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Decision Making - Competency

Definition: Competence in decision making is the ability to confidently and decisively decide on a course of action after critically analyzing information, parameters and constraints. Informed decisions come from gathering information and viewing the choice from different perspectives. High quality decision making requires flexibility and openness as well as a careful evaluation of the costs and benefits.
Job Skills
Analytical
Administrative Skill
Decision Making
Quality
Problem Solving
Initiative
Innovation
Goals
Time Management
Change Management
Juggling Multiple Responsibilities
Achievement
Results Oriented
Commitment To Result
Technical
Technology Use/Management
Clarity
Excellence
Objectives
Risk Management
Safety
Regulatory/Compliance
360-Degree Feedback Surveys Measuring Decision Making:
Survey 1 (4-point scale; Competency Comments)
Survey 2 (4-point scale; Competency Comments)
Survey 3 (5-point scale; Competency Comments)
Survey 4 (5-point scale; radio buttons)
Survey 5 (4-point scale; words)
Survey 6 (4-point scale; words)
Survey 7 (5-point scale; competency comments; N/A)
Survey 8 (3-point scale; Agree/Disagree words; N/A)
Survey 9 (3-point scale; Strength/Development; N/A)
Survey 10 (Comment boxes only)
Survey 11 (Single rating per competency)
Survey 12 (Slide-bar scale)
Survey 13 (4-point scale; numbers; floating anchors)
Survey 14 (4-point scale; N/A)
Performance Assessments that include Decision Making:
Assessment 1 (5-point scale; IDP Comments)
Assessment 2 (3-point scale with Comments)
Assessment 3 (Manager Assessment; 360-Feedback)
Assessment 4 (3-point scale; Rating Limits)
Assessment 5 (3-point scale; Rating Limits)
Assessment 6 (5-point scale with Comments)
Assessment 7 (Comment Boxes Only; IDP)
Assessment 8 (Comment Boxes Only)
Assessment 9 (3-point scale with Letter Grade)
Assessment 10 (360-Feedback; Bonus/Merit Pay)
Assessment 11 (Core Values & Job Competencies)
Assessment 12 (4-point scale; 6 Comment Boxes)
What is Decision Making?
Decision-making embodies the capacity to confidently identify and pursue an optimal course of action after analyzing relevant information, parameters, and constraints. It involves critically evaluating the situation, considering multiple variables, and synthesizing the findings into a coherent conclusion. It is not merely about making choices but about making well-reasoned and impactful decisions that reflect a deep understanding of the context and the potential implications.

Informed decision-making stems from the ability to gather and integrate diverse perspectives, ensuring that choices are not made in isolation. By seeking input from various sources and considering different viewpoints, decision-makers can identify nuances, address potential blind spots, and arrive at more balanced conclusions.

High-quality decision-making demands both flexibility and rigor, as it balances adaptability with a systematic evaluation of costs, benefits, and potential trade-offs. A careful weighing of pros and cons ensures that decisions are pragmatic and sustainable. More than just the act of making a choice, decision-making reflects the capacity to navigate complexity, exercise sound judgment, and align decisions with long-term goals and values.
Why is Decision-Making Important?
Decision-making directly impacts an organization's ability to adapt, grow, and achieve its objectives. Businesses operate in dynamic and complex environments where leaders and teams must constantly navigate uncertainties, competitive pressures, and shifting market demands. Effective decision-making ensures that resources are allocated wisely, strategies are aligned with both short-term priorities and long-term goals, and risks are minimized. Without this competency, businesses risk stagnation, inefficiency, and missed opportunities, which can be detrimental in an ever-evolving marketplace.

Decision-making fosters innovation, collaboration, and resilience within an organization. Leaders who demonstrate flexibility and openness inspire confidence among their teams, creating a culture of trust and shared responsibility. Informed decisions that incorporate diverse perspectives and evidence-based reasoning are more likely to gain buy-in from stakeholders and drive sustainable outcomes. This not only enhances the company's ability to solve problems and seize opportunities but also strengthens its reputation and competitive edge in the industry.
What are key aspects of Decision Making?
  • Confidence
  • Decisiveness
  • Analytical
  • Critical Thinking
  • Decision Quality
  • Goals
  • Collaboration
  • Forward-Thinking
  • Self-Awareness
  • Understanding Constraints
  • Flexibility
  • Costs and Benefits
How can I improve my Decision Making?
  • Information Gathering: Actively gather diverse perspectives by consulting experts and incorporating input from various stakeholders.
  • Analysis: Leverage data and analytics to ensure decisions are evidence-based and well-informed.
  • Critical Thinking: Develop critical thinking skills to evaluate information objectively, identify biases, and anticipate outcomes.
  • Build Resilience: Practice scenario analysis and decision modeling to prepare for uncertainties and assess potential consequences.
  • Self-Awareness: Foster emotional intelligence and self-awareness to stay composed under pressure and make balanced decisions.
  • Continual Improvement: Reflect on past decisions—both successes and mistakes—to identify patterns and continuously improve judgment.
  • Professional Development: Participate in leadership training, decision-making workshops, or other professional development opportunities.
  • Flexibility: Cultivate flexibility and openness to reassess assumptions and adapt to new information or changing circumstances.
What are the benefits of Decision-Making?
Good decision-making significantly enhances a business' ability to operate effectively and achieve long-term success.
  • Improved Efficiency: Sound decisions ensure optimal allocation of resources, reducing waste and maximizing productivity.
  • Risk Mitigation: Thoughtful decision-making helps identify potential risks and implement strategies to minimize them, safeguarding the business from unnecessary setbacks.
  • Enhanced Innovation: Encouraging informed and flexible decision-making fosters creative problem-solving and supports the development of innovative products or services.
  • Increased Employee Engagement: Transparent and well-communicated decisions build trust among employees, promoting a sense of inclusion and shared purpose.
  • Stronger Stakeholder Relationships: Good decisions that consider the needs of customers, partners, and investors enhance reputation and foster loyalty.
  • Strategic Growth: Effective decision-making aligns business strategies with market demands and long-term goals, driving sustainable growth and competitiveness.
  • Adaptability to Change: Businesses with strong decision-making practices are better equipped to respond to changes in the market, economy, or industry landscape.
By prioritizing high-quality decision-making, a business can position itself for resilience, adaptability, and sustained success in an ever-evolving environment.
What questions could you consider for including on a 360-degree feedback assessment regarding Decision Making?
The questionnaire items below will measure competence in Decision Making. These questions are grouped into different facets of feedback. When creating a 360-degree or other performance assessment, try to select one or two items from each group.

360-Feedback questions that measure Decision Making



Confident


Decisiveness


Analytical


Critical Thinking


Decision Quality


Goals and Objectives


Informed Decisions


Includes Others


Forward Thinking


Self-awareness


Different Perspectives


Creativity


Parameters and Constraints


Flexibility and Openness


Costs and Benefits


Emotional Intelligence
Want more Decision-Making items?
View more Decision-Making items here.