|
Get access now to all 12manage knowledge centers and discussion forums, including Decision-making and Valuation. Completely free.
|
|
Donato ochan Hakim Interim Manager, Sudan
|
Definition of a Decision
A decision is a choice whereby a person performs a conclusion about a situation. This represents a course of behavior about what must or what must not be done. It is the point at which plans, policies and objectives are translated into concrete actions. Planning leads to decisions guided by company policy and objectives and implies the selection from alternative objectives, policies, procedures and programmes.
The purpose of decision-making
With decision-making we try to direct human behavior towards a future goal. If there were no alternatives, there would be no need for a decision.
Types of Decision-making
Drucker distinguishes between:
- Tactical decisions and strategic decisions. Strategy can be defined as the behavior of management in trying to achieve success for company goals in an environment of competition. It is based upon the action, or possible action of others. Strategies are solely calculated to implement plans and objectives, bear (...) Read more? Sign up for free
X
All about Decision-making and Valuation and business administration. Completely free.
Log in
|
|
McCallum Accountant, Australia
|
|
Decision Making is also Impacted by Emotions
Decision making is impacted by emotions and the pe (...)
|
|
|
V SHRIDHAR Consultant, India
|
|
Factors Influencing Decision Making
Consciousness plays an important part in decision (...)
|
|
|
DR SAJAL SEN Management Consultant, India
|
|
Decision Making According to Peter Drucker
The decision making is impacted by emotions when w (...)
|
|
|
Malik Iqbal Kabir Bangladesh
|
|
The Significance of Proper Problem Definition
I agree with Drucker that we need to be assured th (...)
|
|
|
Anand H
|
|
Organizational Decision Making Processes
Organizational decision making is a process...
B (...)
|
|
|
vp unnikrishnan Menon HR Consultant, India
|
|
Emotion as a Factor in Decision Making
There is an emotional dimension in decision-making (...)
|
|
|
Rev. Matthias A. Idyu Student (University)
|
|
Decision-making According to Peter Drucker
Decision-making in any organization is paramount a (...)
|
|
|
Anthony Consultant, Malaysia
|
|
Fact-based Decision Making Reduces Risk
Emotion does play a part in the decisions that we (...)
|
|
|
Ivan Kohlinsky Management Consultant, United Kingdom
|
|
Problem Defining Stage in Decision Making
@Malik Iqbal Kabir : as regards to 'defining the p (...)
|
|
|
eugenio bastianon Professor, Italy
|
|
Selecting the proper Amount of Information in Organizational Decision Making
The search of Shannon (The Mathematical Theory of (...)
|
|
|
Bernhard Schleidt Student (MBA)
|
|
The Importance of Timing when Making a Decision
One aspect of decision making has been neglected s (...)
|
|
|
Julius Nyangaga Consultant, Kenya
|
|
Short Term Decisions are More Prone to Errors
- Long term decisions can be taken through a struc (...)
|
|
|
DD Chhaya Coach, India
|
|
Objective Decision Making is a Product of the Subjective Mind
@Dr Sajal Sen: objective is a product of the subje (...)
|
|
|
Deepti Choudhary HR Consultant, India
|
|
Decision Making Must be Rational
Decision makers should base their decisions basis (...)
|
|
|
kvssiyer Consultant, India
|
|
Decision Making According to Peter Drucker
Decision making is a choice of one alternative amo (...)
|
|
|
WALTER Pascal
|
|
Decision Making According to Peter Drucker
Even if there are no alternatives, there is a need (...)
|
|
|
Abel Ogundeji Consultant
|
|
Decision Making According to Peter Drucker is Useful for African Leaders
African leaders should learn from Drucker's decisi (...)
|
|
|
Tambe Larry Student (MBA), Brazil
|
|
Decision Making Across Cultures
Decision-making varies across cultures and locatio (...)
|
|
|
Jagdish Mehta Entrepreneur, India
|
|
Decision Making Process Redefined
It is not always possible to take decisions strict (...)
|
|
|
Lee Lai Seng Entrepreneur, Malaysia
|
|
The Purpose of Decision Making
@Walter Pascal : Decision making process arises wh (...)
|
|
|
TIENON CELESTIN
|
|
Feedback Effects in Decision Making
Some decisions when taken have a feedback loops ( (...)
|
|
|
Per Wickman Analyst, Sweden
|
|
What Influences Decision-making?
I believe the most important influences on decisio (...)
|
|
|
KISHOR KUMAR Manager, India
|
|
Decision Making is also Determined by a Person's Intelligence
It is the intelligence of a person that allows her (...)
|
|
|
Bornface Chinyuku Student (University)
|
|
Decision-making in the Public Sector
In the public sector many decisions are made basin (...)
|
|
|
Christian Buzane Student (MBA), Mexico
|
|
Decision Making Involves us
I agree with most of all the comments presents her (...)
|
|
|
srinivas Lecturer, India
|
|
Decision Making Process Redefined
Is decision making an evolutionary process, where (...)
|
|
|
TIENON CELESTIN
|
|
Looping Decision Making Process...
