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Management & Leadership vocabulary · Decision Making

Decision-making

Meaning in management & leadership, with examples

/dɪˈsɪʒən ˌmeɪkɪŋ/nounCore term

In management & leadership, decision-making means: The process of choosing between different options, including collecting information, weighing risks and benefits, and agreeing who makes the final choice.

In Turkish: karar alma, karar verme

How it is used

Used about how a company or a person decides: fast, slow, centralised or shared decision-making. Before another noun it describes the power to decide: a decision-making body, decision-making authority.

Example sentences

  1. Too many approval steps are slowing down our decision-making.

  2. Team leaders now have more decision-making power over their own budgets.

  3. Good decision-making starts with asking the right questions.

Common collocations

  • decision-making process
  • decision-making power
  • involve people in decision-making
  • speed up decision-making
  • shared decision-making
  • data-drivenBased on the analysis of facts and figures rather than on opinion, habit or intuition; used about decisions, company cultures and organisations.
  • consensusGeneral agreement among all or most members of a group, reached through discussion, so that people can support a decision even if it was not their first choice.
  • trade-offA situation where you accept less of one thing to get more of another, such as lower quality for faster delivery; also the balance you choose between the two.
  • risk assessmentThe process of identifying what could go wrong in a plan or activity, judging how likely and how serious each risk is, and deciding how to reduce it.
  • top-downDescribes decisions, plans or management in which the people at the top decide and those below are expected to carry them out, with little input from lower levels.

More terms: Decision Making

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