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The Decision Making Process As It Relates to Planning "Decision making is the cognitive process leading to the selection of a course of action among alternatives."
that decreased turnover, higher employee morale, and involved employees in the decision making process are all optimal in providing key leverage in an organization's
and legal issues, and corporate social responsibility, and how they influence corporate decision-making at Target Coporation. Simply stated, planning is the process
that decreased turnover, higher employee morale, and involved employees in the decision making process are all optimal in providing key leverage in an organization's
decisions in any given situation or as a mean to achieve a goal or objective. Thinking is the primal process the individual need in order to live in the day-to-day
Submitted by fkassar on November 26, 2006
Category: Miscellaneous
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"Decision making is the cognitive process leading to the selection of a course of action among alternatives." Usually the decision making process is implemented resulting from an identified problem that needs to be addressed and remedied. Each decision making process produces a final choice, which is called a decision. Planning is an integral part of the process. Without an organized plan, a final decision will be very difficult to achieve.
Planning and decision making are very similar, yet very distinct processes by which organizational goals are met. If the two processes are implemented properly, they can complement each other so that goals can be realized in the most efficient and effective manner possible. Planning involves identifying the organization's goals, an overall strategy to achieve these goals and a complete set of plans to incorporate and coordinate organizational work. As with any feat, problems arise and prevent goals from being realized.
The first step in the decision making process, as stated earlier, is to clearly identify the problem. For example, at my office we purchased a new accounting system, as the current accounting system limited reporting capabilities. It was an organizational goal to be able to report on very specific information; however the current system would not allow us to meet this goal. To tackle this problem, management decided to purchase a new accounting system. Purchasing a program that will structure financial information as required by the federal government does not come cheap and will result in a significant financial investment.
Once management decided to make the investment in the new system, the finance department was tasked with developing an operational plan that would specify the details of how the goal was to be achieved. The first step of the plan was to identify the breadth, or extent, of the plan. The finance department had restructured the accounting system once...
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