DECIDE

"Wherever you see a successful business, someone once made a courageous decision." - Peter Drucker

Decision is

a conclusion or resolution reached after consideration.- Oxford Languages

Choice is

an act of choosing between two or more possibilities. - Oxford Languages

Option is

a thing that is or may be chosen. - Oxford Languages

Trade-off is

a situation in which you accept something bad in order to have something good - Cambridge

Strategy is about knowing your options and making choices after careful consideration. These choices may relate to your products and services, to customer segments and markets, to your capabilities, or to how you plan to win.

In the Diagnose Phase we identified an integrated set of choices for the organization. This phase of the framework is about making such decisions.

Objectives

1. Make decisions after a thorough diagnosis of the situation

Approach

1. Discover what decisions you have to make

2. Identify Options

3. Making Choices after careful consideration

4. Documenting the process of decision making

5. Technique: Decision Matrix

Actors

1. All Stakeholders

Output

1. Decisions

2. Their Rationale

Activities

Conduct Review session

Review the choices and their options in review sessions with stakeholders. Discuss pros and cons. SMEs should lead these sessions to provide guidance, answer stakeholders questions and seek their input for decisions.

Make Decisions

The output of review decisions should be a combined decision of stakeholders.