrating data analytics into their decision-making processes?
**What are the key factors to consider when evaluating different decision-making models to determine which one is most suitable for a specific organizational context?
2. **How do cognitive biases affect decision-making processes, and what strategies can be implemented to mitigate their impact and improve decision quality?