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Explaining Management Decisions (SPORTS MANAGEMENT) - Essay Example

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Summary to essay on topic "Explaining Management Decisions (SPORTS MANAGEMENT)"
When it comes to decisions made in an organization, many of them are meant to benefit the business even if some employees may not be…
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Explaining Management Decisions (SPORTS MANAGEMENT)
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Download file "Explaining Management Decisions (SPORTS MANAGEMENT)" to see previous pages... Using the case of Karsten manufacturing corporation, this paper seeks to explain the management decisions in a business.
While the vice president’s feelings are understandable, it is imperative to understand that a decision takes several stages and considerations before being reached. Secondly,
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decision makers face situations that require information which might not be available. For instance the situation of uncertainty faces a person when there is limitation of facts. Complexity is another situation that tends to demand the consideration of other interrelated factors. Then, high-risk consequences situations require that one be keen on the decision because it will have significant consequences.
As noted above, management often makes decisions with considerations being made primarily about the organization not the feelings of individuals. Thus, managements tend to employ a number of theories to reach this decision. This is section will focus on the steps that management take in the culmination of a decision-making.
The first thing a management is faced with is a situation before a decision is made. For this reason, the management takes time trying to understand the situation. According to Nienaber (2010), the reason competent management takes time here is that the definition of a problem will shape the next process. Thus, management tends to be careful on understanding the situation once it has been recognized as one that requires more attention.
Once a problem has been confirmed to exist, it has to be solved, and this calls for a solution. However, because of the complexities of situations, coming up with the right decision is not always easy. Hence, the management draws alternatives first in a bid to identify the most applicable in the given situation. Evaluation of the most appropriate alternatives follows where the management closely looks into each of the alternatives. The selection of the best ...Download file "Explaining Management Decisions (SPORTS MANAGEMENT)" to see next pagesRead More
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