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MANAGERIAL JUDGEMENT
By Sanna Shaikh
Rukhsar Surve
Managerial Judgement
 Broad in scope
 process of managerial decision-making
 manager's ability to use judgement to solve
problems.
 using a structured decision-making process helps
managers maintain a balanced, fair and efficient
sense of judgement.
Technique
 It Is A Common Technique Of Demand Forecasting.
 There Are 3 Approaches Of Managerial Judgements.
Bottom-up Approach
Involvement of 2 important HR structure of
organisation:
 Line managers
 Top management
Top-down Approach
 Involvement of top management
 information is supplied to various departmental
heads for their review and approval.
Participative Approach
 A combination of both the bottom up and top down
approach
 Under this approach, top management and
departmental heads meet and decide about the
future human resource requirement.
 unanimous
Results Of Managerial Judgement
 Simulated interaction is useful to predict the
decisions in conflict situations, such as in
negotiations.
 In addition to seeking good feedback, forecasters
explicitly list all the things that might be wrong
about their forecast. This will produce better
calibrated prediction.
 conclude on final numbers of manpower required.
MANAGERIAL JUDGEMENT ppt

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MANAGERIAL JUDGEMENT ppt

  • 1. MANAGERIAL JUDGEMENT By Sanna Shaikh Rukhsar Surve
  • 2. Managerial Judgement  Broad in scope  process of managerial decision-making  manager's ability to use judgement to solve problems.  using a structured decision-making process helps managers maintain a balanced, fair and efficient sense of judgement.
  • 3. Technique  It Is A Common Technique Of Demand Forecasting.  There Are 3 Approaches Of Managerial Judgements.
  • 4. Bottom-up Approach Involvement of 2 important HR structure of organisation:  Line managers  Top management
  • 5. Top-down Approach  Involvement of top management  information is supplied to various departmental heads for their review and approval.
  • 6. Participative Approach  A combination of both the bottom up and top down approach  Under this approach, top management and departmental heads meet and decide about the future human resource requirement.  unanimous
  • 7. Results Of Managerial Judgement  Simulated interaction is useful to predict the decisions in conflict situations, such as in negotiations.  In addition to seeking good feedback, forecasters explicitly list all the things that might be wrong about their forecast. This will produce better calibrated prediction.  conclude on final numbers of manpower required.