“A decision is a conscious choice to behave or to think in a particular way in a given set of circumstances. When a choice has been made, a decision has been made.”
Of all the problems in management, the problem of decision-making is the most difficult. Even in ordinary life, ‘to do or not to do’ is one of the most important riddles that an individual faces before leaping to action. The ability to decide and choose wisely and rightly is often a matter of how the problem was posed. Though we try to be as logical as possible in taking a decision, sometimes we end up making illogical choices. So, it is important to understand how people decide things to avoid bad judgments.
The sad truth is that people, even at the highest level, simply do not like to make good choices as every decision involves a certain amount of risk. It would be pertinent to keep in mind that a decision-making process means repeatedly proving your ability. So, have a clear understanding of your individual decision-making style. Keep in mind, when it comes to decisions, the best one can do is hope to make more good decisions than bad ones. And it is equally true that nobody is very good in taking all types of decisions.
Decision-making precedes every managerial function. Decisions regarding what goals and ways to achieve them (decisions before planning), design of the organisation structure and span of management (decisions before organising), number and type of employees required, sources of recruitment, method of selection, training and development methods, best match between job description and job specification (decisions before staffing), incentive system, leadership styles and communication channel (decisions before directing) and techniques of control (decisions before controlling) are taken for smooth running and growth of business operations. Decision­ making is not easy. Decision making can be quite tricky and challenging in some cases. It is hence important to gather as much information from different sources and evaluate all possible alternatives to the problem or situation at hand before making a decision. Doing so will allow us to arrive at the best possible solution for the problem. My decision wasn’t an overnight one. It took me a couple of months of research and consultations with friends, family and university professors to make a decision. Low cost of tuition and length of the course were also a big influence on my decision. An advantage of my choice was that it was an outcome of research and discussion and there was no conflict in that it was a group decision to which everybody agreed. This significantly decreased the probability of risk in my decision making. I believe my decision was correct and am quite pleased with the way it is turning out as I am enjoying my units in University. If I had made the decision individually and without my parent’s consent, or without any research, it would have increased the probability of risk in any given situation.

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