Managerial Decision Making Techniques

Managerial Decision Making Techniques

Whether in our personal life, in business life, or for the country; we have to make decisions at all stages of life. We go to a crossroads at every moment of life and we have to choose one of at least two roads at this crossroads. So we take the decision-making action. The quality of the decisions we make also determines the quality of the person, business, and country. This shows us how important decision-making is.

In the course of life, we have encountered at least two divisions. Often, three or four different options were found at these crossroads. We have to choose one of these ways for ourselves, for the business and the country. Even if we don’t choose one of these ways, life drives us to choose one of these ways. Every decision-making has a consequence. When performing this action it is necessary to work to identify what the problem is.

Especially in an organization, this situation is very difficult for the managers in the department. Deciding is one of the common features of managers, regardless of which organization they are in. The success achieved in the field of decision is at a level that will affect the future of the manager and the business. While performing the decision-making action that has such important effects, managerial decision-making techniques should be used. Managerial decision-making techniques are both practical and useful in decision making and problem-solving.

Making decisions at every stage of managerial functions of a manager in an enterprise is the most important factor. Since the decision-making action is an important stage, it must be handled with great importance by the managers. The biggest secret of being a good manager is to make the best use of the decisions that come before him. It is also making decisions in this direction. In this article, you will learn about managerial decision-making techniques that will assist the manager in the decision-making process. If you are ready, let’s start to learn about managerial decision-making techniques!

What are Managerial Decision-Making Techniques?

The biggest characteristic of people who are managers is to make decisions. The decision-making authority in most matters in businesses belongs to the managers. While making a decision, a manager acts by considering the interests of the business he works for. Every decision taken in a business must be by the decisions taken before. The manager of a business is the person to whom the material and human resources are placed at his disposal. Therefore, it is clear that the decisions made are the basis of managerial work. The manager is the person who will carry out the organization using the resources given to him.

Here is the act of making a decision. A manager must determine how to do a job and by whom. After determining that the job can be done. Therefore, the manager has to decide between various jobs. The selected alternatives show the decisions made by the manager. Decisions are made using scientific methods in today’s developing management understanding. The success of a manager depends on his decision-making ability. Wrong decisions are taken in the business cause the wrong people to do wrong activities. This situation is seen as the biggest obstacle in reaching the targets determined in the enterprise.

There are techniques to enable managers to make effective decisions and to help businesses achieve their goals correctly. These techniques are scientific methods developed in line with researches made over time. These methods can be named managerial decision-making techniques. Managerial decision-making techniques are based on the use of scientific foundations developed for problem-solving. With the use of the scientific method, a common language to be used by managers is formed. In decision making the subjective location of an item’s lens and takes a systematic process.

While using the scientific method, observations and experiments are used. The claim made should be able to be tested by others. Managerial decision-making techniques count as a scientific method. Managerial decision-making techniques; Delphi technique, brainstorming Pareto analysis, cause-effect diagram, multi-play technique, the technique of determining a devil’s advocate, nominal group technique, Phillips 66 technique, PDCA, etc. consists of. Let’s start with the Delphi technique from these techniques.

What is Delphi Technique?

Delphi technique is a technique that tries to conclude the experts’ opinions. Within the Delphi technique, the opinions of many experts are requested individually on problems. Then, the opinions arising are combined and the views are averaged. In the Delphi technique, people who have views very different from the averages are asked why.

Delphi technique is expensive and time-consuming. It is a technique used in matters concerning future economic events. It is generally not used in daily events. After learning about the Delphi technique, let’s now learn about the technique of appointing a devil’s lawyer.

What is the Technique of Appointing a Devil’s Advocate?

The technique of appointing a devil’s advocate begins with identifying a person who is the devil’s advocate. The devil’s advocate sets challenging alternatives to the decisive decisions made by the group. The purpose of the technique of appointing a devil’s advocate is to make the group rethink about the situations that may occur before the solution to the problem is determined. It also enables the group to anticipate alternatives and unexpected developments. The technique of appointing a devil’s lawyer ensures that the decisions taken are more qualified. After learning about the technique of appointing a devil’s lawyer, let’s learn about the brainstorming technique.

What is the Brainstorming Technique?

Brainstorming technique is defined as a creative decision-making technique. The brainstorming technique is the technique of freely generating ideas and creating new alternatives. The opinions raised while doing the brainstorming technique should not be criticized. The views put forward should be praised. No questions should be asked to the person who commented.

The brainstorming technique is a technique that tries to create new alternatives from the ideas put forward. The main purpose is to support the generation of new ideas. Nobody can produce a new view of this technique. It should be emphasized that every opinion said is based on previous views of others. The brainstorming technique is done between four and seven people and involves a group meeting. After learning about this technique, let’s have information about the PDCA technique.

What is PDCA Technique?

PDCA technique is an abbreviation of the words plan, apply, control, and take action. PUKÖ technique is a systematic technique that enables you to reach the result by making a step-by-step plan. The PDCA technique is the first step to plan. It determines the goals and objectives precisely in the planning phase. A detailed plan is made by deciding what to do. The second stage of this technique is the application phase. At this stage, everyone responsible is informed. The action plan is monitored and implemented. It is also known as the stage where application results are monitored.

The third stage of this technique is the check stage. At this stage, it is checked whether the targets have been reached or not. A permanent monitoring system is established. The last stage of the technique is the take action stage. Effective measures are standardized at this stage. A permanent monitoring system is established. We can express the limits of the PDCA technique in general in this way. After finishing the PDCA technique, let’s move on to the short article on the people who use these techniques.

On People Using Techniques

People who use managerial decision-making techniques can quickly and effectively perform their decision-making and problem-solving activities as required by the positions of managers and employees in businesses. Going beyond personal approaches and methods, a common thinking attitude that encourages creativity in the face of issues that need to be decided and problems to be solved is supported. The people who use these techniques can take decisions and gain an implementation perspective. Contacts And they take steps in a direction that supports cooperation. Managerial problems and general problem-solving approaches encountered within the company are more effective.

What are Managerial Decision-Making Techniques?

The manager has to decide between the various jobs and the alternatives chosen to indicate the decisions the manager has made. There are techniques to enable managers to make effective decisions and to help businesses achieve their goals correctly. These; continue as Pareto analysis, cause-effect diagram, multi-play technique, nominal group technique, and Phillips 66 technique.

What is Delphi Technique?

Many experts are asked for opinions on individual problems. Then, the opinions arising are combined and the views are averaged. People who have very different views from the averages are asked why this is and is mostly used for topics of future economic events.

What is the Technique for Appointing a Devil’s Advocate?

The devil’s advocate sets challenging alternatives to the decisive decisions made by the group. The aim is to make the group rethink the situations that may occur before the solution to the problem is determined. It also enables the group to anticipate alternatives and unexpected developments.