Want this question answered?
what are the two specific necessary decision making skills
Decision making is one of the many tasks of a manager. They are usually the final decision maker in most situations. They are responsible for making sure everyone under them is doing their job and is trained as well.
Manger is the most important person of the organization he has to take all kinds of resources utilization decision. for example: Human resource, that must be placed in the proper place. in the operation of factory he must decide from the raw material to sales process. In the general sense we can say that decision making is the one of the most vital function of the management that approach the best alternative among the available alternative. Decision making is the most challenging job for the manager, there are so many steps to take the decision if he follow the some major steps that will be the rational decision from his/her organization. They are: 1. Collect needed information from the internal sources of organization. 2.Collect needed information from task and external sources of organization. 3. Environment scanning 4. Analise the opportunities 5. Getting some related information from expert. 6. Draft circular to subordinates 7. Collect the feed back from all 8. Decision making.
The answer depends on how is participative management defined, I assume you mean the style where decision-making is more inclusive and leaders/managers incorporate employees' thoughts, ideas and contributions into overall decision. Here are some disadvantages to keep in mind: 1. Decision-making process can be very slow. This of course depends on what form of participative management is being practiced; if everything requires consensus or majority, speed of decision can be huge problem, and sometimes decisions will not be made at all. 2. It is easy for leaders to abdicate their responsibility in this model because participative management can easily degenerate into decision-by-committe. 3. Decisions can be sub-optimal in many cases if the focus is on remaining participative (and inclusive) and not on making right decision. Here is a good link on this: Participative
Business process re-engineering is the process of making business processes efficient. Many managers do this when they are trying to improve business performance.
7
Seven Steps
Seven
true
There are many aspects of the decision making process that fit the description of a rational choice. One aspect is the ability to see the usefulness of it.
The Decision Support Model has how many steps?
There are many factors in the economic decision making process. One is which goods consumers like better than others. Others include price and quality. All of these factors create and individuals demand curve.
Critical thinking is used in many situations. Using critical thinking can provide organized, unclouded, non-bias, and logical, thoughts. This provides tons of insight when one is making a decision or trying to problem solve.
There are many different skills of a storekeeper. Some of these skills include critical thinking, coordination, service orientation, management, decision making, and complex problem solving.
Decision making is part of life in everybody's day to day life. For managers, decision making is one of the primary tasks. Management comprises of the following tasks : POSDCORB - Planning, Organizing, Staffing, Directing, Co-ordinating, Reporting and Budgeting. Management is a dynamic process. In very process, the decision of a manager has the impact on the result. Managemnet is a social organ, the decision by the manager affects the society as a whole. A manager needs to take decision on so many circumstances like under certainity and uncertainity. Every decision he makes has the consequences on the development of the company.
The limiting factor is the biggest thing that stands in the way of you solving a problem or accomplishing an objective. Locate the limiting factor as part of your decision-making process to avoid making mistakes. Failure to follow the principle of the limiting factor leads to many poor decisions.
While the Associated Press (AP) Style Book-the preferred source for written style for thousands of journalists world-wide (at least those who write for the English language)-state that decision making be hyphenated in all cases (e.g.: decision-making, decision-maker), and while as a former editor and publisher, I would typically defer to the AP style, I prefer the answer provided by a number of other sources (including many, if not most, American universities and government agencies, as well as virtually all on-line resources) which say that the compound should be hyphenated when used as an adjective, and not hyphenated when used as a noun (e.g.: our decision-making process versus the process of our decision making, etc.)