What is a managerial decision?

What is a managerial decision?
What is a managerial decision?

Video: What is a managerial decision?

Video: What is a managerial decision?
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All decisions made must be justified and balanced, but even in this case, there is a chance of encountering an unpredictable result, which depends on the professionalism of the manager.

Management decision
Management decision

Management decision can be defined as the result of analysis, optimization, forecasting and economically justified choice of alternatives from numerous options to achieve the goal of the management system. This is also a creative and volitional influence directed by the subject of management to eliminate the problem and bring the actual parameters of the object closer to the predicted, desired ones.

A decision can be called managerial if it is developed for a social system, that is, its vector is directed towards strategic planning, management of production and management activities, managementhuman resources, etc.

Management decisions in management are concretized into specific action programs, which include activities, implementation methods, circle of performers, validity period, required indicators and criteria for their evaluation. In such programs, in addition to everything, the place of each participant in the process of performing tasks is also determined, while all actions of structural units must be coordinated and coordinated. Any managerial decision affects social, economic, legal and

Management decisions in management
Management decisions in management

the organizational interests of the enterprise, therefore its development requires a manager to take a broad view of the structure of the decision and all possible consequences.

The essence of a management decision from the economic side is that each step requires material and financial resources. Comparing costs with possible benefits, determine the appropriateness of this decision.

The social side should take into account the needs, motives, interests of performers, incentives and their values, comfortable conditions for work and personal development. Legal essence implies the implementation of legal activities and strict compliance with the law.

Essence of management decision
Essence of management decision

Organizational essence presupposes the existence of an appropriate, organizational decision (opportunity). If there is no personnel, equipment, control system, then such a management decision is not worth making. To make a quality management decision, scientific principles andapproaches, modeling methods, automated control, intuition, rationality and experience. The intuitive method directly depends on sensations and experience, and if you focus only on it, you can become a hostage to chance, faced with new unforeseen circumstances. Therefore, for strategic management, it is recommended to use scientific methods of analysis and optimization, considering and considering several alternatives.

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