Decision Making Flashcards

1
Q

what are the roles of managers

A
POCCCDM
Plan
Organise (arrange resources)
Command
Coordinate 
Control
Delegate
Motivate
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2
Q

what are the 3 types of decisions

A

strategic tactical and operational

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3
Q

what is a strategic decision

A

general statement lasting long term. takes 3 years to 5 years to make. there’s a high risk

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4
Q

what is a tactical decision

A

a medium term department action. takes 3 months to a year to make. it is taken by each department and has a medium risk that is difficult to change

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5
Q

what is an operational decision

A

a decision made from day to day. it takes a day to a month to make. it is made by any empowered staff and has little risk

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6
Q

what effects the quality of decisions

A
  • skill of the manager
  • swot analysis
  • taken time to make decisions
  • ‘no blame’ culture
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7
Q

how do we evaluate the quality of decisions

A
  • has the issue been resolved
  • comparison before and after
  • monitoring opinions
  • assessing competitivness
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8
Q

what are the benefits of using swot

A
  • no rash decisions
  • take advantage of opportunities
  • can take action against threats
  • correct weaknesses
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9
Q

disadvantages of swot

A
  • time consuming
  • costly to gather info
  • delays in making decisions
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