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Showing posts with label brainstorming. Show all posts
Showing posts with label brainstorming. Show all posts

Wednesday, May 24, 2017

TECHNIQUES OF DECISION MAKING

In the models of decisionmaking, you must have observed that any systematic approach to decision making starts with a proper definition of the problem. You will often experience that a problem well defined is a problem half-solved because the proper definition helped you to search at relevant place for promising alternatives. You would also agree that a "fair" approach to decision-making demands that parameters (for judging alternatives which are sometimes referred to as "criteria", "level of aspiration", "decision rules", etc.) should be explicitly developed before the alternatives are generated and not after. This imperative minimises the chances of unnecessary compromise which is the hall-mark of a low-quality decision. However, once you have developed the criteria, keep them aside and forget about them at the time of generation of the alternatives. This dissociation of criteria from the alternative-generation phase will improve your chance of coming up with a reasonably sufficient number of alternatives. You will understand the importance of generating a "reasonable" number of alternatives by the simple realisation that the quality of a decision can be no better than the quality of the alternatives that you identify.

Identification of Alternatives

Generation of a reasonable number of good alternatives is usually no problem. Occasionally, however, developing a variety of good alternatives can be a complex matter requiring creativity, thought, and study. Three means for generating alternatives are particularly well-known. These are brainstorming, synectics, and nominal grouping.

Brainstorming: Developed by Alex F. Osborn, brainstorming is the oldest and best known technique for stimulating creative thinking. It involves the use of a group whose members is presented with a problem and is asked to develop as many potential solutions as possible. Members of the group may all be employees of the same firm or outside experts in a particular field. Brainstorming is based on the premise that when people interact in a free and uninhibited atmosphere they will, generates creative ideas. That is, as one person generates an idea it serves to stimulate the thinking of others. This interchange of ideas is supposedly contagious and creates an atmosphere of free discussion and spontaneous thinking. The objective is to produce as many ideas as possible in keeping with the belief that the larger the number of ideas produced, the greater the probability of identifying an acceptable solution.

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Saturday, December 12, 2015

TECHNOLOGY FORECASTING

Technological forecast is a prediction of the future characteristics of useful machines, 'products, processes, procedures or techniques. There are two important points implied in this statement, viz.:

a) A technological forecast deals with certain characteristics such as levels of technical performance (e.g., technical specifications including energy efficiency, emission levels, speed, power, safety, temperature, etc.), rate of technological advances (introduction of paperless office, picture phone, new materials, costs, etc.). The forecaster need not state how these characteristics will be achieved. His forecast may even predict characteristics which are beyond the present means of performing some of these functions. However, it is not within his scope to suggest how these limitations will be overcome. Find the pefect HR software vendor. 
b) Technological forecasting also deals with useful machines, procedures, or techniques. In particular, this is intended to exclude from the domain of technological forecasting those items intended for pleasure or amusement since they depend more on personal fads, foibles or tastes rather than on technological capability. Such items do not seem to be capable of rational prediction and thus the technology forecaster generally does not concern himself/herself with them.


Table-1 : Technology Forecasting Methods and Techniques 

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Thursday, November 26, 2009

Factors of Change

Discuss major factors which are responsible for change in an organization ? how the successful organisation maintained their success ?

Ans: In the last two decades there has been a change in organizations for some very good, mutually supporting reasons and the one needs to find ways of managing, suited to specific, strategic circumstances.

What are successful organization ? in the business world, they have three characteristics:

• They are more profitable than their counterparts,
• They are growing faster than their competitors, and
• They are recognized as leader of at least some part of industries.


Most important of all, is there any reason to hope for a renaissance of management that can create a better world ? This is question where the rule and not the exception, is successful organizations run by happy people; where the goals of organizations inspire passion and not problems, where leaders coach and counsel rather than command and control; and where we know hoe to sustain these characteristics in the face of intensive competition and wrenching change, so that future generations do not have to repeat the pain and suffering being experienced throughout the world or organization today.  dashdeal.com dealdashtips

There are reasons why we live in difficult times, that there is a discipline – grand strategy – to bring it about. Grand strategy is therefore about the transformation of the management itself. Its purpose is to find a superior way of managing the ultimate competitive advantage.

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