All about Decision-making and Valuation
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Decision-making According to Peter Drucker Donato ochan Hakim, Interim Manager, Sudan, Member
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
Dru...
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Decision Making According to Peter Drucker
DR SAJAL SEN, Management Consultant, India, Member The decision making is impacted by emotions when we do not take the decision support tools into account. I feel a decision supported with objective to...  |
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The Significance of Proper Problem Definition
Malik Iqbal Kabir, Bangladesh, Member I agree with Drucker that we need to be assured that before any decision making we should know what's the real problem is.
If the problem is defi...  |
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Organizational Decision Making Processes
Anand H, Member Organizational decision making is a process...
But it's a challenge when there are multiple outcomes and dynamic variables which are not in cont...  |
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Emotion as a Factor in Decision Making
vp unnikrishnan Menon, HR Consultant, India, Member There is an emotional dimension in decision-making, no doubt. The decision maker can intelligently utilize his emotions at the time of decision making...  |
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Decision-making According to Peter Drucker
Rev. Matthias A. Idyu, Student (University), Member Decision-making in any organization is paramount and necessary.
Decision-making is very critical at all levels of organization, parastatal agenc...  |
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Short Term Decisions are More Prone to Errors
Julius Nyangaga, Consultant, Kenya, Member - Long term decisions can be taken through a structural process, where it is easy to demonstrate the options there were available and why a particular...  |
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Decision Making Must be Rational
Deepti Choudhary, HR Consultant, India, Member Decision makers should base their decisions basis relevant facts and logical evaluation of alternatives. We need ratio... |
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Decision Making According to Peter Drucker
kvssiyer, Consultant, India, Member Decision making is a choice of one alternative amongst a set of choices available.
The pros and cons of or consequences of a choice made ...  |
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Decision Making Process Redefined
Jagdish Mehta, Entrepreneur, India, Member It is not always possible to take decisions strictly as a management process.
There are times when we bypass all the learnings and take decisions...  |
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What Influences Decision-making?
Per Wickman, Analyst, Sweden, Member I believe the most important influences on decision-making are:
Culture and how we think
Knowledge
Methods
Principals  |
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Decision-making in the Public Sector
Bornface Chinyuku, Student (University), Member In the public sector many decisions are made basing on their " political correctness". If the decision choice is not in sync with those in the u...  |
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Decision Making Involves us
Christian Buzane, Student (MBA), Mexico, Member I agree with most of all the comments presents here... However I believe there is always an opportunity to choose, wether we're dealing with a big, sm...  |
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Decision Making in Organisations
PratapachandranK, Management Consultant, India, Member Decisions are the end result of a complex process of problem solving based on information availability, urgency, expertise and experience of the decis...  |
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The Role of the Situation in Decision Making
Helmer Pardun, Journalist, Germany, Member I think, that by relating "decision making" to "a conclusion about a situation" one shifts the problems to the "definition of the situation", its begi...  |
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About the Top Decision Maker in an Organization
Karel V , CEO, South Africa, Member I believe it's important to have an agile, intuitive, experienced and intelligent thinker in a final decision-making position. This person won't have ...  |
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Bottom-up Approach in Decision Making
Mrs c usha rani, Professor, India, Member Decision making is a key function in any organization. At every level, decision making authority is vested to certain managerial personnel.
Taki...  |
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Information Sources for Making a Decision
JEREMIAH MUNENE, Teacher, Kenya, Member Decision making process is key and inevitable at the workplace. But to make an informed decision you must have relevant knowledge. So where do you get...  |
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Decision Making versus Policies
Mrs c usha rani, Professor, India, Member Decisions at different levels may be flexible and fixed on certain issues. As Drucker said, to make decision effective, by taking action to put the de...  |
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Decision Making Must be a Group Process
Lesele, Management Consultant, South Africa, Member Bureaucratic mindsets must be removed from our minds. In an establishment, decision making must be conducted by a group of professionals and not only ...  |
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Decision Making by Peter Drucker
Bonginkosi Dlamini, Student (University), South Africa, Member I agree the decision making is a reaction to an event and can be more effective if it is more collaborative and participative. Though at times we have...  |
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A Foolproof Art of Decision Making...
Mohd Norfaizin Bin Hj. Md Salleh AFA (UK), Director, Malaysia, Member Decisions are basically the essence of our daily life:
- Those who strongly believe in fate will say that things are already destined to be. ...  |
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Rational Decision Making?
mario ianniello, Italy, Member Beware of "rationalists" approaches. There is plenty of literature on how muddy and non-linear decision making processes are (See Lindblom 1959 or Coh...  |
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Decision Making: The Power-issue
srinivas, Lecturer, India, Member I agree that the "power-issue" cannot be ignored. The person weilding power and making decisions needs to have attained a state of equanimity (Editor:...  |
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Decision Making Has Several Human Elements
Ivan Kohlinsky, Management Consultant, United Kingdom, Member I agree that emotions, culture and, rightly or wrongly, sometimes acceptability overlay any rational scientific process. Often  |
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Decision Making Requires Data of Good Quality
kvssiyer, Consultant, India, Member Decisions are made at every moment and every situation demands a decision of one sort or the other. Sometimes decisions are forced on us if not taken ...  |
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Decision-making and Valuation
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