I. What are the Six Thinking Hats? The Six Thinking Hats is a method developed by Edward de Bono in the 1980s as a tool to improve decision making and critical thinking. The concept behind the Six Thinking Hats is that individuals can wear different “hats” or perspectives when approaching a problem or making a … Read more
What is Majority Rule? Majority rule is a decision-making principle that asserts that a decision is made by the majority of individuals in a group. In other words, the option that receives the most votes or support from the group is the one that is chosen. This principle is commonly used in democratic societies and … Read more
What is Dot Voting? Dot Voting, also known as dotmocracy or dot democracy, is a decision-making technique used to prioritize ideas or options within a group. Participants are given a certain number of adhesive dots or stickers to place on a board next to the ideas or options they believe are the most important or … Read more
What are Conflict Resolution Techniques? Conflict resolution techniques are strategies and methods used to address and resolve conflicts in a constructive and productive manner. These techniques aim to find mutually acceptable solutions to disagreements and disputes, while also preserving relationships and promoting understanding between parties involved in the conflict. Conflict resolution techniques can be applied … Read more
What is Facilitative Decision Making? Facilitative Decision Making is a process in which a neutral facilitator helps a group of individuals reach a consensus or make a decision. The facilitator guides the group through the decision-making process by encouraging open communication, active listening, and collaboration. The goal of Facilitative Decision Making is to ensure that … Read more
What is Proxy Voting? Proxy voting is a process in which a shareholder delegates his or her voting rights to another person or entity. This designated proxy then votes on behalf of the shareholder at a company’s annual general meeting or other important corporate events. Proxy voting allows shareholders who are unable to attend meetings … Read more
What is Modified Borda Count? Modified Borda Count is a voting system that is used to determine the ranking of a set of alternatives based on the preferences of a group of decision-makers. It is an extension of the traditional Borda Count method, which was developed by the French mathematician Jean-Charles de Borda in the … Read more
What is SWOT Analysis? SWOT Analysis is a strategic planning tool used by organizations to identify and analyze their Strengths, Weaknesses, Opportunities, and Threats. It provides a comprehensive overview of the internal and external factors that may impact the organization’s ability to achieve its objectives. By conducting a SWOT Analysis, organizations can gain valuable insights … Read more
What is a voice vote? A voice vote is a method of voting in which members of a group or assembly verbally express their support or opposition to a motion or proposal. Instead of casting a written ballot or using electronic voting devices, participants simply say “aye” or “yes” to indicate approval, or “no” to … Read more
What is a Decision Matrix? A decision matrix, also known as a grid analysis or Pugh matrix, is a tool used to evaluate multiple options against a set of criteria in order to make informed decisions. It is a systematic approach that helps individuals or teams compare and prioritize various alternatives based on their relative … Read more
