ASSOCIATION OF INTUTION AND UNCERTAINTY WHILE DECISION-MAKING

Standard

 

 

In the field of management, many decisions are to be taken at short notice, even though they may have far reaching effects subsequently. As a matter of fact, the decisions should be based on data, reports, results of surveys and logical analysis thereof. There are some mathematical/statistical techniques available. Some top management personnel make use of these techniques. But still many use their intuition. Based on his experience, the top person has a feeling about the whole problem and its consequences, which helps him to take a decision, either way. This is a quick method for taking decisions and many persons prefer it. Some of the top persons may even get the decision corroborated by some sort of study for that problem, based on which they may allow earlier decision to continue or to even modify it. This saves lot of time for achieving progress. The success of taking such decision making is based on the confidence of the top management. The mind of the top management should be in a balanced and stable condition, so that even with multifarious, difficult and varying situations, the scenario can be visualized rightly. No doubt there is uncertainty associated with intuition. For that matter, uncertainty in some manner is always associated with many things and events. If we are free of stress or at least having reduced stresses, we are more likely to see the correct path and our decisions are likely to be right in the long run. Best way is logical analysis. The latter sometimes causes diversion due to information overload. A combination of the two is the next best solution. If accuracy of past decisions, based on intuition is good, it is advisable to go ahead similarly and in the bargain, continue to build up the confidence to help in taking decisions in future, in similar or newer situations.

                                                                              ———–vijaiksharma

 

 

 

Advertisements

About vijaiksharma

OVERALL BRIEF PROFILE: An engineer cum management professional from Jaipur, India. Has been active as freelance writer, reviewer, trainer, examiner and translator. Has interests in Management, Quality, Meditation and Yoga. Has jointly written 6 books, besides about 185 articles, book-reviews, case studies, interviews and translations etc. published in foreign in Indian publications & 24 radio talks broad cast on All India Radio. A book-reviewer, an abstract writer and one of the “Writers of the month” for Jan 2007 on www.shvoong.com. Has won President of India award in 1968, Fellowship award in 1992 and H K Firodia award in 1996, Colvin Medal in 1957, besides other appreciation letters. Has been abroad 6 times to USA, Europe, Bulgaria and Egypt. Also writes blogs with following links www.vijaiksharmaspeaks.blogspot.in, www.vijaiksharma.webs.com, www.sthavir.blogspot.in,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s