The Art and Science of Decision Making
About this Course
Decision making is, necessarily, choosing from alternatives. We are almost constantly making decisions. Some of them might be effective while some could go wrong. In organisations, decision making is considered one of the primary responsibilities of a manager. Many important decisions relating to resource allocation, appointment and deployment of human resources, investments, products etc. require a lot of planning. Managers make strategies to achieve organisational objectives and goals. Wrong decisions can adversely affect a business. Quick and correct decision making helps in saving resources. Some decisions are required to be taken individually while others have to be taken collectively as a group, depending on the situation, circumstances, complexities and resource availability. Decision making plays a vital role in managerial functions; namely; controlling, directing, planning and organising. Have you ever wished you had taken better decisions in life? Have you ever regretted your decision? Do you wish to know the skills of decision making? If the answer to any of these questions is “Yes”, then this course is for you.Created by: State Bank of India
Level: Introductory
Related Online Courses
In today's business environment, organizations have identified critical thinking and problem-solving as skills that are integral to an employee's--and their organization's--success. The most... more
We have witnessed the power of mechanization in the early nineteen century, automation in the seventies, information and the internet in the last decades. But now, the adaptation of connected... more
Program and project managers are master storytellers. They have to be in order to weave high-priority information into a memorable narrative for their people. Customers must commit to and... more
Planning to study for an MBA but unsure of your basic maths skills? All MBA programs, and in business generally require some maths, particularly on quantitative subjects such as Accounting,... more
As public policies become increasingly complex and technical in nature there is a clear need for scientifically informed solutions to major public policy challenges. However, most researchers do... more
Powered by
