Effective Decision Making and Problem Solving in Organizations

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Added on  2022/11/24

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AI Summary
This report explores problem-solving and decision-making within organizations, focusing on issues such as job dissatisfaction and work-life balance. It utilizes various analytical tools including the Fishbone model, SWOT analysis, PESTLE analysis, and Grit analysis to identify and address organizational challenges. The report emphasizes the importance of effective decision-making for achieving company targets and maintaining employee motivation. It also highlights how factors like political, economic, social, technological, legal, and environmental (PESTLE) aspects influence employee performance. Ultimately, the report concludes that resolving job dissatisfaction through strategic planning is crucial for enhancing business profitability and gaining a competitive edge in the marketplace. Desklib provides this report along with a variety of other study resources.
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PROBLEM SOLVING AND
DECISION MAKING
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TABLE OF CONTENTS
INTRODUCTION
JOB DISSATISFACTION
WORK LIFE BALANCE
FISHBONE
SWOT ANALYSIS
PESTLE ANALYSIS
PMI DECISION MAKING TOOL
GRIT ANALYSIS
CONCLUSION
REFERENCES
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INTRODUCTION
In the organization effective decision making is very
important so that company can achieve its targets on
time. Decision are mostly taken top level management of
the business so that proper direction can be given to the
employees in the business. organization should also
involves their involves in the decision making process so
that employees can remain motivated towards the
services of the company.
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JOB DISSATISFACTION
Job dissatisfaction takes place when employee is not
happy with the job it may be due to various reasons like
poor management, lack of resources, no career growth
etc. which also affect the will power of the employees in
the business. in the organization employees work more
effectively if they will get any job opportunities in the
business.
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WORK LIFE BALANCE
Work life balances is basically how people manage their
time in between of their work so that they can live
healthy lifestyle. Maintaining a balance in work helps in
reducing the stress and other health issues because if the
person go through stress on the daily basis because of the
work then it can affect the growth of health of the
individual.
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FISHBONE MODEL
Complex problem can arise due to
various reasons with the helps of
fishbone model managers can identify
the imperfection which is taking place in
the business so that they can strategies
can be planned to overcome from it. This
model helps in improving the overall
services of the business so that proper
management can take place in the
business. it also helps in reducing the
workload from the employees by giving
them the proper direction.
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SWOT ANALYSIS
There are different internal factors which can affect the performance of
the employees which should observed by the managers.
Strength: If the organisation will provide proper training to the
employees then it will helps in motivating the employees towards the
services of the business.
Weakness: Unhealthy working environment create various issues in
the business due to hich employees are not able to perform in the
business effectively.
Opportunities: Promoting the employees to another level help in
developing the career growth of the individual which helps in
influencing the other employees towards the services of the company.
Threat: There are various macro environmental factors which affect
the performance of the employees like changing demand of the
customers will increase a work pressure on the employees.
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PESTLE ANALYSIS
Political factors: There are various laws which can be differ
from nation to nation due to the politically stability employees
cannot be able to work effectively many employees are
replaced with the other employees due to this factors
Economic factors: If the unemployment rate will get increased
in the economy then employees have to work with the same
organization even if the they are not satisfied with the job.
Social factors: As demand for the goods and services are
changing in the market due to which company forces their
employees to work for more hours to improve the services of
the business.
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CONTINUE.
Technological factors: use of advance technologies helps
in reducing the workload of the employees in the business
due to which employees also does not tired and continue to
perform.
Legal factors: There are various laws due to which
employees can take actions against the business regarding
any unethical issues which are taking place in the place.
For example employement law
Environmental factors: If the employees will get safe and
healthy surrounding then it will help in increasing the
performance of the employees in the business because
unhealthy environment can affect the health of the
employees.
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PMI DECISION MAKING TOOL
With the helps of this tools company
can identify the plus, minus and
interesting point of the business so
that they can take action accordingly
it helps in observing the overall
situation of the business so that better
decision making can take place every
organisation has its plus points, minus
point and interesting points which
signifies the growth of the business in
the marketplace.
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GRIT ANALYSIS
With the help of grit analysis
company achieve its long
term objectives. It helps in
motivating the individuals
towards the future goals so
that they can work more
effectively. Positive behavior
of the person helps in
making its focus towards the
goals which they want to
achieve.
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CONCLUSION
As per the above analysis it has been analyzed that job
dissatisfaction can affect the performance of the
employees due to which company cannot be able to gain
competitive advantage in the marketplace. there are
various issues which is discussed regarding the job
dissatisfaction which should be resolved by planning
effective strategies so that profit of the business can be
increased in the marketplace.
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