Decision Making as a Critical Step to any Organization (Essay Sample)

Decision Making
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Decision making is critical to any organization and greatly influences the success of a firm in attaining its core strategies. On making the right decision, the business can stand on the edge against its core competitors with the organization expanding its market coverage and improve its accuracy to carry out sound practices that align with the organizational goals. This features incorporation of effective corporate governance strategies to coordinate and control an organization's practices as desired by the firm's core stakeholders. By this, critical thinking is essential in establishing decisions wholly pegged on the background research and concepts of management.
Decision making is the process of opting for the best action plan or solution among different alternatives after a thorough evaluation of their effectiveness. Through strategic decision making an organization is able to make sound decisions to manage and control the different aspects of the organizational practices. Decisions making is, therefore, imperative prior to undertaking any management action such as directing, staffing, controlling and planning CITATION Ala11 \l 1033 (Bryman & Bell, 2011). For example, before making any managerial plan, an organization is ought to make clear and almost accurate decisions to ensure making the right action plans that shall enable the organization achieve its core objectives. With strategic plans in place that is long and short term plans that shall require the organization to make both short and long term decisions to ensure achievement of the organizational goals.
Bryman & Bell (2011) describes decision making as a process of choosing the best course of action before undertaking any task. Decision making plays a critical function in the diurnal operations of a firm to ensuring corporate growth. Besides, for the organization to nsure ensure its sustainability in surviving in the present complicated business world, the decision making process is not supposed to be a one time practice as each day presents different challenges that the business need to counter. The decision making process is ought to be a continous process where by the organization evaluatesa firms perfomance and establish sound decisions to continually improve the operations of the organization CITATION Dee11 \l 1033 (Blick, 2011). Organizations, therefore, strives to continually build their operation efficiencies by maintaining high quality decisions all year round.
Through decision making an organization is able to effectively allocate and use the available resources available to an organization CITATION Dee11 \l 1033 (Blick, 2011). With effective decision making an organization is able to effectively use it resources to meet the core organizational objectives. This also entails the effective use of the firms resources as on establishing an ap...