MANAGEMENT DECISION MAKING
QIS COLLEGE OF Engineering & Technology
Venga mukala palem,ongole-523002,
Types of decision making
Steps of Decision Making Process
Decision making tree
Principles of decision making
Characteristics of decision making
Factors involved in decision making
WHAT IS DECISION MAKING
It is the process of recognizing a problem, generating
an weighing alternatives, coming to a decision, taking
action , and assessing the results
TYPES OF PROBLEMS
Non Crisis Problems
TYPES OF DECISIONS & CONDITIONS OF
Types of Decisions
Conditions of Decision Making
IMPORTANCE OF DECISION MAKING
Implementation of managerial function
Pervasiveness of decision making
Evaluation of managerial performance
Helpful in planning and policies
Selecting the best alternatives
successful:;operating of business
It is quite common that some decisions are taken by a manager
individually while some decisions are taken collectively by a group of
managers. Individual decisions are taken where the problem is of routine
nature, whereas important and strategic decisions which have a bearing
on many aspects of the organization are generally taken by a group..
Group decision making is preferred these days because it
contributes for better coordination among the people concerned with
the implementation of the decision.
Decisions may also be further classified under major and minor
decisions and simple and complex decisions. However, a detailed
description of these types is not necessary because they are almost
all similar to the already discussed programmed and nonprogrammed decisions in respect of importance and impact.
GROUPS AND DECISION MAKING
Decision making is often an individual activity but there are many times when groups become involved in the
Employee Participation in Decision Making
Manager have a great deal of latitude when deciding to handle decision making alone or to involve others in
Group Decision – Making Formats
Impact of group Decision Making
Group decision making has both benefits and limitation as compared with individual decision making.
Benefits of Groups Decision
When attacking a problem, group members are able to contribute more knowledge and information than
ADVANTAGES AND DISADVANTAGES OF GROUP DECISION MAKING
Groups can accumulate more knowledge and facts.
Groups tend to work more slowly and take more time
to reach any decision.
Groups may have a broader perspective and consider
more approaches and alternatives.
To much dependence on group decision making may
limit a manager’s ability to act quickly and decisively
Individuals who participate in group decision making
are more likely to be satisfied with the decision and to
support its implementation.
Groups may be dominated by one individual or a small
The group decision making process serves as an
important communication devices.
Group effort frequently result in compromises that may
not be optimal for organizational effectiveness or
PRINCIPLES OF DECISION MAKING
Time limited and
Decision making is a continuous process
It involves a choice and therefore presupposes the existence of
Decision making is always purposive in that decisions should aim at
achieving some purposes
It is an intellectual process supported by sound-reasoning and
Decision-making is all pervasive in the sense that all levels
of managers take decisions, though at the impact and scope of
TOOLS FOR EFFECTIVE GROUP DECISION MAKING
An informal interactive group technique in which members generate many alternatives with out
passing judgment on their value.
A technique in which one or more group members deliberately challenge the group’s view to the
problem, the alternatives, and their evaluation.
A technique in which individuals or groups present and defend opposing solution to a particular
problem to drive an improved solution.
FACTORS INVOLVED IN DECISION MAKING
Attitude towards risk
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