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The Importance of Making Managerial Decisions in Efficienct Functioning of Today’s Organizations

https://doi.org/10.21686/2413-2829-2024-2-215-222

Abstract

The article studies importance and consequences of making managerial decisions in today’s organizations. The role of executives and managers in the process of decision-making was shown and the conclusion was drawn that their adequate fulfillment is essential for successful work of the organization. The author describes goals being pursued in making managerial decisions: maximum profit, optimization of resources and strengthening positions on market. Apart from that, the author studies key objectives, which face executives in decision making, such as elaboration of strategic decisions, identifying priorities, managing risks and providing productivity and innovation.

About the Author

M. S. Tishkin
Moscow University for Industry and Finance «Synergy»
Russian Federation

Mishkail S. Tishkin, Post-Graduate Student of the Department for Management Human Resources 

G building, 80 Leningradsky Avenue, Moscow, 125315



References

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Review

For citations:


Tishkin M.S. The Importance of Making Managerial Decisions in Efficienct Functioning of Today’s Organizations. Vestnik of the Plekhanov Russian University of Economics. 2024;(2):215-222. (In Russ.) https://doi.org/10.21686/2413-2829-2024-2-215-222

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)