Importance Of Decision Making

1950 Words8 Pages

Introduction Decision making is the process which needs to be started by identifying the problem and analyzing the solution to the problem and arranging the same to an organized format for delivering the solution to the organization or in real life In an organization n number of decisions has to be taken in our day to day basis related to it work processes, employees, technology, finance, sales and production. Thus the decision taken by one should be in such a way that employees in the organization are benefited irrespective of the hierarchy. These decisions taken should be taken in such a way that it benefits the business performance. A decision remains effective if the decision making was in time and has helped many judicially. Definition …show more content…

Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that fits with our goals, objectives, desires, values, and so on.” An Important Decision taken in my organization Making decisions in a company or organization happens at all levels. A manager of a business shouldn’t assume he’s right in every decision he has to make. In that regard, different types of decision-making should be taken depending on the situation at hand
Many factors that can affect the decision making , sometimes it is possible that when we have a planned decisions for the organization keeping each and every employee in mind that some or other way the plan get distorted. Some of the affects that can make difference in the decision making is the past experience of the employee in his life, the age difference of an employee and personal dissatisfaction, job dissatisfaction due to improper and effective communication, choices of people from different cultural background.
Understanding the factors that influence decision making process is important to understanding what decisions are made. That is, the factors that influence the process may impact the …show more content…

Sometimes it is possible that there could be unnecessary conflicts occurring between the employee and the managers. This has to be sorted out by being nice to the people avoiding the enmity in the work front. Whenever the decision making steps is depends on your decision either the decision is taken in such a way that it benefits the complete organization or it benefit your own thoughts. One’s decision should be so impulsive that before the event occurs he should be ready for the consequences to face and take it as a challenge and complete it. All these components make up decisive behavior techniques and flow out of an overall orientation toward action, and an assumption of risk. These components do encourage individual development through self-awareness, as well as skill acquisition and improved competence. Individually satisfying all the hierarchy of needs is very difficult, and knowing every individual personally is also very crucial challenge. For the best benefit I always wished to conduct meetings among my team members on weekly basis to know their views for the project and the efforts they are going to take upon to complete the project requirement. I opted for 5 of each team where I believed that team work will give more benefit of output rather than an individual

Open Document