How effective organizational management is impacted by the managerial competency of decision making?
Answer - Any organisation with the managerial competent force will acheive the efficiency in its operations and decision making. This could be understood with the help of following points -
1 - A sound managerial competency will be able to design the policies keeping in view the external business environment . Thus the business will be protected by uncertain losses.
2 - The decision making will help the organisation to revise its sub ordinate goals time to time which helps to remain updated with the conditions
3 - It will also help the upper level management to delegate the work to these managers as they will be able to perfom the decision making with expertise. This will in turn lose up the burden
4 - The managerial competitive force also helps to focus on the key result areas through their studies on various aspects in the organisation.
Thus with these skills , the managerial compeititve force will help in achieving a good level of efficiency in the business.
How effective organizational management is impacted by the managerial competency of decision making?
Why is relevant range important to decision making? How can it be impacted?
how can planning, decision making, and training aid in developing organizational culture in health organizations? what are potential consequences if a health organization does not have proper planning, does not utilize effective decision making models, and does not provide necessary training?
How can planning, decision making, and training aid in developing organizational culture in health organizations? What are potential consequences if a health organization does not have proper planning, does not utilize effective decision making models, and does not provide necessary training?
True or False 1. A decentralized decision-making structure is always more effective than a centralized decision-making structure. 2. One of the sources from which organizational culture comes is the history of the enterprise. 3. A firm’s staffing policy is concerned specifically with the selection of upper level management employees who have the skills required to perform a particular job. 4. Free trade is the absence of barriers to the free flow of goods and services within a domestic market. 5....
1. Discuss the value of organizational research to decision making for the accountants in a business. How does research affect management control? 2. In this discussion question, you will describe the importance of non-financial measures for an organization. How does an organization decide on what and how many non-financial performance measures are relevant to their success? Discuss how non-financial measures compare and contrast to financial statements to assist management and shareholders in decision making. Following the directions of your facilitator,...
The business value of improved decision making in an organizational setting is the focus of chapter 12 Enhancing Decision Making. Successful organizations are those that have mastered the decision making process. In order to facilitate this process, there are technologies that specialize in modeling, data mining, and analysis, all in support of better human decision making. Keep in mind that these technologies are not a substitute for human decision making but rather are designed to aid in the process. By...
Flat and tall organizational structures are described according to: Differentiation of objectives Decision-making Coordination All of the above The coordination of resources to achieve organizational outcomes and involvement of critical thinking, problem-solving, and decision-making relates to its: Structure Management Effectiveness All of the above
Provide an example in which managerial decision making has positively or negatively affected you? How did the personal decision-making styles used by managers apply to the situation? What is your take away from the example you provided after your reading about managerial decision making in this topic? Please I need an indept and authentic answer. Thanks
how to use organizational coordination and cultural competency in healthcare
How is managerial decision making affected by financial accounting reporting? Give your opinion