The art of decision making (by Zeger Degraeve, 21 Oct 2010)

All the problems, whether in business, government, or personal life, can be addressed with the ICACI approach.


I: Information - What information is necessary to make a sound decision?
C: Criteria - What criteria should be applied?
A: Alternatives - What alternatives do I have (or should I consider)?
C: Consequences - What are the consequences of the Alternatives?
I: Intuition - What does my intuition, the combination of my past experience and lesson, tells me?

I like this approach. It's simple, effective, and widely applicable.