The Decision Making Process How Communication Is Important
Good decision making is an essential skill for career success generally, and effective leadership particularly. If you can learn to make timely and well-considered decisions, then you can often lead your team to spectacular and well deserved success. However, if you make poor decisions your organization can tumble. Regardless of the size of business you are in whether a large corporation, a small company, or even a home based business effective communication skills are essential for success especially when a decision has to be made. Decision making in management is an important skill and making the right decisions is essential. Every manager should be looking to improve their decision making skills and communication skills. The process of business decision making is of the utmost importance for effective management. Decision making process in management must be informed by expert knowledge and experience in all departments. “The decision-making role in organizations is crucial. If things are going smoothly, there is not much for management to do, but if things go wrong or new opportunities arise, somebody has to decide on hiring and firing workers, investing in new machines or scrapping old ones, marketing new products and dropping old ones, and how to raise the necessary finance.” (Fong, Kwok, 2005) The role of management is to take these decisions, communicate with all the departments in the organization that are involved, and make the right decision. The people who do the managing, this may involve a members of the organizations at different ranks, with subordinates, branch, or assistant managers exercising limited caution, and the managing director as the overall boss of an organization, laying down general outline of policy, all of the people can help to carry out the decisions. They all need to communicate and bring out their point of views before making a decision.
“The six step decision making process is a balanced decision making process. It is based upon
“The six step decision making process is a balanced decision making process. It is based upon
References: Bester, Helmut, Economic Theory; Nov2003, Vol. 41 Issue 2, p269-296, 28p. Retrieved December 5, 2009. Fong, Patrick S. W. Kwok, Cecilia W. C., Journal of Construction Engineering & Management; Dec2005, Vol. 135 Issue 12, p1348-1356, 9p, 7 charts, 1 diagram, 1 graph. Retrieved December 5, 2009. Dijkstra, Majorie, Berens, Guido, Journal of Management Studies; Nov2002, Vol. 46 Issue 7, p1197-1226, 30p. Retrieved December 5, 2009. Amanda Dollak, October 06, 2008, Business Decision Making with Six-Step Process, AC: Associated Content. Retrieved December 5, 2009. P. Keith Kelly, (1994) Decision Making, Decision Making Techniques (pg. 5-15). Publisher: Richard Chang Associates, Inc.