Planning is the systematic process of making decisions about the goals and activities that an individual, a group, a work unit, or an overall organization will pursue in the future. It is an intellectual process requiring conscious determination of courses of action based on foresight, facts, and considered estimates.
High debt, outdated infrastructure, talent gaps.
Decision-making is the process of choosing a preferred course of action from a set of alternatives. It is a continuous and indispensable component of managing. Rational Decision-Making Process principles of management unit 2 ppt
– Summary bullets emphasizing flexibility in planning in today's volatile business environments.
Avoid walls of text. Convert the PESTEL and SWOT frameworks into clean, quadrant-style diagrams or charts. Planning is the systematic process of making decisions
Slide 4: Administrative Management Theory
Pause after the "Decision-Making" section to present a brief scenario to your audience, asking them whether a rational or satisficing approach fits best. Decision-making is the process of choosing a preferred
: Integrating activities to achieve common goals.
Non-Programmed: Unique, unstructured, and complex decisions requiring custom solutions.
