"DecisionCompetence" – what is it?
The distinct skills displayed by individual employees and (senior) managers in making successful and sustainable decisions, whilst taking into account rational and intuitive judgments.
What does "deciding" mean?
Every perception, thought, and action is a decision. Why? Because you select one from among different choices at any given time and thereby eliminate others. When you look to your right, you don’t see what is happening on your left…
You cannot not decide!
Even the decision to not make a decision has consequences and therefore constitutes a decision. It is impossible to evade the time of decision making.
Necessity, not a luxury
The development of decision making on an individual basis is crucial in order to maximize profits and minimize losses. Here are the reasons why:
- We decide on a daily basis whether we want to or not.
- Rationally and intuitively influenced decisions can either bring us success or bring us failure.
- Every decision will always involve intuition and emotion as well.
Therefore professional handling of intuition is required.