Decision Making

DECISION MAKING:
Decision Making is the process of choosing the best alternative for reaching objectives.
Managers can be trained to make better decisions. They also need a supportive environment where they won’t be unfairly criticized for making wrong decisions (as we all do sometimes) and will receive proper support from their colleague and superiors. A climate of criticism and fear stifles risk-taking and creativity; managers will respond by ‘playing it safe’ to minimize the risk of criticism which diminishes the business’ effectiveness in responding to market changes. It may also mean managers spend too much time trying to pass the blame around rather than getting on with running the business