Decision-making According to Peter Drucker

 
Decision-making and Valuation > Best Practices

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.
Peter Drucker
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...Sign up 		 

 
Decision Making is also Impacted by Emotions
McCallum, Accountant, Australia, Member
Decision making is impacted by emotions and the personality of the decision maker. For ...Sign up
  

 
Factors Influencing Decision Making
V SHRIDHAR, Consultant, India, Member
Consciousness plays an important part in decision making. According to my experience decision making is affected ...Sign up
  

 
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...Sign up
  

 
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...Sign up
  

 
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...Sign up
  

 
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...Sign up
  

 
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...Sign up
  

 
Fact-based Decision Making Reduces Risk
Anthony, Consultant, Malaysia, Member
Emotion does play a part in the decisions that we make. But if facts and data are used (for example using Sign up
  

 
Problem Defining Stage in Decision Making
Ivan Kohlinsky, Management Consultant, United Kingdom, Member
@Malik Iqbal Kabir : as regards to 'defining the problem', systems...Sign up
  

 
Selecting the proper Amount of Information in Organizational Decision Making
eugenio bastianon, Professor, Italy, Member
The search of Shannon (The Mathematical Theory of Communication, 1949) on measuring the amount of information is essential to reduce risk in decision ...Sign up
  

 
The Importance of Timing when Making a Decision
Bernhard Schleidt, Student (MBA), Member
One aspect of decision making has been neglected so far: WHEN is the decision required to be effective? (Editor: compare Sign up
  

 
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...Sign up
  

 
Objective Decision Making is a Product of the Subjective Mind
DD Chhaya, Coach, India, Member
@Dr Sajal Sen: objective is a product of the subjective mind! In order to have objectivity, the subjective mind of ...Sign up
  

 
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...Sign up
  

 
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 ...Sign up
  

 
Decision Making According to Peter Drucker
WALTER Pascal
Even if there are no alternatives, there is a need for a decision: to solve the problem or to let it and make no deci...Sign up
  

 
Decision Making According to Peter Drucker is Useful for African Leaders
Abel Ogundeji, Consultant, Member
African leaders should learn from Drucker's decision making process. You will note that the right alternative may not be popular or politically expedi...Sign up
  

 
Decision Making Across Cultures
Tambe Larry, Student (MBA), Brazil, Member
Decision-making varies across cultures and locations. A more paternalistic society like Africa and the Latin Ameri...Sign up
  

 
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...Sign up
  

 
The Purpose of Decision Making
Lee Lai Seng, Entrepreneur, Malaysia, Member
@Walter Pascal : Decision making process arises when a person has more than one options, whether organisational or ...Sign up
  

 
Feedback Effects in Decision Making
TIENON CELESTIN
Some decisions when taken have a feedback loops (feedback effects) that can cause them to be more or le...Sign up
  

 
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
• PrincipalsSign up
  

 
Decision Making is also Determined by a Person's Intelligence
KISHOR KUMAR, Manager, India, Member
It is the intelligence of a person that allows her/him to make an decision (that fits ) to the situation....Sign up
  

 
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...Sign up
  

 
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...Sign up
  

 
Decision Making Process Redefined
srinivas, Lecturer, India, Member
Is decision making an evolutionary process, where we unlearn some of the things of past, and where we relearn and a...Sign up
  

 
Looping Decision Making Process...
TIENON CELESTIN
@Srinivas: you're right I'm wondering if there is a conceptual framework dealing with this looping decision making ...Sign up
  

 
Influences on Decision-making : Stress and Tunnel Vision
David Guild, Consultant, Australia, Member
Stress plays a huge role in decision making too. When people are stressed, whether it is immediate stress or prolonged stress, both induce t...Sign up
  

 
Definition of a Decision: The Role of Delegation and Empowerment
tan liong choon, Management Consultant, Singapore, Member
Decision-making is closely tied to empowerment. Everybody makes decisions on a daily basis, i.e. ...Sign up
  

 
Centralized Decision-making in Organisations
Ann Wallace, Business School Marketer, Barbados, Member
@Rev. Matthias A. Idyu: you have made an excellent point. The problem with decision-making in far too many organisa...Sign up
  

 
Using Emotions to Improve Decision-making
Leena Bissoonauth, Student (University), Mauritius, Member
@McCallum: Indeed decisions are based upong (strong) emotions. And when emotions are not dealt with in a constructi...Sign up
  

 
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...Sign up
  

 
Problem-knowledge Coupling for More Appropriate Decisions
KRS Raman, Professor, India, Member
Problemistics is a science of problem-dealing and helps in a thorough understanding of the problem to be solved. It has to be then coupled to a...Sign up
  

 
Influences on Decision Making: Biases
Handa, CEO, India, Member
It's important you realize that cognitive biases and similar errors can also affect decisions. For examp...Sign up
  

 
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...Sign up
  

 
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 ...Sign up
  

 
The Problem with Decisions for Wicked Problems
Nick Snowden, United Kingdom, Member
@Malik Iqbal Kabir: I'm sure Drucker was right regarding the need of understanding the problem before deciding on a...Sign up
  

 
Components for Effective Decision Making according to Peter Drucker
A. Flippo, Business Consultant, Netherlands, Member
As a past student of Drucker's classes, I remember the following as components to "the effective decision":
1. What happens if we do nothing? (On...Sign up
  

 
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...Sign up
  

 
Additional Factors That Affect Decision Making
Belay Gezahegn, Director, Ethiopia, Member
@Per Wickman: Decision making also depends on the environment we are working in. Participatory leadership, f...Sign up
  

 
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...Sign up
  

 
Emotion and Reason - the Siamese Twins of Decision Making
Les Hirst, Project Manager, United States, Member
Western dichotomous thinking asks us to decide which is most valuable in good decision-making. Wise men in any culture know that intuition (emotion...Sign up
  

 
Comprehensive Coverage but Long Term, Strategic Effects of Decisions are Missing
jorge anibal hoyos hoyos, Manager, Colombia, Member
I think it`s missing to include the long term effects of the decisions, the strategical map to be considered in beforehand which must involve all of t...Sign up
  

 
Research Decisions, but not Forever
Julius Nyangaga, Consultant, Kenya, Member
@Nick Snowden: yes, this is a typical problem with those with a strong research background. You investigate the pro...Sign up
  

 
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...Sign up
  

 
Decision-making is the Prime Aspect of All Human Activities
Ashok Panda, Professor, India, Member
A human being is a lovely outcome of a spiritual imagination. We take help of knowledge by books and experience. What happens actually, when we take a...Sign up
  

 
Views by Peter Drucker on Decision-making still Useful
Martin Parry, Management Consultant, South Africa, Member
I still think Peter Drucker's views are valid and insightful. Decision-making remains one of the key skills in any organisation, and one which should ...Sign up
  

 
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 ...Sign up
  

 
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...Sign up
  

 
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.
...Sign up
  

 
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...Sign up
  

 
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:...Sign up
  

 
Additional Factor Influencing Decision Making
prince henry morrison, Student (University), Ghana, Member
@V SHRIDHAR : I agree with your submission. I believe that the availability of resources (such as time, capi...Sign up
  

 
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 Sign up
  

 
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 ...Sign up
  

 
Decision Making Involvement and Participation
Bornface Chinyuku, Student (University), Member
@A. Flippo: I agree that situational analysis is key before embarking in the decision making process.
Besides ...Sign up
  

   


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