6 Examples of decision making

The decision makingwithin a company, it refers to the process where an option is selected among different possibilities when facing a difficulty or solve it, also to know how to carry out certain actions that could affect the company in some way.

In order to determine a problem or situation in the company, it is necessary to consider possible alternatives and apply the most appropriate to achieve a solution. At present, the process of decision making It requires flexibility and must be able to take various approaches to ensure that the decision made is within the legal framework.

To better understand the concept, we analyze some decision making examples.

Decision making examples

There are some internal and external factors, which can positively or negatively influence the decisions, therefore, it is necessary to know what the end goal is to obtain the best Outcome. Next, will be shown important

decision making examples:

1. Higher salary

Henry Ford made the decision in his company to increase the salaries of his employees. This helped him improve the company's production, thanks to the fact that doubling the salary attracted the attention of the talented people he needed.

This type of decision caused worldwide attention and amazement, however, with this, the experience increased. to his company, costs fell significantly and the level of production achieved a high level of increase.

2. Be green

• Companies that decide to go green to collaborate with the conservation of the environment, through the recycling system in the departments. In this way, workers help reduce environmental waste such as bottles, office papers and cans, among others.
• Companies that not only practice the recycling system, but also facilitate programs extensive recycling programs in order to teach your workers to recycle everything that they can.
• Many clothing stores sell organic T-shirts and in this way help reduce all kinds of substances that can be released in the regular manufacturing process and pollute the environment.
• Some companies decide to create policies that help the environment by reducing excessive consumption of resources and reducing waste from it.
• Today there are businesses that use the setting of timers so that the lights go off at night. They also buy recycled or organic items or use reconditioned office supplies.

3. Planning

Wal-Mart management holds weekly meetings to plan programs and discuss the necessary modifications, based on what has been learned from the week. This led workers to get used to an information culture that generates adequate decision-making in one of the best companies in the world.

4. Individual ethics in the business environment

• An employee may decide to have the work ethic of being totally honest and keeping customer information confidential.
• A worker who refuses to participate or spread false information that could damage the good image of one of her colleagues.

5. Leadership training

The decision taken by the General Electric company to make the investment for a training center helped professionally develop great leaders who improved the efficiency of the company.

This company financed part of its budget for this type of training and that is why today there is a solid tradition in the formation of successful leaders.

6. Commitment and social responsibility

• There are some companies that make the decision to actively optimize social conditions by improving situations economic resources of the locality, serving needy individuals and offering low-income people opportunities labor.
• Companies that decide to hire at-risk youth or low-income people, paying them fair wages, this This is due to the fact that many companies have the policy of giving the opportunity to people who are generally discriminated.
• Another example is the banks that face ethical decisions, to grant money loans to some companies that seek to harm the environment. Therefore, by denying a loan to a destructive company, it can be said that you are making an ethical decision.
• Some small businesses make donations of a fixed amount or a percentage of their profits each year to a charity.
• Depending on some negotiations, there are companies that could face certain ethical decisions that affect society, such as the amount of money from worker payments, knowing who to hire and when to turn down a customer who harms the community.

The decision making determines the key process to develop the future of a company, where there are mostly many people involved who listen to alternatives and proposals that can help with the final choice of decisions of the business.