Executive Managers' Tools for Decision Making

Tools for Decision Making
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Executive managers use a variety of tools when making significant decisions. These executives use various means, including the information they read on a computer or listen to from others. The verbal communication could be from other senior executives or managers from the field who share their experience. To make the information valuable, executive managers need to rely on trustable resources based on the knowledge and expertise of other managers. The other tools that can eradicate any doubt or confusion are written and computer-based. Combining different tools and techniques is necessary to make strong and sound decisions. The support tools must make efficient decisions while evaluating all options closely (Leidner & Elam, 1993).
Relationship between the Tools and the Managers’ Tasks
The tools help the managers to identify the key issues and to make informed decisions. The manager needs to rely on a seven-step...