Measuring decision quality
Measuring the decision quality is an important part of decision knowledge. The quality is not always measured by the decision outcomes as the amount of factors are way complicated in real life business to be considered totally. Measurement cannot depend on qualitative data as interpretation can vary significantly.
The measurement of decision quality allows tthe decision makers to lean assesing decision for more robust decisions. It is also a learning curve which allows the decision maker to improve with experience when usin the appropriate theory and tools.
I can assess the quality of decisions i have to make by examining wide range of alternatives, understand all the objectives and decision requirements, understand associated positives and negatives and assess the possibility of decision implementation. This will allow me to to make an informed decision by measuring its quality before agreeing to it as the most robust decision can be out of the decision list.