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Creativity is a process of developing and generating new novel and unique ideas, biews, opinions and systems to solve the provlems and to take dicision systematically. Dicision is a process of selecting best course of action among from many alternatives. Dicision making is an important functionof management because long term survival of organization always depends on managerial decision. Environment is competative and dynamic so development of creativity or unique ideas is essential for competitive strength.
Cteativity is a process of analyzing organizational provlem by system ir is not a super human or supernatural ability but process of reflecting internal factors behaviors and knowledge which can be acquired from practice and experiences. Similarly it is not a devine gift of development or higher education. Environment is dynamic environmental factor market demand and fashion of today maynot be same in romorrow. Needs, desires and interests of costomer may be change as per environment. In this situation market cannot be lead by the organization only from traditional way of ecision making and hystorical ideas. So creativity play an important role to take modern decision from scientific approach.
Creativity plays vital role in the process of decision making so role of creativity and decision can be explained with the help of following points:
1. It helps to generate scientific way and modern approach to solve organizational provlem. It helps to innovate new tecnilogy and new production system because without creativity innovation is impossible.
2. It helps to collect more information and evaluate them from different mathematical and statistical tools. It helps to scan internal and external environment.
3. It helps to allocate orgational resources properly and scitntifically.
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Role of cost accounting in managerial decision making?
Role of cost accounting in managerial decision making?"
Role of managerial economic in decision making?
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
What is the Role of DBMS in decision making?
Without decision making we can't do anything in DBMS.
What role do intuition and creativity play in the decision making that is evident in 3m's efficiency and creativity conundrum?
In 3M's efficiency and creativity conundrum, intuition and creativity are essential for fostering innovation while balancing operational efficiency. Intuitive decision-making allows employees to explore unconventional ideas that can lead to breakthrough products, while creativity drives the development of solutions that enhance productivity. However, the challenge lies in ensuring that the push for efficiency does not stifle creative thought, which is crucial for maintaining 3M’s reputation for innovation. Thus, nurturing an environment that values both intuition and creativity is vital for sustainable growth.
What role does the cost of capital play in the financial decision making of the firms top managers?
What role does the cost of capital play in the financial decision making
What is the role of Anishinabe men in decision making?
men were a huge part in decision making, and the elders always made the final decision.
When does a citizen have an equal role in decision making?
to vote
Describe the decision - making role of citizens in countries that are dictatorships and in coutries that are absolute monarchies?
Describe the decision-making role of citizens in countries that are dictatorships and in countries that are absolute monarchies.
Role of boards and committees in decision making?
its is powerful all about
How creativity can be applied to decision making?
The key is to generate lots of potential ideas early in the decision making process. Avoid early filtering. Multiple people in the group can help achieve this but the leader must limit criticism. The group must then look at combinations of the ideas and find ways around objections or problems with ideas. Only then should the range be narrowed and analyzed. This approach has been tested and proven to be the best way to apply creativity to decision making.
What do Custom made decision require?
CREATIVITY
What is unstructured decision making?
Unstructured decision-making is a process where decisions are made without a predetermined set of procedures or guidelines. It often involves complex and ambiguous problems that do not have clear solutions. This approach allows for flexibility and creativity in problem-solving.
