What Makes a Manager Into a Good Decision-maker? 10 Traits for Decision Making

Decision-making and Valuation


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Decision-making and Valuation > Best Practices > What Makes a Manager Into a Good Decision-maker? 10 Traits for Decision Making

What Makes a Manager Into a Good Decision-maker? 10 Traits for Decision Making
V SHRIDHAR, Consultant, India, Member
Decision making is vital in our life, be it workplace or home. My long experience in industry and thirty years of marriage say decision making needs the following traits in a 'manager':
1. Knowledge (of the background, organizational goals)
2. Sincerity: to want to make a sound decision
3. Time consciousness
4. Cost effective
5. Steadfastness: duty bound
6. Good listener
7. Positive attitude
8. Participative: offer opportunity to team members to make suggestions
9. Team spirit
10. Confident.

What Makes a Manager Into a Good Decision-maker?
Nicholas Ezati, Manager, Uganda, Member
To me as a manager to make a good decision, one should be well informed of the subject at hand and be a good listener. You should be able to consult even from your subordinates.
Additionally, consider:
11. Learner: the ability to learn from anybody in the organisation as well as from past experiences in the same area.

Generic Decision Making Traits in a Manager
Rosalie Villacampa, Student (MBA), Philippines, Member
In my own point of view, good decision making (also) requires:
12. Readiness
13. Pro-activeness
14. Dedication
15. Maturity
16. Willingness to take risk.

Traits of Good Decision Makers
Anwer M. Baig, Manager, Pakistan, Member
17. Ability to implement decision, converting decisions into action for desired results. A team player with a positive mental attitude.

Decision-making by Managers
Kyawthike tun, Student (MBA), Myanmar, Member
A decision making process typically involves five steps:
1. Define the problem
2. Identify the alternatives
3. Determine the criteria
4. Evaluate the alternatives
5. Choose an alternative

Decision-making is an important skill for business and life. Decision-making is especially important for managers and leaders. There are many processes, techniques and methods to improve decision-making and the quality of decisions.

Decision-making is more natural to certain personalities:
- Managers that are natural decision-makers should focus more on improving the quality of their decisions.
- Managers that are less natural decision-makers are often able to make quality assessments, but then need to be more decisive in acting upon the assessments made.

Good decision-making requires a mixture of skills: creative development and identification of options, clarity of judgment, firmness of decision, and effective implementation.

Today’s managers confront difficult decisions daily and must consider an increasingly wide range of criteria in making those decisions. In the past, such decisions were often judged only on the basis of a single attribute, such as profit or cost. However, cost or profit alone often does not fully capture the desirability of a decision alternative.

What Makes a Manager Into a Good Decision-maker?
Piero Mella, Teacher, Italy, Premium Member
Deciding means changing the future state of a system. It is essential that decision makers at least possess the fundamental concepts of systems thinking.
In particular, decision makers must abandon linear thinking ("cause and effect") and adopt circular thinking, always having in mind that each decision, when they do not consider the structure of the system in which the decision is taken, can produce effects that can turn into causes that lead to the cancellation of the objectives they wanted to achieve.
It can be instructive to follow the teachings of Peter Senge in his masterful work "The Fifth Discipline" (1990).

Importancia das Ferramentas de Apoio Ao Processo de Tomada de Decisão
PAULO CESAR SCHOTTEN, Professor, Brazil, Member
All the above is important. We also defend the feelings of the decision maker and I argue that the indicated steps are critical. Noteworthy is also the world literature today brings several tools to help and guide the role of decision-making, especially in the business. It is worth researching them and checking out.

Feelings of the Decision Maker
Jaap de Jonge, Editor, Netherlands
@PAULO CESAR SCHOTTEN: What do you mean with: "We also defend the feelings of the decision maker"? And what do you mean with: "The world literature today brings several tools to help and guide the role of decision-making?" Thanks for clarifying these 2 things. Please react and I will integrate your explanation into your original posting to make it easier to understand.

Decision-making and Valuation

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