Decision quality (DQ) is the quality of a decision at the moment the decision is made, regardless of its outcome. Decision quality concepts permit the assurance of both effectiveness and efficiency in analyzing decision problems.[1] In that sense, decision quality can be seen as an extension to decision analysis. Decision quality also describes the process that leads to a high-quality decision. Properly implemented, the DQ process enables capturing maximum value in uncertain and complex scenarios.[2]
^Ronald A. Howard, "Decision Analysis: Practice and Promise", Management Science, Vol. 34, No.6, June 1988
^Larry Neal and Carl Spetzler, "An Organization-Wide Approach to Good Decision Making", Harvard Business Review, May 27, 2015
Decisionquality (DQ) is the quality of a decision at the moment the decision is made, regardless of its outcome. Decisionquality concepts permit the...
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