How Important Are Decision Making Capabilities?
Decision-making is inevitable for anyone who has a certain degree of authority. A great leader is able to make decisive decisions at the spur of the moment. This is difficult as there is no set method to take decisions. It is important to gain insight into the issue, weigh the options and consider the current situation. It's not just the responsibility of the leaders. Everyone must make a decision one day or the other in their lives. The occupants of positions of power, however, have more to lose. This has a huge influence on the lives of others. What is decision making? The process of making decisions, as per the principles of management is the act of choosing the most suitable of possibilities. Managers typically have an extensive list of possible options to choose a course of action. By evaluating each of these alternatives and deciding on the one they believe is best for the company and its workforce. Decision making requires the person vested with the responsib