Elements of Decision making...

Elements of Decision making One of the important tasks of an executive is the decision making. It generally takes a small fraction of his time. Nevertheless the decision making is a very important aspect of his work since the decisions he makes by virtue of his position, knowledge or experience have significant impact on the entire organization, its performance, and the results. Hence, executives to be effective are to make wise decisions. They are to make the decisions as a systematic process with clearly defined elements and in a distinct sequence of steps. For an effective decision making, the executive is to normally concentrate on those important and strategic decisions which have big impact for the organization. These strategic decisions need to have the highest level of conceptual understanding. The executive is required to find the constants in a situation and is to apply his skill to manipulate a great many variables arising out of the chaotic thinking in order to make an effective decision. He is to know what the decision is all about and what the underlying realities are which the decision is required to satisfy. The executive is to look out for impact rather than the technique. He is to ensure that the decision he makes needs to be sound rather than clever. An executive while making a decision is required to know whether the decision is to be based on principle or it is to be made on the merits of the case and logically. He is to be aware that the trickiest decision is the one which is between the right and the wrong compromise he has to make and he is to be able to judge one from the other. Further, the executive is to be aware that...

Workplace discipline

Workplace discipline Workplace discipline is the discipline which the employees are to observe at the workplace. It is fundamental to the smooth running of an organization. The organization runs efficiently when all its processes functions normally and the normal working of the processes occurs when the all the procedures are followed without any deviations. The word ‘discipline has the same origin as the word ‘disciple’. Just as the disciple follows the teachings of his teacher, so discipline means following the rules, laws, and procedures of the organization or the technical processes of the workplace.  As per dictionary the meaning of discipline includes instructions and learning. It also includes improvement, correction as well as punishment. Discipline is defined as a force that prompts individuals and group of employees to observe rules, regulations, systems, processes and procedures which are considered to be necessary for the effective functioning of the organization. It is also defined as an activity that involves acting in accordance with a set of known rules, proven guidelines and conventions framed for the purpose. It is basically an attitude of the mind and a product of culture and environment. Discipline refers to the regulation of behaviour of the employees of the organization involving rules that govern goal orientation and behaviour of employees inside and outside the organization. Workplace discipline consists of those features of discipline which the employees are to observe at their workplace. There are two major features of the workplace discipline (Fig 1). These are given below. Observation without any deviations the technical instructions, procedures, standards, guidelines, and practices of the technological processes which the employees are operating at their workplaces Observation of the rules and regulations of the organization which the management has framed for the functioning of the organization Fig1...