Principles of Management: Planning and Decision Making
In this free online course on Management Principles, learn to plan and make effective decisions by using best practices.Publisher: NPTEL
CertificationView course modules
This free online course on the Principles of Management: Planning and Decision Making, is a valuable course that aims to introduce you to the topics of planning and decision making. When you consider what management is, planning and decision-making are essential management skills to develop. Every management function involves decision-making of one kind or another at every level.
Next, you will learn that the quality of a manager’s decision-making skills are scrutinized by all stakeholders, whether they are pleased with the decision or not. This course outlines the pros and cons of decision making in groups and individually. It teaches you how to reduce biases when making decisions and how emotions can play a vital role in the decision-making process.
Finally, the course outlines how managers make plans that are beneficial to the present and future goals of an organisation. Learners taking this course will gain a better understanding of the different types of planning that businesses use to make strategic decisions. You will learn effective decision-making skills, which will make you better prepared to face challenges. If you are considering a supervisory or management role and are ready for this new and exciting career milestone, why wait? Start this course today!Start Course Now
Management Planning Process
Management Planning Process Learning Outcomes
Concept, Types, Importance and Process of Planning
Characteristics, Nature & Scope and Principles of Planning
Traditional Objective Setting and Methods of Planning
Strategic Management and Planning
Premising and Forecasting of Planning
Management Planning Process - Lesson Summary
Decision Making in Management
Decision Making in Management - Learning Outcomes
Concept, Types, Importance and Process of Decision Making
Different Models of Decision Making
Decision Making Styles and Cognitive Biases in Decision Making
Barriers of Effective Decision Making
Group Decision Making
Decision Making in Management - Lesson Summary
On successful completion of this course, you will be able to :
- Summarize the barriers to Traditional Objective Setting.
- Indicate some of the conditions that Influence Decision Making.
- Discuss Simon's Model of Decision Making.
- State the different Decision-Making Styles.
- Identify the biases in decision making.
- Indicate the different strategies available to improve group decision-making skills.
- Explain how decisions are made at the individual and group levels.
- Indicate how an organization's culture can influence management decisions.
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