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Assumptions and Decision Making

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Unit 2 IP MAKING IMPORTANT DECISIONS AS A SENIOR MANAGER
Carol Leader
AIU Online

Abstract
Formulating sound choices requires a logical approach. Using an organized approach as a senior manager to create a constructive environment, having a backup plan in place, and being able to go with the alternate plan, quickly in the event plan A is not a workable one or flaws have been discovered. Senior managers need to know what the right course of action to take, how and when to communicate a decision the approaches to carry out the plan.

As a front line senior manager it is important to have an understanding of the effects of good decision making learning from past experiences and the reactions of the company’s CEO, CIOs, stakeholders and other upper management personnel. It is equally important to know subordinate team members that will be carrying the tasks to make the project successful. The front line manager is able to analyze the effect of decisions in specific situations and make necessary adjustments in terms of productivity of the team members.
Assumptions
Taking something for granted is an assumption. An assumption can be a statement this presumed to be true, but does not have concrete evidence to support it. Assumptions can be very dangerous with research to support critical thinking. Assumptions enable companies to plan and make decisions in uncertain situations. Basically assumptions are wishful thinking. Traditional business forecasting is based on the belief leaders are able to generalize potential outcomes from previous occurrence, in other words “cause and effect” or “what if.” However, this may not be the case for a new business to plan and make decisions.
Making Assumptions in specific areas of decision making
Work ethics is closely related to good decision making which are reflected in the outcomes of decisions. Good work ethics…...

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