Methods of decision making in management

The – the greatest of the arts. And although many people think that they know better than everyone and could change the lives of others, and the work of the company to do more effective, in fact, the ability to manage – this is a rare gift. And like any rare talent, effective management of difficult analysis. Every top Manager has their own management secrets,  which he is not particularly keen to share with others. Despite this, over the centuries of human history and decades of management as a science has formed the classical methods of decision making in management, That have to rely on each Manager.

The Most simple method of the decision – making decisions by analogy. That is, the Manager analyzes the events that occurred in the past, finds a similar situation that was successfully resolved, and takes a similar decision. This method, incidentally, is actively used and still use today English judges in sentencing. The drawback of this method is that it is not possible to achieve a truly effective result, as it does not take into account the peculiarities of the current environment. Therefore, the most important strategic decisions in management Are never made using this method.

Relatively similar is the method of expert evaluations. Only in this case the decision is not based on historical facts but on personal experience of the person responsible for the decision. The decision in this case may be a risky and risk-free. The first option assumes that the expert is a kind of player who is trying to determine the best option, taking into account possible losses and possible profits. Without risks, as we know, very few managed to succeed. In the daily Affairs of the company, however, risk is not necessary, so experts are trying to make the most efficient and secure solution.

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More complex methods of decision-making in management Suggest the modelling. Simulation needs to resolve a key priority for the company issues. The expert group studied various options to resolve the situation, and based on the obtained results, it is a definite conclusion. Method of choosing the optimal solution is dictated by the situation. In certain cases, it is accepted on the basis of economic benefits, in others - on the basis of indicators of qualitative growth, etc.

If the classical methods of decision making in management Do not bring their fruit, many modern managers refer to brainstorming, i.e. the resolution of complex problems through collective efforts. In this case, the decision is made after analyzing all the ideas that were put forward by group members for a limited period of time. The best idea is taken further.

Are Considered suitable for managerial decision-making, however, when talking about relationships within the team, generally used methods of conflict resolution in management, Based on psychology. A true leader must be not only smart and talented person, but also a good psychologist. Depending on the situation, he must choose between dodging, smoothing, coercion and compromise.

The above methods of decision making in management, almost completely cover the entire theoretical part of the topic, but in real life, of course, they are pure and can never meet. Decision making – it is a dynamic process, though based on theory, but to a greater extent depending on the particular situation and a particular group.