Decision Making As The Essence Of A Manager s Job Essay

1. Why is decision making often described as the essence of a manager’s job? Decision making is described as the essence of a manager’s job because that is what managers are doing when they are Planning, Organizing, Leading, and Controlling. These are the four managerial functions of all managers and have the potential to affect others. 2. Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How might managers improve their decision-making skills? Yes, there is a difference between wrong decisions and bad decisions. Good managers sometimes make wrong decisions due to the fact that we are all human and we make mistakes. However, bad decisions are made when the managers use a rule of thumb decision making process that could lead to basis decisions. Here are a few of the basis decisions managers may fall into over-confidence basis, immediate gratification basis, selective perception bias, confirmation basis, confirmation bias, framing bias, availability bias, representation bias, randomness bias, self-serving bias and hindsight bias. These bias all have an error in self and error in information. Managers can improve on making decision better by being aware of these basis. Pay attention to how they come to the decision. And have others help find weaknesses or problems with their decision and work on improving weaknesses. 3. Why do you think organizations have increased the use of groups forShow MoreRelatedPrimary Functions Of A Manager1308 Words   |  6 Pages PRIMARY FUNCTIONS IN MANAGEMENT Management is the process of getting things done, effectively and efficiently, through and with other people (Robbins, DeCenzo Coulter, 2015). The functions of a manager are defined primarily as planning, organizing, leading and controlling. 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