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GROUP NAMES
Urvashi. Solanki Ankit. Rathod Devendra. Nimbarkar Nikhil. Malvankar Varsha. Wanare Shruti. Nair
INTRODUCTION OF MANAGEMENT
Management in simple terms means the act of getting people together to accomplish desired goal. Management comprises planning, organizing, resourcing, leading, directing & controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal resourcing encompasses the development
DECISION-MAKING
WHAT IS DECISION-MAKING
To understand the important of decision making you
must know that decision making is called it choice among option. In Feching Decision making to Adolescents (1991), it is defined as the process of making choices among competing course of action..
In other words
Good decision making is an essential skill for carrier
success generally, and effective leadership particularly. If you can learn to make timely and well considered decision, then you can often lead your team to spectacular and well- deserved success. However, if you make poor decision your team risks failure and your time as a leader will, most like, be brutally short.
DEFINATION
The Oxford Dictionary define the term decision-
According to Haynes and Massie A decision is a course of action which is consciously chosen for achieving a desired result.
Techniques of Decision-Making
All of us to make decisions every day. Some decision are relatively straight forward & simple. Simple decision making usually need a simple decision making process. But difficult decision typically involve issues like this.
Uncertainity. Complexity. High-risk consequence. Alternative. Interpersonal.
Quality Circles.
Heuristic Techniques.
Importance/Advantages of Decision-Making
Basis of Managerial Function Core of Planning
It is the thread of the entire managerial process The specific job of the managers. Planning is essentially a choosing activity. Managers sets the objectives to achieve goal; Organization is a complex network of decisional process. Decision maker is the architect of organization. It is through his decision that a manager gives direction to efforts and activities of his sub-ordinate
Provides Direction
Its control from organization success. Managers have to take a corrective action in case of deviations.
Go decision making for any organization. It is the risk-taking and a challenge to judgment.
To face challenges.
Process of DecisionMaking
Converting Decision into Action Developing Alternative Solutions
CONCEPTS OF DECISION-MAKING
Information.
Alternatives. Criteria.
Goals.
Value. Preferences. Decision Quality. Acceptance.
Research
Career Making a career Decision Reach a Decision Point Generate alternatives Positive & Negative Emotions
INPUT
Problem Solving
Decision
OUTPUT
Making
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