Decision Making Process

DECISION-MAKING PROCESS


HOW TO MAKE A DECISION

Management is decision-making. It’s been estimated that about 75 percent of the average
manager’s time is spent on the decision-making process: preparing to make a decision, reaching that decision or putting it into effect. But this is not to say that a manager should insist on making every decision required within the department. In fact extreme concentration of decision making authority is frequently a sign of ineffective management.

Another important factor is proper preparation for decisions. One of the most dangerous mistakes a manager can make is reaching a decision before completely sure of all the facts. A wrong decision hastily reached can nullify months of hard work. So postpone your decisions until you’ve been able to collect and evaluate all pertinent information. Be careful not to let caution lapse into procrastination. Once you have all the facts that you need, make your decision as speedily as po...