Factors Affecting Decision Making
There are some
factors which affect decision making negatively. They are also called as
problems in decision making.
1.
The decision taken by management
should be sound one. The soundness of the decision refers to its quality and
reliability. If the decisions taken are not sound then it will mean waste of
efforts and funds. The soundness of decision depends upon the sophistication of
the decision maker, the information available to him and the techniques that he
can make use of.
2.
Another problem is timing of
decision. If not properly timed, there is no use in taking a useful decision.
3.
The physical and psychological
environments have their influence on decision making. If the environment is
satisfactory then there will be co-operation, proper understanding among the
members of the organisation. It will provide better scope for research and
analysis.
4.
Effective communication of the
decision is another important administrative problem of the management.
Decisions taken should be clear, simple and unambiguous. Decisions made should
be communicated to the concerned persons in the language understandable by the
receiver.
5.
All members of an organisation
should be encouraged to give their opinion on various aspects while arriving at
important decisions. In most cases the top executive will not get opinion from
the low rank executive because they think it is below their dignity. But this
is not a good practice.
6.
Some decisions taken by the top
management is not accepted by the subordinates, hence democratic style of
leadership is required to deal with such kind of employees and making them
participative in the decision making process.
7.
Just making correct decision will
not solve the problem. Implementation of the decision and periodical review
alone can produce the expected results.
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