Answer to Question #214236 in Management for malik

Question

Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How can managers improve their decision-making skills? please tell me answer.

Answer 1

Yes, there is a difference between a wrong decision and a bad decision. When there is no way of knowing, a bad decision is the best guess, whereas terrible decisions are unforced errors.

Reasons why managers make a wrong decision

• Leadership Inexperience - A young manager just starting in their profession may lack the necessary business and life experience to make a high percentage of effective decisions.

• Time Pressure - A perpetual sense of urgency often characterizes a manager's existence. He or she may be required to present the status report to the senior manager's weekly team meeting, for example.

How managers improve their decision-making skills

• Employee opinions matter - Find strategies to encourage your employees to share knowledge. Allow for direct communication and cultivate an environment where people can be honest, even if the truth is unpleasant.

• Deal with problems - If you wish to consult people about a problem, think about it from as many perspectives as possible before approaching them. You won't be constrained by their interpretations and views this way.