Expert Systems
Expert systems are designed not just to support decision making, but to suggest actual decisions.
Pushing Decision Making Down Through An Organization
There are several reasons for pushing decision making down through an organization. Often those at lower levels have more knowledge about the customer or product. Putting more decisions into the hands of lower level employees can also boost morale a...
Rational Decision Making
Decisions shape the destiny of organizations. Sound decision making--the ability to make a rational choice among alternatives--is one of the most critical managerial skills.
Non-Quantitative Decision Making
In conditions of uncertainty, where there are no clear probabilities, managers may make decisions by drawing on experience, judgment or intuition, factors which are sometimes referred to as non-quantitative.
Decision Making Case Study: CNN
CNN, The Cable News Network, broadcasts around the clock, seven days a week, internationally. CNN executives and other employees must constantly make decisions about what news should go on the air and how it should be gathered and presented.
Decision Making and Delegation Case Study: CNN
In order to facilitate the free flow of information, CNN cultivates an open and collegial atmosphere. While the company needs clear lines of authority to make decisions about rapidly breaking news, CNN executives generally try to temper their formal...
Decision Making
Mercy Hospital and Medical Center has utilized a decision making model called shared governance, which transfers clinical decision making from management to staff members who work directly with patients. This model encourages employees to build cons...
Decision Making Models
Managers sometimes use computer models to help them analyze their options under varying conditions and circumstances.
Planning
This clip explores the management function known as planning. The clip explains that it is important to establish clear goals and forecast trends and events in order to make good decisions. Nonetheless, the clip notes, planning is often neglected in...
Balance and Satisfaction
This clip talks about the value of maintaining balance in ones' life, even while putting tremendous energy into running a small business. It also looks at the importance of being flexible and open to change.