Decision-Making, Corporate Social Responsibility, and Greiner’s Organisational Growth Model

ORGANIZATIONAL MANAGEMENTby (Name)
Class (Course)Professor (Tutor)School (University)City and State Date
Question 1
Decision-making is the process of making a choice between two or more options after evaluating the pros and cons of various choices. According to Ejimabo (2015), decision-making is the process of responding to a problem by looking for and selecting a valuable solution for organizational stakeholders. Ejimabo’s (2015) definition was simplified by Fast & Joshi (2014) who defined decision-making as the process of identifying and solving organizational problems. Every organization needs good-decision making to achieve desired outcomes. It is the fundamental activity of the management and all levels of organizational structure (Ferrell & Fraedrich, 2021). The quality of the decisions and how they are made highly depends on the management. Decisions reflect the management’s success and failure.
The decisions made also determine the rise of decline of the organization. Quality decisions, when executed appropriately, enables the organization to realign and reposition to better fit in the environment where it operates (Flores-Garcia et al., 2021). Accordingly, successful decision-making allows the organization to maintain a competitive position, survive threats and challenges, align internal operations with external environment, and remain productive in the industry (Kourdi, 2015). Conversely, poorly made decisions can cause speedy business failure, large economic losses, and corporate embarrassment. Since good decisions are effective for corporate health and success, every organization must strive to ensure its leaders are excellent decision-makers.
Decision-making is important because it leads to better utilization of resources. The best and maximum use of physical and human production resources significantly relies on the effectiveness of the decision-making (Sniazhko, 2019). If the decisions are useful and practical, it would be quite easier to maximum exploration of the resources and reduce the leakages. In other words, good decisions enables managers to utilize the available resources such as time, money, assets, and personnel appropriately to reduce waste and maximize outcomes (Sinnaiah et al., 2023). However, poor decision-making leads to wastage of resources, inducing higher costs for a project.
Decision-making also promotes business growth. Good decision-making saves the organization huge amounts of money and time (Rouhani et al.,2016). This leads to more efficient work processes from the team. Ineffective decision-making wastes a lot of time and saps employee motivation. The more the organization saves time and money by making correct decisions, the more opportunities for growth (Lehnert et al., 2015). Quick and correct decisions can also result in effective utilization of resources and help the organization to achieve its objectives. All these benefits result in business growth. Nonetheless, ill-informed business decisions can result in detrimental challenges that can stunt organizational growth. Wrong, slow decisions can cause losses and industrial sickness.
Another benefit of decision-making is that it enables the organization to achieve business goals and objectives. Rational decisions are made after evaluating all the alternatives and considering the best option. They enable managers to align their actions with their goals and ensure the team is moving in the right track (Ferrell & Fraedrich, 2021). Through proper decision-making, the organization can focus on the set goals and objectives. While keeping the vison in mind, strong decision-making skills help leaders analyze the organization and define achievable targets (Fast & Joshi, 2014). This will ensure that the organization is in the right direction and that its target destinations are not just dead ends.
Additionally, good decisions increase efficiency and productivity. Effective decision making enables organization to streamline processes and increase efficiency within their team. By making effective decisions on resource allocation and problem-solving, leaders can reduce waste and improve business outcomes, increasing efficiency (Ejimabo, 2015). Efficiency is also enhanced through communication. Rational decisions help improve communication within the team. By involving employees and stakeholders in decision-making processes, organizational leaders can ensure everyone is onboard and working towards a common goal.
Effective communication within the team promotes collaboration and understanding, resulting in smooth business operations, hence increased productivity. It also motivates employees, who will work with assurance that the organization values their efforts (Schwartz, 2016). As a result, the organization will attract and retain top talents, increasing the organization’s productivity. Ineffective decisions frustrate the employees, leading to inefficiency and low productivity due to employee dissatisfaction and high turnover (Fast & Joshi, 2014). Employees working in environments where leaders are not good decision-makers may feel unvalued and demotivated. These feelings impact the organization negatively.
Effective decision-making also facilitates innovation. Rational decisions help to develop new ideas, products and processes (Hill et al., 2021). This leads to innovation, giving the company a competitive edge. For instance, management can make decisions about investing in digital tools that can produce the breakthrough operational processes and help the organization stay competitive. Such decisions can drive innovation as the organization will be motivated to accept new ideas and workforce compatible with the plan (Flores-Garcia et al., 2021). Wrong decisions may prevent the organization from innovating. As a result, the company may remain stagnant for a long time. A company that does not invest in innovative activities have zero chances of growth. Therefore, effective decisions is the framework for innovation and competitiveness in the organization.
Finally, decision-making motivates employees. Effective decision-making improves employee satisfaction and motivation. Managers who make fair and rational decisions demonstrate respect for employees and create a positive work environment (Lehnert et al., 2015). This can increase performance and productivity enabling the organization to retain top talent. Involving employees in decision-making also enables them gain a professional and personal stake in the company and its success (Sniazhko, 2019). It assures them that their efforts are valued, enabling them to remain committed to the organization. This commitment increases productivity as workers actively participate in company activities. Without good decision-making, the employees will remain demotivated and non-committal to their duties, subjecting the organization to low productivity.
Question 3
Organizational growth is a stage of business expansion. It is also a change in organization’s size measured by the organization’s revenue, number of employees, net assets, sales volume and output (Kegan & Lahey, 2016). This stage is often associated with increased productivity and profitability. Organizations at this stage may look for additional options to generate more revenue to facilitate their operations. The following factors enhance an organization’s growth: customer loyalty, innovation, effective leadership, employee satisfaction, and social responsibility (Mohrman, 2017)...