Decision Making: Vital Aspects of Decision Making at Organizational Level

(It will be a good idea to read the previous posts on the subject for better understanding).
Organizational Level Decision Making: Vital Aspects

Is the action really required for which you need to take decision?
Therefore, is the decision really required to be made in the organization? Taking decision where decision is not needed is wasteful or non-value adding activity.
Many people at many levels in the organization can take decision. The main consideration is who should that person and what should be the level? Top management need not burden itself with the entire decision making.
Does the organization culture support the decision making at different levels and will the organization commit to the decision once made?
Will the organization, then, also be fully committed to allocate the necessary resources required to implement the decision?
If a decision is needed and organizational commitment is available, ask; what is real problem, the real issue? Sort out symptoms from the real causes related to an issue. Get down to the root causes and find out the main root causes, the ‘A’ class ones.
Decisions impact results. So, ask a question: what are the expected outcomes of the decision? The answer indicates the specifications of the desired solutions. The solution can then be worked out within these guidelines; you now have a frame of reference.
Develop many alternative solutions. Exhaust the entire range of possible alternative solutions including a contingency plan. More the merrier. Be open to the full range of solutions. Then, you can evaluate various alternative solutions and you are likely to hit the best one this way.
There will always be more correct decisions to any problem and there will also be less correct decisions to the same problems. Utmost care is required while evaluating the alternatives so that you choose the more correct ones. Even less than perfect implementation of more correct decision will bring in far better results that the perfect implementation of not so correct or less correct or wrong decisions.
Have you worked on getting support for your decision particularly from those who will be involved in its implementation and who are likely to be impacted by it? It you have not done it already, do get the “buy in” soon for your decisions and solutions to be successful in terms of bringing in the desired results.
Do you have appropriately competent and skilled people around in the organization to implement the solutions the right way?
As you start implementing your decision, alongside put in place the systems for seeking feedback, reviewing the effectiveness of implementation of solutions and incorporating the mid-course corrective actions.

(Refer our High Quality Management Encyclopedia “Management Universe” at: http://management-universe.blogspot.com/)

For everything you wanted to know on building leadership and management, refer Shyam Bhatawdekar’s website: http://shyam.bhatawdekar.com/

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Decision Making

Thursday, August 26, 2010

Vital Aspects of Decision Making at Organizational Level

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