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Decision Making Glossary - D

We have put together a glossary for decision making related terminology and acronyms to convey our meaning on this important topic.

Decision

The word Decision is an overloaded term and can mean all of these distinct states depending on your company culture and/or education:

  • The fundamental question that demands a solution; the problem to be solved
  • A choice among alternatives; an allocation of resources; a conversation for action
  • The choice that is made (one of the alternatives considered) [ESDM]

Decision Making

Decision making is a process of first diverging to explore the problem to be solved or the available opportunities to seek and then converging on one or more solutions.

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