Sources of Information as the Basis for Decisions

How are decisions made in your company? Are decisions prepared properly and appropriately in your company? What sources of information are used to develop a basis for decision making? Are the key stakeholders involved?

Ensure a balanced basis for decision making by including the expertise and perspectives of those around you. Your own observations and knowledge are not sufficient to provide a complete picture. Incorporate insights from colleagues and employees and recommendations from customers and suppliers, and also use additional information available on the Internet.

Beyond information sources, it is important to have a good understanding of the interplay of forces in the environment for which a decision is to be made.


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