Decision Types and Management Level
Here are some facts about relation of decision types and manegement level.
Source: http://web.efzg.hr/dok//OIM/dtipuric//2
Higher management level higher time horizon of decisions will be. Senior management uses lot of experience and unstructured knowledge in combination with company key performance indicators to make strategic decisions. Mid management uses combination of unstructured and structured knowledge to solve problems while low management has least possibilities, smallest range of possible actions. Their tasks are highly in routines.
Related posts, articles and documents:
- Problem types and management decision levels
- Scope of Management Functions
- Controlling in Management Functions
- Knowledge Management and Business Intelligence
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