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Data Based Decision Making – Top 11 Tools With Examples

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Master 11+ proven decision-making tools to make Smart, Fast & Confident Choices in Critical Situations and Daily Life
1
1/5
(90) Ratings
342 students
Created by Vijay Sabale
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What you'll learn

  • Data Based Decision-Making
  • Top 11 Decision Making Tools
  • Decision Matrix (Prioritization Matrix)
  • Pareto Analysis (80/20 Principle)
  • SWOT and TOWS Analysis (IE Matrix)
  • Financial Decision Making Tools
  • Cost Benefit Analysis (CBA)
  • Return on Investment (ROI)
  • Payback Period
  • Force Field Analysis
  • Six Thinking Hats
  • Decision Trees
  • Hypothesis Testing
  • Root Cause Analysis (RCA)
  • Delphi Method
  • Pros and Cons List
  • W-R-A-P Technique in Decision-Making
This course includes:
1 total hour on-demand video
0 articles
0 downloadable resources
9 lessons
Full lifetime access
Access on mobile and TV
Certificate of completion
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Course content

Requirements

  • Must be able to understand English

Description

Dear Learners, Leaders and Professionals,

Every day, we make decisions — some simple, some life-changing. But in today’s fast-paced, high-pressure environment, making the right decision can often feel overwhelming. This course brings you a practical and powerful framework with 11+ time-tested data based decision-making tools used by successful leaders, strategists, and professionals worldwide.

Whether you’re deciding where to invest your time, money, or energy — or tackling complex business, personal, or team-based challenges — this course will help you approach decisions with clarity and confidence.

Tools you’ll learn include:

  1. Decision Matrix (Prioritization Matrix)

  2. Pareto Analysis (80/20 Principle)

  3. SWOT & TOWS Analysis (IE Matrix)

  4. Cost Benefit Analysis (CBA)

  5. Return on Investment (ROI)

  6. Payback Period

  7. Force Field Analysis

  8. Six Thinking Hats

  9. Decision Trees

  10. Hypothesis Testing

  11. Root Cause Analysis (RCA)

  12. Delphi Method

  13. Pros and Cons List

  14. W-R-A-P Technique

You’ll gain hands-on strategies to:

  • Make faster, smarter decisions

  • Evaluate risk and reward with data and logic

  • Solve root problems instead of surface symptoms

  • Choose confidently even under pressure

This course is ideal for professionals, students, leaders, and anyone seeking to sharpen their decision-making edge. With real-life examples and easy-to-apply tools, you’ll walk away with a toolkit for life that empowers you to take control of your choices — and your results.

Who this course is for:

  • Leaders
  • Managers
  • Supervisors
  • Group Leaders
  • Management Team Member
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