Managerial Techniques and Decision Impact

Managerial Techniques and Decision Impact

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Managerial Techniques and Decision Impact

Managerial techniques refer to the methods and approaches that managers use to organize, plan, and control their organization’s resources to achieve its goals and objectives. There are several key managerial techniques that can be used to impact decision making in an organization.

One important technique is planning. Planning involves setting goals and objectives, determining the resources needed to achieve them, and developing a course of action to achieve them. This is an essential step in decision making because it allows managers to anticipate potential problems and develop strategies to overcome them.

Another important technique is organizing. Organizing involves grouping and coordinating resources to achieve the goals and objectives set in the planning process. This includes assigning tasks, delegating responsibilities, and establishing communication channels to ensure that everyone is working towards the same goal.

Control is also a key managerial technique. Control involves monitoring and evaluating the performance of the organization and its individual members to ensure that goals and objectives are being met. This includes monitoring financial performance, customer satisfaction, and employee productivity.

In addition to these key techniques, there are several other managerial tools and approaches that can be used to impact decision making in an organization. These include budgeting, which involves allocating resources to different areas of the organization, and forecasting, which involves predicting future trends and events that may impact the organization.

Decision making is an integral part of the management process, and the impact of managerial techniques on decision making can be significant. For example, effective planning can help managers anticipate potential problems and develop strategies to overcome them, while effective organizing can help managers coordinate resources and activities to achieve the organization’s goals and objectives.

Overall, managerial techniques play an important role in decision making in an organization. They provide the framework and tools needed for managers to effectively plan, organize, and control the organization’s resources to achieve its goals and objectives. Effective use of these techniques can help managers make better decisions, improve organizational performance, and ultimately, achieve greater success.

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Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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