Several factors can prevent a manager from making futuristic decisions, including a lack of access to accurate data and market insights, which hinders informed forecasting. Additionally, organizational culture and resistance to change can create an environment where innovative ideas are stifled. Limited resources, such as time and budget constraints, may also force managers to focus on short-term goals rather than long-term strategic planning. Lastly, fear of failure or risk aversion can lead to hesitancy in pursuing bold, forward-thinking initiatives.
individual. It takes too much time for a group to reach a decision.
-delay in decision making - inter dependent factor Save
Building stakeholder buy-in
Management by objectives is both a motivating factor and a controlling technique. Employees are motivated to continue to perform while the direction they are headed is controlled by their manager.
The most important factor in the successful implementation of any decision is effective communication. Clear communication ensures that all stakeholders understand the objectives, roles, and expectations involved in the decision. Additionally, fostering collaboration and addressing concerns can enhance buy-in and commitment, ultimately leading to smoother execution. Without effective communication, even the best decisions may falter due to misunderstandings or lack of alignment.
long term in nature
When they are long term in nature
One thing that was not a major factor in the decision to use the atomic bomb was civilian casualties.
One thing that was not a major factor in the decision to use the atomic bomb was civilian casualties.
A pull factor is something that draws someone in to come to a decision. Such as culture in NYC was a pull factor to moving there.
availability of Natural Resources
wealth
She is managed by Modest Management.
One factor in Judge Moore's decision was Mr. Martin's clean record.
availability of natural resources
Rate of depriciation
what is the principle of limiting factor in decision making. The principle of the limiting factor states that by recognising and overcoming those factors that stand critically in the way of a goal, the best alternative course of action can be selected.