Decision making is the key aspect of management. There are lots of decisions that needs to be made by an organization's management in order to move the organization forward.
The degree to which decision making is confined at a single point in an organization is described as centralization. In a centralized structure, decision-making authority is concentrated at the top levels of management, leading to uniformity in decisions but potentially reducing responsiveness to local needs. Conversely, decentralization allows for more distributed decision-making, empowering lower levels of the organization to make decisions. The balance between centralization and decentralization can significantly impact an organization's efficiency and adaptability.
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structure the organization for effective goal attainment
Strategic decision-making refers to the process of making choices that affect the long-term direction and success of an organization. It involves analyzing complex situations, considering various alternatives, and evaluating the potential impact of decisions on the organization's goals and objectives. This process often includes input from various stakeholders and requires a deep understanding of market dynamics, competitive landscapes, and internal capabilities. Ultimately, effective strategic decision-making aims to position the organization for sustainable growth and competitive advantage.
Decision making is a life wire to every organization
It depends on the situation - both time and place.For organization, read H.A. Simon, Administrative behaviorFor public policy decision-making such as formation and formulation, lots of models are based on irrational model. Please readAllison, Graham. Essence of Decision: Explaining the Cuban Missile Crisis.Boston: Little, Brown and company, 1971.John W. Kingdon. Agendas, Alternatives, and Public Policies.NY: HarperCollins College Publishers, 1995.
Decision making is the key aspect of management. There are lots of decisions that needs to be made by an organization's management in order to move the organization forward.
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Essence of Decision was created in 1999.
Importance of financial ratio analysis on investment decision making?
cross functional decision making describes decisions for a common goal by integrated units of organization
fellowship, communication and decision making
The degree to which decision making is confined at a single point in an organization is described as centralization. In a centralized structure, decision-making authority is concentrated at the top levels of management, leading to uniformity in decisions but potentially reducing responsiveness to local needs. Conversely, decentralization allows for more distributed decision-making, empowering lower levels of the organization to make decisions. The balance between centralization and decentralization can significantly impact an organization's efficiency and adaptability.
Gerald Fowler has written: 'Decision-making in British education' -- subject(s): Decision making, School management and organization
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A focal organization is an organization or class of organizations used in social science as the unit of analysis. Studies are done to learn about decision making of the focal organization.