KEYS TO EFFECTIVE DELEGATION Effective delegation is ultimately predicated on ensuring that a company’s workforce is sufficiently talented and motivated to take on the responsibilities that are delegated to them. New entrepreneurs often have difficulty figuring out what king of workers to hire. If the wrong people are hired, they […]
Human Resources
HOW TO MINIMIZE RISKS WHEN MAKING DECISIONS Most decisions contain a degree of uncertainty. Use your own judgment and experience to remove as much doubt as possible from a situation. Think through the consequences of your actions, be prepared to compromise, and consider timing carefully. Assessing the Consequences Making […]
HOW TO FORECAST THE FUTURE IN DECISION-MAKING Decision-making rests on predicting the future and assuming that events will unfold following an established action plan. Develop methods of improving the accuracy of your own forecast and ways of using forecasts made by others to the best effect. Selecting Methods of […]
HOW TO GENERATE IDEAS The creation of new ideas is vital to bring fresh light to the decision-making process. When sourcing fresh ideas, strive to achieve the right balance between imagination and practicality. Your first hurdle, however, lies in generating ideas from others. Brainstorming for ideas Brainstorming meetings are held […]
HOW TO DECIDE WHOM TO INVOLVE IN A DECISION Whom to involve, and how, is your very first decision as a decision-maker. The number of people you can involve ranges from none, in which you make a decision single-handedly, to total, in which you lead a whole team searching for […]
HOW TO IDENTIFY ISSUES WHEN REACHING A DECISION Mastering the processes and methods involved in taking decisions goes a long way towards maximizing your effectiveness and efficiency as a manager. Identifying Issues It is crucial to diagnose problems correctly. Before any decision can be made, identify and define the issue […]
What’s the Difference Between Exempt and Non-Exempt Employees? Whether your employees are considered exempt or non-exempt impacts several things from whether they track their time to overtime pay eligibility. But before you can accurately categorize your workforce, you need to understand what exempt and non-exempt means—and what’s required for each […]
HOW TO BE DECISIVE IN DECISION-MAKING He ability to take timely, clear, and firm decisions, is an essential quality of leadership, but the type of decision needed will vary according to the circumstances. Learn to recognize the implications of taking each type of different decision. Being Positive Taking decisive […]
HOW TO ANALYZE YOUR RESPONSIBILITY Top-down decision-making leads to the delegation of work to subordinate levels. This is natural to hierarchies, but you must decide which decisions to make yourself and which to delegate to others. The best decision-makers share responsibility widely. Making Your Own Decisions It is up […]
KNOWING YOUR ORGANIZATION’S CORPORATE CULTURE A powerful ingredient in decision-making is your organization’s corporate culture. This affects the issues and options available to you when making a decision. Learn what is acceptable to your organization and what is always ruled out. Analyzing Different Corporate Styles Decisions are affected by, and […]
