Skip to main content

IMPACT OF BEHAVIOR ON DECISION MAKING

A manager being a human being, behaves in a peculiar way in a given situation. The response of one manger may not be same as that of two mangers as they differ in behavior platforms.

The mangers differ in their approach towards decision making in the organisation and therefore classified into two categories:

  • Achievement oriented managers:Such type of mangers always looks for excellence.They always opt for the best and enterprising in every aspect of decision making. He will endeavor to develop all possible alternatives. He would be scientific and therefore more rational.
  • Task oriented managers:Such type of managers looks for completion of the task somehow. They are not interested in identifying various new alternatives.

Managers personal values will definitely influence ultimately.Some managers show nature of risk avoidance. They have a conservative approach to decision making,i.e. low risk and no risk. even though decision tools are available . Choice of tools depends on the motives of the manager.Behavior is also influenced by position he holds in the organization. Fear and anxiety that personal image may be tarnished and career prospects in the organization may be spoiled due to defeat or failure.Manager behavior is mix of personal values, atmosphere in the organization, motives and motivation and resistance to change.

Labels:

Comments

Post a Comment

Popular posts from this blog

Advantages and Disadvantages of EIS Advantages of EIS Easy for upper-level executives to use, extensive computer experience is not required in operations Provides timely delivery of company summary information Information that is provided is better understood Filters data for management Improves to tracking information Offers efficiency to decision makers Disadvantages of EIS System dependent Limited functionality, by design Information overload for some managers Benefits hard to quantify High implementation costs System may become slow, large, and hard to manage Need good internal processes for data management May lead to less reliable and less secure data
1 comment
Read more

Inter-Organizational Value Chain

The value chain of   a company is part of over all value chain. The over all competitive advantage of an organization is not just dependent on the quality and efficiency of the company and quality of products but also upon the that of its suppliers and wholesalers and retailers it may use. The analysis of overall supply chain is called the value system. Different parts of the value chain 1.  Supplier     2.  Firm       3.   Channel 4 .   Buyer
Post a Comment
Read more

CONCEPTUAL VIEW OF MIS

The concept is a blend of principles, theories and practices of management, information and system giving rise to a single product called MANAGEMENT INFORMATION SYSTEM . The concept of management gives high regard to the individual and his ability to use the information. MIS gives information through data analysis. While analyzing the information, it relies on many academic disciplines like management science, OR, organization behavior, psychology, etc. The foundation of MIS is the principles of management and its practices. MIS uses the concept of management control in its design and relies heavily on the fact that the decision maker is a human being and is a human processor of information. A MIS can be evolved for a specific objective it is evolved after systematic planning and design. It calls for an analysis of business, management views and policies, organization culture and the management style. The MIS,therefore relies heavily on systems theory.The systems theory offers soluti
Post a Comment
Read more