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Decision Making Strengths and Weaknesses

This resource explores the strengths and weaknesses in decision-making for MBA students. Strengths include gathering facts, multiple perspectives, patience, and confidence. While weaknesses encompass being too slow, second-guessing, and analysis paralysis. It emphasizes the importance of logical thinking, considering alternatives, and minimizing risks in making sound decisions.

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Decision Making Strengths and Weaknesses

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  1. Decision MakingStrengths and Weaknesses MBA 685 Block II Fall 2010

  2. Strengths • Gather facts/Analysis 14 • Stick by decision/follow through 12 • Multiple perspectives/alternatives 6 • Not too fast/patient 4 • Fast 3 • Logical/deliberative 3 • Confidence 3 • Follow instincts 3 • Spiritual basis 2 • Get input & buy in 2 • Think it through 2 • Fatalistic • Strategy and theory • Experience • Head and heart • Create options • Detail oriented • Ask others • Weighting scales • Minimize risk • Take risks

  3. Weaknesses • Too slow 13 • Second guess (doubt) 10 • Analysis/option Paralysis 8 • Too fast 6 • Rely on others too much 4 • Anxiety/Fear/no trust (I have to be right) 4 • Shallow analysis 3 • Emotional/irrational 3 • Unstructured process 3 • Rely on others to little 2 • Risk averse 2 • No criteria to evaluate outcomes 2 • Making the decision 2 • Too few alternatives • Defer decisions to others • Lack of clarity/vision • Don’t want to be accountable • Focus on the negative • Freeze

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