DECISION MAKING IN MANAGEMENT

DECISION MAKING IN MANAGEMENT

1. Introduction

   • 1. Action
   • 2. Managers
   • 3. Result
   • 4. Decision

2. Decide

   • 1. Conclusion
   • 2. Resolution

3. Desicion

   • 1.Circumstance / situation
   • Behavior / Action
   • do / not to do
   • Planning
   • Organization
   • Check
   • Definition
     • 1. Decision making
     • 2. Organizational Objectives
     • 3. Study of alternatives
     • 4. Reflection /Consideration
     • 5. Leads to commitment

4. Important features

   • 1. Rational thinking
   • 2. Process
   • 3. Selective
   • 4. Purpose
   • 5. Positive
   • 6. Commitment
   • 7. Assessment
     • 7.1 Evaluation of alternatives
     • 7.2 Quality of decisions
       • Dictate
         • Success
         • Failure
     • Around