MANAGEMENT

Managing Organisations

How managers engage with effective decision-making in organisations

Introduction

Decision-making may be viewed as the process of selecting a course of action from among several alternatives in order to accomplish a desired result. The purpose of decision-making is to direct human behaviour and commitment towards a future goal. If there are no alternatives, if no choice is to made, if there is no ?other way-out?, then there would be not need for decision making.

Discussion

The responsibility of managers is to make a good decision with the concentration with seniors in the organisation and right decision makers, are those who plan, organise, lead and control the organisation. The different options are properly assessed to take a final decision. The decisions are informed to the relevant persons for taking actions. The execution of a decision will need the co- operation of subordinates. They should be rightly briefied about about aspects of the decision. To take favourable decision, we must have skilled managers It is not sufficient to take a decision, it should be seen whether it is properly executed or not. The follow up action of a decision will show that it is based on some wrong facts. In such circumstances, the decision should be reviewed, and necessary changes could be made, if required. To follow up is also and important factor of decision making.

Decision making is the selection of a course of action among alternatives it is the care of planning. Louis Allen, Decision making is the work a manager performs to arrive at arrive at the judgement.? Decision-making is the core of human life and behaviour. Managers have to make the best possible decisions. Decision-making is a core of planning. The manager should make the decision and he does through making decisions and getting them implemented in an effective manner. Management is always a decision making process. The quality and timeliness of decisions reflect the intelligence, competence, sense of commitment, and character of decision makers (or managers) also determines the success, growth and development of the organisation.? Decision-making is an essential part of managing and managerial process. It exists in all managerial functions. When a manager plans, organises recruits, directs, or controls, he has to make a decision. Setting up goals, formulation of policies and strategies, designing the organisation structure, communication of facts and information, supervision, reward or punishment, grievance handling, etc., If we make the rational decision. Sometimes management makes effective decisions; the other times it makes unfavourable decisions. We have also to make decisions immediately for business in emergencies. Decisions may be personal or organisational, routine and repetitive or non-repetitive, individual or group, policy or executive, strategic or operational so on.

Conclusion

Decision-making is the important part of business management. Without decision-making, no managers run the business effectively and efficiently making products and services run links with the business money and financial totality. Business includes profits and losses both. Many companies have their own rules and regulations. Private and Public companies have their own respective powers to frame their ...