Monday 4 January 2010

Informed decision making

There are too many impacts of decisions to make truly informed decisions. It is not possible to have a perfectly informed decision without the decision making process taking too long, being too costly, and being too bureaucratic. In lieu of informed decisions:
  • The decision should be accompanied by a document explaining what potential impacts were considered in making the decision. The decision can then be criticised if a particular type of impact was not considered, and that type of impact then considered in future decision making.
  • There needs to be a set of principals to consider in decision making, including, but not limited to: transparency; etc.
  • The decision should be costed, even if the costing is just a guess. Whilst the decision maker should be required to estimate a cost, they should be entitled to give that cost as a range.
  • Only decisions where the decision maker estimates the cost is above a certain de minimus limit should be subject to the above (otherwise the cost of the decision making process could outweigh the cost of the decision).

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