1. | PowerPoint PPT presentation | free to view. A decision may direct others to do or not to do. Organizational decision making: the process of responding to a problem by searching for and selecting a solution or course of action that will create value for organizational stakeholders Types: Programmed Decision Non-Programmed Decision 3. Looks like you’ve clipped this slide to already. Decision-making strategies are not necessarily good or bad in themselves. Boasting an impressive range of designs, they will support your presentations with inspiring background photos or videos that support your themes, set the right mood, enhance your credibility and inspire your audiences. The PowerPoint PPT presentation: "Decision Making" is the property of its rightful owner. Assets that can be quantified and observed. Information management in organizations therefore assumes a special significance. Decision-making is a selective process in which only the best possible alternative is chosen. Step 1 Identifying Opportunities and Diagnosing, The first step in the decision making process is, An assessment of opportunities and problems will, Objectives reflect the results the organization, Both the quantity and quality of the desired, Decision criteria should be related to the, A practical way to apply decision criteria is to, Decision quality aspect of decision making, Decision acceptance aspect of decision making, Once an opportunity has been identified or a, The alternatives can be standard and obvious as, The fourth step in the decision-making process, Predetermined decision criteria such as the, Optimizing selecting the best alternative from, Satisficing selecting the first alternative, Decision making is commonly associated with, Although choosing an alternative would seem to be, Step 6 Choosing Implementation Strategies, The bridge between reaching a decision and, Sensitivity to those who will be affected by the, No decision-making process is complete until the, Managers must observe the impact of the decision, There is a single, well-defined goal that all. Leads to a more involved and empowered workforce. Decision makers have incomplete information regarding all possible alternatives. Management decisions can be made by managers. No public clipboards found for this slide. Or use it to find and download high-quality how-to PowerPoint ppt presentations with illustrated or animated slides that will teach you how to do something new, also for free. Where there is accountability for performance, The Benefits of Delegation and Empowerment. However, care needs to be taken to ensure that decisions are not taken on an emotional basis. Read this presentation to get information about marketing planning in a restaurant branch. Coordination and integration are difficult. presentations for free. the manager (or other employee) with authority, Process to transfer authority and responsibility. It is better to postpone the decision until after, Understand how to implement the steps in the, Identify the factors that account for a firms, Link external and internal environment data to. Clipping is a handy way to collect important slides you want to go back to later. Hold the employee responsible for the work. - ReadySetPresent (Decision Making PowerPoint Presentation Content): 100+ PowerPoint presentation content s. Successful and effective strategic decision making is a guarantee to increase productivity in every workplace. In most organizations, business or otherwise, a systematic systems based method is used for information … Tall structure has an overall narrow span of, Flat structure has a wide span, is horizontally, The trend is toward larger spans of management, Decentralization the location of decision. Good structure for growth along geographic lines. These decisions might simple, or they could be fairly complex, but the criteria that go into making the decision are all known or can at least be estimated with a reasonable degree of accuracy. A decision-maker tries to visualize the conditions in future and take decisions accordingly. As of this date, Scribd will manage your SlideShare account and any content you may have on SlideShare, and Scribd's General Terms of Use and Privacy Policy will apply. Rational Thinking: ADVERTISEMENTS: It is invariably based on rational thinking. In case otherwise, decision-making is a wasteful activity; involving only a sheer wastage of the time, energy and efforts of managers, and … The need for decision making arises only when more than one alternative exists for doing the work. For example, deciding how many raw materials to order should be a programmed decision based on anticipated production, existing stock, and anticipated length of time for the delivery of the final product. – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 3afee5-ODJjM We Learn – A … They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's audiences expect. Process: It is the process followed by … On the other hand, Krabuanrat and Phelps (1998) regard this view in a positive light, namely as the use of codified organisational experience. decision-making as a systematic process aimed at maintaining the status quo at the cost of innovation. Decision––maker has the evaluation of decision which involves the using of resources in specified ways. See our User Agreement and Privacy Policy. Setting dates for completion of these activities. Conduct an analysis of the firms strengths, Evaluate the firms internal resources and, Chose an appropriate business strategy at the, Strategic management involves both long-range, A strategy is successful if it provides the firm, Competitors will be unable to duplicate what the, Monitoring Detecting meaning through ongoing, Assessing Determining the timing and importance, The process of developing long-range plans to, The purpose or reason for the corporations. Decision-making involves careful evaluation and analysis of all the possible alter­natives. Successful Strategic Planning with Decision-making Tools & Techniques, - This PPT talks about successfull strategic planning with decision making tools and techniques. Start the decision-making process by creating a framework for your success. PowerShow.com is a leading presentation/slideshow sharing website. And they’re ready for you to use in your PowerPoint presentations the moment you need them. - Decision-Making Function No. If you continue browsing the site, you agree to the use of cookies on this website. Justify outcomes to those above in the chain of, The process of transforming the responsibility, A clear line of authority must run throughout the, Authority is the formal right of an employee to. If so, share your PPT presentation slides online with PowerShow.com. Dividing work into specific jobs and tasks. Decision Making Conditions: Decision making involves the selection of one of the alternatives available. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Bounded Rationality - personal, environmental, Recency - tendency to ascribe more importance to, Satisficing - tendency to accept "adequate", This model suggests that managers have a set of, The garbage can model is likely to be used when, The decision making process lacks structure, The leader becomes more psychologically distant, The groups tolerance of direction from the. Moreover, improving the decision making procedures may take high practice. Go through the s to know about the best way to improve your decision-making process. DECISION-MAKING You only carry out or accept the decision. You can change your ad preferences anytime. Since the human brain with its ability to learn, remember and relate many complex factors, makes the rationality possible. Maximizing Decision-making capabilities for the exercise of legal capacity. Differentiate between authority, responsibility, Recognize when structural characteristics of. Allows for focus on specific new markets. We Learn – A Continuous Learning Forum. See our Privacy Policy and User Agreement for details. Listed on the slide are various ways in which people sometimes make decisions. Characteristics of Decision Making. One important concept that Simon derived … Efficiency of communication and control systems. 2 The limitations of time and money (because of this, ... (From an old fable of an ass placed between two equally nice bales of hay. If they are taking poor decisions then it will ultimately hamper the leader, threaten the legitimacy and resulted to come unwanted outcomes. Learn more. A decision taken at present will have effect in future. The layers of management within an organization. Number of employees reporting to a supervisor, Tradition has recommended a span of management of, The number of subordinates who report to a. Include financial resources, physical assets, and, Strategic assessment of tangible resources should, Often provide the firm with strong competitive, Competitors find it difficult to purchase or, Firms need to periodically assess whether the, A firm must first and foremost cater to the, The firm should also consider the desires of, An effective manager must be proactive in, Learning to think strategically forces managers, Be alert for changes in the external and internal, Modify the firms strategic intent, mission, and, Effectively implement the new or redesigned, The strategic management process generally, A key factor is how well the firm can mobilize, Individual employees are more likely to make, Employees can be attuned to changes in their area, Employee success depends on the ability to adapt, Outline the vertical and horizontal dimensions of, Develop coordination across departments and.