Quality Decision Management -The Heart of Effective Futures-Oriented Management

The effectiveness of management of any type of organization depends largely on the effectiveness of the decisions made at the various levels of the organization, their timeliness, resourcefulness and efficiency.

New developments in information technology offer opportunities for greatly improving the decision making and as a result operational processes at all levels of an organization.

New real time information management systems permit delegation of many decision management functions to the lowest competent level in an organization and thereby not only eliminate the need for some middle management or intermediate functions, but also assure much more responsive and informed operational management.

Autorentext

Ernst G. Frankel has a B.Sc. and M.Sc. in Mechanical Engineering, Ph.D. in Transport Economics, an MBA in Systems Management, and a DBA in Operations Research. He has been a member of the MIT engineering and management faculty from 1962 to his retirement in 1996. He has extensive management experience and served as Technical Director of Litton Industries, Director of Engineering of Sealand Corp., Operations Advisor for the Port of Singapore, Advisory Board member of the Panama Canal Authority, director of several major shipping and logistics companies, Chairman of American President Lines, Director of Operations of Pascagoula Shipyards, Advisor to Hyundai Heavy Industries (Korea), Advisor to Mitsui Shipbuilding and Engineering (Japan), and numerous other industrial firms. He has published 18 books and over 240 refereed journal articles or papers.

Zusammenfassung
Over the years I have worked with or consulted for many managers throughout the world at all levels of industry and government. I have seen who succeeded, achieved goals, and made progress, and who failed or crashed. I have studied their methods of operation and their decision-making approach, as well as the range of people involved in the decision-making. I similarly personally managed large industrial and service organizations and their operations, and found that to succeed and have a content team of collaborators, decision-making had to be joint and delegated to the lowest competent and informed level. Using this approach not only improved the performance of the organization or firm, but also resulted in a more content, professional, cooperative, happy, and competent workforce. In general, people like to assume responsibility, particularly of functions with which they are intimately familiar. They enjoy the role of de- sion-maker and the use of their knowledge and experience in guiding their and related work. Delegation of decision-making not only infuses pride and conte- ment but also assures more informed, timely, and effective implementation of de- sions. It also adds to worker training and education as workers inquire, develop information and use of their own experience in improving their decision-making. Worker pride and feeling of control and involvement lead to contentment and s- isfaction which, in return, pays dividends in worker productivity, morale, retention, and resulting low turnover.

Inhalt
Organizing for Effective Management in the Post Industrial Age.- Deciding Among Chaos.- Decision Dynamics.- Organizational Effectiveness and Performance.- Organizational Control Systems.- Decision-Based Management.- Implementing Decision-Based Management.- Decision-Based Management and Management Information System.- Future Management Challenges.- Planning and Using a Decision-Based Management Approach.- Conclusions.