Question

When manager is making a decision, there is (at least) six steps which are suggested to take before final decision. Explain what these steps are and discuss what kind of tasks each of them includes.

Answer 1

The decision-making process in management typically involves six steps: identifying the problem, generating alternatives, evaluating alternatives, choosing the best alternative, implementing the decision, and monitoring and evaluating the decision. Each step includes specific tasks to ensure a thorough and systematic approach to problem-solving.

Step-by-step explanation:

When a manager is making a decision, there is a structured process often recommended to enhance the quality and outcomes of the decisions made. Below are six steps that are commonly suggested:

1. Identifying the problem: Recognizing what the issue is and confirming that a decision needs to be made.
2. Generating alternatives: Developing a range of possible solutions to the problem identified.
3. Evaluating alternatives: Assessing the pros and cons of each alternative solutions.
4. Choosing the best alternative: Selecting the most effective and feasible solution based on evaluation.
5. Implementing the decision: Putting the chosen solution into action and managing the implementation process.
6. Monitoring and evaluating the decision: Reviewing the outcomes of the decision and making adjustments if necessary.

Each of these steps includes specific tasks such as analyzing data, consulting with stakeholders, considering ethical implications, budgeting time and resources, and analyzing outcomes post-implementation. Breaking down the decision-making process into these steps allows a manager to approach problems systematically and minimize errors that might come from hasty or poorly informed decisions.