Business Management Effective Decisions

Business Management Effective Decisions Characteristics of poor decisions Decisions are the driving force of an organization, the quality of decisions made leaders determine the effectiveness and success of an organization. The quality of decisions differentiates effective and ineffective leaders; effective decisions are characterized by timeliness, quality, acceptability and the responsiveness of to the prevailing situation in an organization. When decisions made in an organization are poor, the following are the main characteristics:Advertising We will write a custom research paper sample on Business Management: Effective Decisions specifically for you for only $16.05 $11/page Learn More Reduced production and high rate of inefficiencies: poor decisions leads to low productivity within an organization, the decisions are not responsive to the demands of the market and the cost of production is relatively high than the normal rate. De-motivated staff/personals: when managers make poor decisions th ey hardly involve their subordinates in the decision, the staffs when they learn of the new approach to business are not willing to undertake the duties and responsibilities given thus they become de-motivated and their morale of working reduces. Unsatisfied customers: poor decision means that the customers fail to get the right quality and quantity of the products they buy from the company, when this happens there are chances that they become unsatisfied and probably move to competitor products (Mallor, Barnes, Bowers Langvardt, 2010). Three ways of Resisting Requests to Act Unethically In all professions acting ethically is advocated for, however there are chances that some one finds him or herself in a situation likely to compromise his or her integrity; in some instances there are some actions that professionals should take to uphold and keep their integrity despite the challenges, they include: Have high self Integrity and moral standings: this happens at an individual level w here someone is advised to understand he or she has a duty to act ethically regardless of the situation he or she is going through. When people respect their moral standings, then chances that they will be corrupt and entertain unethical behaviour is minimal. Understand the ethical frameworks: when in an organization, or in once career, it is always good for one to have an understanding of the ethical attributes that one is required to uphold. When someone understands the attributes, then they should act within that framework.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Act professionally: regardless of once profession, when someone is acting professionally, chances that he is going to go against ethical standards as required is low, thus if people where to uphold high levels of professionalism, then ethical behaviour can be maintained fully. Three ways you can choose to Lead Ethically To act ethically someone needs to take some deliberate moves and decisions; the following are the best approaches to acting ethically: Understanding the ethical standards of the particular profession: when someone understands the boundaries and requirements of a certain profession, then he will be able to act ethically within the frameworks of the profession Uphold self virtues: people who have good virtues and who observe them are more likely not to be corrupt with unethical behaviours; with the notion and understanding, people should work towards having high self values that they respect and uphold to. Update ones skills and knowledge on ethical behaviour: as the world integrates and develops, there is focus on certain areas in the community; the developments may lead to ethical issues if someone is not well informed. Leaders need to be well informed of the changes occurring in the world to assist them lead ethically (Cornelius, Todres, Janjuha-Jivraj, Woods Wa llace, 2008). References Cornelius, N., Todres, M., Janjuha-Jivraj, S., Woods, A. and Wallace, J. (2008). Corporate Social Responsibility and the Social Enterprise. Journal of Business Ethics, 81(2), 355-370. Mallor, J.P., Barnes, A.J., Bowers, T., Langvardt, A.W. (2010). Business Law: The ethical, global,and ecommerce environment. New York : Irwin/McGraw Hill.Advertising We will write a custom research paper sample on Business Management: Effective Decisions specifically for you for only $16.05 $11/page Learn More