Making successful decisions

Decisions influence whether your company is successful and will continue to be so. Decisions open up possibilities, mark boundaries and shape capabilities, which in turn also affect future decisions. Decisions can lead to market-driven performance with the acquired capabilities within the scope of possibilities, which in turn determine success and stability. Success and stability in turn affect decisions. Meaningful differentiation can also be achieved through decisions. In short, the goodness of decisions is what makes entrepreneurship work.

Good decisions can be significantly promoted by holistic controlling.

To make good decisions, first become aware of what is decided in your organisation and what should be decided. The choice of topics for decisions is essential. Also look at whether the decision-making process is well laid out in your organisation. To make good decisions, knowledge of game theory can be very helpful.


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