Decision-Making Styles and Tools: A Reflective Report (MGT602)

This report provides an analysis of decision-making styles and tools, focusing on the pre-mortem technique and its advantages in reducing risks and biases. It explores groupthink and its impact on decision-making, contrasting it with other methods to determine levels of rationality and intuition. The report also examines competitor analysis, including components like capabilities, assumptions, and strategies, and discusses sources of data such as competitive intelligence and visual data related to the business context. The author reflects on personal decision-making preferences, incorporating techniques like check-ins to improve focus and openness within decision-making processes, and discusses the importance of reducing risks and dilemmas in the decision-making framework.