StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Explaining Management Decisions (SPORTS MANAGEMENT) - Essay Example

Cite this document
Summary
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…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.2% of users find it useful
Explaining Management Decisions (SPORTS MANAGEMENT)
Read Text Preview

Extract of sample "Explaining Management Decisions (SPORTS MANAGEMENT)"

Management Decisions in Sports School affiliation: Decision making is as important in the world of business as it is in other spheresof life, and at some point one has to make a decision. 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 comfortable agreeing with them. Even though it is sometimes advisable to seek employees’ opinions, management often has to make some decisions regardless of their juniors’ views.

As a result, there is a possibility of a feeling of exclusion from the affected parties, who may argue that their opinions would have been more impactful. 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, 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. Management decisionAs 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 alternative comes as the last step, and it is after this step that a decision is reached.

Finally, the implementation follows and as the process goes on, the management evaluates the results (Kozuba, 2013)Contracting someone from the outside was the right decision because of the expertise needed. Furthermore, since the vice president has no expertise in this area, this would offer him an opportunity to be equipped with the skills. Besides, all the personnel under him would immensely benefit from the individual tasked with this project. Consequently, this would ensure that in the future, the vice president’s department is well equipped.

Obviously, it is the vice president who would be seen as a good leader. The above scenario is replicated in the sport arena countless times, with one incident involving a football club playing in the Major League soccer (MLS). The captain of this club was reportedly not even informed on the decision to have the English player join the club from Manchester City. Therefore, the decision not to involve the vice president was more beneficial to him that it was harmful. ReferencesKozuba, J. (2013).

Situational Awareness Vs. A Pilot’s Decision-Making Process. Annual Of Navigation, 20(1). Nienaber, H. (2010). Conceptualisation of management and leadership. Management Decision, 48(5), 661

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Explaining Management Decisions (SPORTS MANAGEMENT) Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1685530-explaining-management-decisions-sports-management
(Explaining Management Decisions (SPORTS MANAGEMENT) Essay)
https://studentshare.org/miscellaneous/1685530-explaining-management-decisions-sports-management.
“Explaining Management Decisions (SPORTS MANAGEMENT) Essay”, n.d. https://studentshare.org/miscellaneous/1685530-explaining-management-decisions-sports-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Explaining Management Decisions (SPORTS MANAGEMENT)

Various Crisis Situations of Nike

The benefits and outcomes of all such decisions which were made by the management of the company are also highlighted. Nike Inc.... Though analysts and many others feel that the management of the company is responsible for this crisis, it cannot be said so.... The company and its management cannot be 100% responsible since it is the... the sports gear giant.... hellip; The various decisions and changes that have been made in the organization have also been discussed as part of the analysis....
8 Pages (2000 words) Essay

Management Accounting Assignment Help me

Actual attendance increased by 15 more persons, totaling to 85 persons. management by exception… egates routine decisions to lower level managers, unburdening top level managers from making decisions that have minimal or quite insignificant implications to the organization....
3 Pages (750 words) Essay

Limitation Faced by Red Bull

An organization cannot have competitive edge until and unless there is proper management.... Absence of efficient management leads to an inappropriate goal setting and hence, towards the failure of the organization.... Any… Strategic management is the essence for the success of any organization.... To tailor this product according to the diverse needs of individuals, they positioned the drink as an energy drink coupled with adventurous advertisements and sponsorship of famous sports known as formula 1 (F1)....
11 Pages (2750 words) Essay

Economics of Sports

It analyses sports management on effective ways of managing finances, paying players satisfactory.... A further significance of the paper is that it edifies sports management on effective ways of managing finances and paying players satisfactory.... This article discusses the field of sports economics in perfecting the mispricing of skillfulness through the assistance of statistical knowledge across decision-making units of a specific game....  Economics of sports An economic evaluation of the Moneyball Hypothesis by Jahn K....
1 Pages (250 words) Article

ACADEMIC RECOGNITION FOR CPD IN TENNIS COACHING MANAGEMENT

The term ‘learning' is often regarded as the change in theoretical perspectives of people, which is established with the implementation of greater level of knowledge, skills or practices derived from education.... Notably, learning involves helping people throughout the process… Furthermore, it has been apparently observed that the process of learning includes various actions such as underpinning various sorts Extending the discussion in this particular regard, it can be affirmed that continuous learning is one of the imperative aspects, which is associated with an individual....
12 Pages (3000 words) Essay

Promotional Experience of Nike Incorporation

The brand functions is six major geographical markets which include Eastern and Central Europe, Western Europe, North America and Japan, Grater… The main competitors of Nike are Adidas and Puma, which are two other leading companies operating in the sports apparels and accessories market....
8 Pages (2000 words) Essay

Financial Performance and Position of Adidas and Nike

The participants in the sports; whether professionals or amateurs, need quality sports gear that is specific to their game.... This is to enhance… This kind of market has the two conglomerates Adidas and Nike, which form the foundation of this report.... Adidas is a German multinational corporation based in Herzogenaurach....
7 Pages (1750 words) Case Study

Sport Psychology: Burnout and Overtraining

In the current coursework "sports Psychology: Burnout and Overtraining" the causes and the effects of a risk related to sports are discussed: the exposure to burnout and overtraining.... The paper outlines individuals participating in sports.... A series of suggestions have been incorporated in this study for limiting the risk of burnout and overtraining in sports.... Through the review of the literature, it was made clear that burnout and overtraining are common phenomena in sports....
14 Pages (3500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us