Abstract
Decision-making is one of the most important functions of deciders in any kind of organization public or private. Decision-making activities a complex process that must be understood completely before it can be practiced effectively. It is necessary the decision making to follow the necessary producers and make the right choice using the right tool that fits the particular solution to avoid the consequences of a bad decision. The main purpose of the study was to assess the current processes of decision making in the Nigerian public sector in light of decision making principles and theories.
Organizations should alleviate their weaknesses by applying clear and scientific principles regarding decision making practices. Thus, the study of decision-making practices remains very important and much more empirical research is required before any perfect conclusion.
INTRODUCTION
1.1 Background of the Study
Decision making is key function of management and an essential task for the effectiveness of employees and organization performance. It is a primary function of organizational management. Without decisions, actions and resources are not be possible and put to use respectively. A manager’s major job is sound/rational decision-making. They take about hundreds of decisions consciously and subconsciously. A decision may be defined as “a course of action which is consciously chosen from among a set of alternatives to achieve a desired result.” It represents a well balanced judgment and commitment to action (Fayol, 1916).
Deciders have to take quick and correct decisions while discharging their duties. Correct decisions provide opportunities of organizational growth while wrong decisions lead to loss and instability for the organization. Any organization requires accurate, reliable and robust decision making because it touches on all the lives of employees in the organization and the performance of the organization for the achievement of its goals (George, 2013),
In order to sustain in today’s competitive organization dynamic environment, organizations are being forced to go through considerable transformation in their decision making practices and be able to investigate challenges that have the negative impact on the performance of the organization. Good decision making and timely responding to challenges in implementing decision practices are the basis of successful business operations. Daily decisions, right or wrong, have a tremendous impact in the performance of organization (Harvard Business Essentials series, 2011).
