Important role of Decision-Making Important management skill is decision-making. Managers make numerous decisions, whether knowingly or not, and making decisions is a key component in a manager’s success. Making proper and right decisions results in the success of the organization, while poor or bad decisions may lead to failure or poor performance. For the organization to run effectively and smoothly, clear and right decisions should be made. A manager must be accountable for every decision that they make and also be willing to take responsibility for the results of their decisions. A good manager needs to possess great decision-making skills, as it often dictates his/her success in achieving organizational objectives.
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Showing posts from December, 2019
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Behavior in Organization The behavior of an individual in the organization is the combination between the individual and environmental characteristics. In reality, the manager should use existing resources to a certain task, and should be able to understand the difference between the behavior of different individuals and use them in the appropriate way to achieve team collaboration in the organization.
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Benefits of Digitalization Digitalization involves exploring business models and platforms using digital technologies, devices or techniques to yield several benefits in various aspects of life. Digital solutions can simplify a country’s security and intelligence systems, and its economy and infrastructure, to name a few. For citizens, digitalization promises much needed improvement both in the delivery of public services, such as Government/Bank issued certificates, and other services, financial or otherwise. technology and the digital revolution can disrupt conventional models and bring benefits to the common man in many ways, for instance, by providing a platform that connects buyers and sellers across the globe and updates the status of transactions as they happen online. With more and more developing countries progressively reaping the benefits of digitalization, it is hoped that the digital revolution will also spread to the other nations and people who need it the...
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Employees Motivators The ability to motivate is another important skill in an organization. Motivation helps bring forth a desired behavior or response from the employees or certain stakeholders. There are numerous motivation tactics that managers can use, and choosing the right ones can depend on characteristics such as company and team culture, team personalities, and more. There are two primary types of motivation that a manager can use. These are intrinsic and extrinsic motivation.