@Srinivas: you're right I'm wondering if there is (...)
|
|
|
David Guild Consultant, Australia
|
|
Influences on Decision-making : Stress and Tunnel Vision
Stress plays a huge role in decision making too. W (...)
|
|
|
tan liong choon Management Consultant, Singapore
|
|
Definition of a Decision: The Role of Delegation and Empowerment
Decision-making is closely tied to empowerment. Ev (...)
|
|
|
Ann Wallace Business School Marketer, Barbados
|
|
Centralized Decision-making in Organisations
@Rev. Matthias A. Idyu: you have made an excellent (...)
|
|
|
Leena Bissoonauth Student (University), Mauritius
|
|
Using Emotions to Improve Decision-making
@McCallum: Indeed decisions are based upong (stron (...)
|
|
|
PratapachandranK Management Consultant, India
|
|
Decision Making in Organisations
Decisions are the end result of a complex process (...)
|
|
|
K R Sethuraman Professor, Malaysia
|
|
Problem-knowledge Coupling for More Appropriate Decisions
Problemistics is a science of problem-dealing and (...)
|
|
|
Handa CEO, India
|
|
Influences on Decision Making: Biases
It's important you realize that cognitive biases a (...)
|
|
|
Helmer Pardun
|
|
The Role of the Situation in Decision Making
I think, that by relating "decision making" to "a (...)
|
|
|
Karel V CEO, South Africa
|
|
About the Top Decision Maker in an Organization
I believe it's important to have an agile, intuiti (...)
|
|
|
Nick Snowden United Kingdom
|
|
The Problem with Decisions for Wicked Problems
@Malik Iqbal Kabir: I'm sure Drucker was right reg (...)
|
|
|
A. Flippo Business Consultant, Netherlands
|
|
Components for Effective Decision Making according to Peter Drucker
As a past student of Drucker's classes, I remember (...)
|
|
|
Mrs c usha rani Professor, India
|
|
Bottom-up Approach in Decision Making
Decision making is a key function in any organizat (...)
|
|
|
Belay Gezahegn Director, Ethiopia
|
|
Additional Factors That Affect Decision Making
@Per Wickman: Decision making also depends on the (...)
|
|
|
JEREMIAH MUNENE Teacher, Kenya
|
|
Information Sources for Making a Decision
Decision making process is key and inevitable at t (...)
|
|
|
Les Hirst Project Manager, United States
|
|
Emotion and Reason - the Siamese Twins of Decision Making
Western dichotomous thinking asks us to decide whi (...)
|
|
|
jorge anibal hoyos hoyos Manager, Colombia
|
|
Comprehensive Coverage but Long Term, Strategic Effects of Decisions are Missing
I think it`s missing to include the long term effe (...)
|
|
|
Julius Nyangaga Consultant, Kenya
|
|
Research Decisions, but not Forever
@Nick Snowden: yes, this is a typical problem with (...)
|
|
|
Mrs c usha rani Professor, India
|
|
Decision Making versus Policies
Decisions at different levels may be flexible and (...)
|
|
|
Ashok Panda Professor, India
|
|
Decision-making is the Prime Aspect of All Human Activities
A human being is a lovely outcome of a spiritual i (...)
|
|
|
Martin Parry Management Consultant, South Africa
|
|
Views by Peter Drucker on Decision-making still Useful
I still think Peter Drucker's views are valid and (...)
|
|
|
Lesele Management Consultant, South Africa
|
|
Decision Making Must be a Group Process
Bureaucratic mindsets must be removed from our min (...)
|
|
|
Bonginkosi Dlamini Student (University), South Africa
|
|
Decision Making by Peter Drucker
I agree the decision making is a reaction to an ev (...)
|
|
|
Mohd Norfaizin Bin Hj. Md Salleh AFA (UK) Director, Malaysia
|
|
A Foolproof Art of Decision Making...
Decisions are basically the essence of our daily l (...)
|
|
|
mario ianniello Italy
|
|
Rational Decision Making?
Beware of "rationalists" approaches. There is plen (...)
|
|
|
srinivas Lecturer, India
|
|
Decision Making: The Power-issue
I agree that the "power-issue" cannot be ignored. (...)
|
|
|
prince henry morrison
|
|
Additional Factor Influencing Decision Making
@V SHRIDHAR : I agree with your submission. I beli (...)
|
|
|
Ivan Kohlinsky Management Consultant, United Kingdom
|
|
Decision Making Has Several Human Elements
I agree that emotions, culture and, rightly or wro (...)
|
|
|
kvssiyer Consultant, India
|
|
Decision Making Requires Data of Good Quality
Decisions are made at every moment and every situa (...)
|
|
|
Bornface Chinyuku Student (University)
|
|
Decision Making Involvement and Participation
@A. Flippo: I agree that situational analysis is k (...)
|
|
|
Alkhaly Mohamed Tahey Conde Lecturer, Guinea
|
|
Problem Definition Before Decision-making
@Malik Iqbal Kabir: You are right to state this c (...)
|
|