Judgement and Decision Making

Judgment and decision making involve evaluating information and options to choose the best course of action. Judgment refers to assessing the value, risks, and benefits of a situation, often influenced by experience, emotions, and biases. Decision making is the process of selecting among alternatives based on that judgment. It can be quick or deliberate, rational or influenced by intuition. Good judgment and decision-making skills help individuals and organizations solve problems effectively and adapt to complex or uncertain situations, balancing reasoning with personal or contextual factors to arrive at well-informed choices.