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What are the best strategies for making business decisions that impact multiple departments?

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Making business decisions that affect multiple departments can be challenging and complex. You need to consider the goals, perspectives, and needs of different stakeholders, as well as the potential risks and benefits of your choices. How can you make informed and effective decisions that align with your overall strategy and vision? Here are some best practices to follow.

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Mohammad Taleghani

Associate professor of Industrial Management Department, Rasht Branch, Islamic Azad University(IAU) , Rasht, Iran
??Peter Fissenewert??

Legal Expert RiskManagement and Compliance - Partner BUSE

1 Identify the problem and the objective

Before you dive into the decision-making process, you need to clearly define the problem you are trying to solve and the objective you are aiming for. What is the current situation and what is the desired outcome? What are the main challenges and opportunities? How does this problem relate to your overall business goals and values? By answering these questions, you can narrow down the scope and criteria of your decision and communicate them to your team and other departments.

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Mohammad Taleghani

Associate professor of Industrial Management Department, Rasht Branch, Islamic Azad University(IAU) , Rasht, Iran
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Skills for making good decisions include understanding the problem, brainstorming solutions, evaluating different options, and communicating with others who are affected by the decision.

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??Peter Fissenewert??

Legal Expert RiskManagement and Compliance - Partner BUSE
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Die Identifizierung eines Problems und die Festlegung eines klaren Ziels sind entscheidende Schritte bei der Gesch?ftsentscheidungsfindung. Hier sind einige Schritte, um dabei vorzugehen: 1. Problemerkennung mit Analyse der aktuellen Situation, 2. Problembeschreibung mit Konktetisierung des Problems, 3. Zielformulierung und - SMART-Ziele setzen. 4. Zielkl?rung und Kommunikation Durch diesen strukturierten Ansatz k?nnen Unternehmen Probleme identifizieren, klare Ziele setzen und effektive Strategien entwickeln, um diese Ziele zu erreichen.

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2 Gather relevant data and information

To make a sound decision, you need to base it on facts and evidence, not on assumptions or opinions. You need to gather relevant data and information from various sources, such as reports, surveys, feedback, or analytics. You also need to consult with the experts and key stakeholders from different departments who have the knowledge and experience to provide insights and recommendations. You should seek diverse and balanced perspectives and avoid confirmation bias or groupthink.

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??Peter Fissenewert??

Legal Expert RiskManagement and Compliance - Partner BUSE
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Relevante Daten und Informationen werden durch interne Quellen wie Unternehmensberichte und Mitarbeiterumfragen sowie externe Quellen wie Marktanalysen und Kundenfeedback gesammelt. Prim?rforschung mittels Umfragen und Interviews sowie Sekund?rforschung aus ?ffentlichen Quellen sind ebenso wichtig. Technologische L?sungen wie CRM-Systeme und Social-Media-Monitoring unterstützen die Datenerhebung. Benchmarking und Partnerschaften bieten zus?tzliche Einblicke. Durch die Kombination dieser Methoden k?nnen Unternehmen relevante Daten und Informationen sammeln, die als Grundlage für fundierte Entscheidungen und Strategien dienen. Wichtig ist dabei eine systematische und strukturierte Vorgehensweise.

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3 Evaluate the alternatives and trade-offs

Once you have collected enough data and information, you need to analyze and compare the different alternatives and trade-offs. You can use various tools and methods, such as SWOT analysis, cost-benefit analysis, decision matrix, or scenario planning, to weigh the pros and cons of each option and assess their feasibility and impact. You should also consider the short-term and long-term implications, as well as the risks and uncertainties, of your decision.

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4 Make the decision and communicate it

After you have evaluated the alternatives and trade-offs, you need to make the final decision and communicate it to your team and other departments. You should explain the rationale and evidence behind your decision, as well as the expected outcomes and benefits. You should also address any concerns or objections and solicit feedback and support. You should be transparent and respectful in your communication and acknowledge the contributions and perspectives of others.

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??Peter Fissenewert??

Legal Expert RiskManagement and Compliance - Partner BUSE
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Entscheidungen werden nach einer strukturierten Analyse getroffen und umfassen Problemidentifikation, Datensammlung, Optionenbewertung, Entscheidungsfindung, Umsetzung und Monitoring. Die Kommunikation erfolgt durch klare Mitteilung der Entscheidung, Erkl?rung der Gründe, Einbeziehung der Betroffenen, kontinuierliche Updates und Feedback-Einholung.

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5 Implement and monitor the decision

Making the decision is not the end of the process. You need to implement and monitor the decision and track its progress and results. You need to assign roles and responsibilities, set timelines and milestones, and allocate resources and budget. You also need to establish metrics and indicators to measure the performance and impact of your decision. You should communicate regularly with your team and other departments and report on the achievements and challenges.

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??Peter Fissenewert??

Legal Expert RiskManagement and Compliance - Partner BUSE
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Um eine Entscheidung erfolgreich umzusetzen und zu überwachen, ist ein strukturierter Ansatz entscheidend. Dies beinhaltet die Entwicklung eines klaren Umsetzungsplans, Kommunikation der Ziele und Schulung der Beteiligten, Bereitstellung von Ressourcen, konsequentes Ergreifen von Ma?nahmen, Risikomanagement, kontinuierliches Feedback und Anpassung, regelm??ige überwachung des Fortschritts, transparente Berichterstattung, Erfolgsmessung und kontinuierliche Verbesserung.

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6 Review and learn from the decision

The final step of the decision-making process is to review and learn from the decision. You need to evaluate the outcomes and impact of your decision and compare them with the expected results and objectives. You need to identify what worked well and what did not, what were the strengths and weaknesses, and what were the lessons learned. You should also solicit feedback and suggestions from your team and other departments and recognize their efforts and achievements.

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Juan Manuel Pérez Martín

Sin parar de prepararme para cambiar el ?? | Sostenibilidad y medio ambiente | Gestión y coordinación de proyectos y gestión empresarial
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Una vez detectados los problemas y realizando o implantado soluciones, hay que revisar y vovler a empezar el proceso. En el caso de que no se han cumplido los objetivos propuestos, hay que revisar el proceso y los objetivos e intentar readaptarlos para conseguir lo que queremos. Es clave, siempre, que aunque se cumplan los objetivos, siempre se creen indicadores para mantener ese control e intentar que no se vuelvan a producir fallos o problemas relacionados con el mismo factor

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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??Peter Fissenewert??

Legal Expert RiskManagement and Compliance - Partner BUSE
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Zus?tzlich zu den genannten Schritten sollten bei der Umsetzung und überwachung von Entscheidungen folgende Aspekte beachtet werden: Berücksichtigung der Unternehmenskultur und Implementierung von Change-Management-Strategien, starke Führung und Motivation der Mitarbeiter, Flexibilit?t bei der Anpassung des Plans, F?rderung von Teamwork und Zusammenarbeit, Aufbau einer offenen Kommunikation und Feedback-Kultur, Nutzung von Technologie zur Unterstützung, F?rderung einer Lernorientierung und Fehlerkultur sowie Einbindung der Kundenbedürfnisse. Diese Aspekte tragen dazu bei, dass Entscheidungen effektiv umgesetzt und langfristig erfolgreich sind.

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What are the best strategies for making business decisions that impact multiple departments?

1

2

3

4

5

6

7

1 Identify the problem and the objective

2 Gather relevant data and information

3 Evaluate the alternatives and trade-offs

4 Make the decision and communicate it

5 Implement and monitor the decision

6 Review and learn from the decision

7 Here’s what else to consider

Business Management

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What are the best strategies for making business decisions that impact multiple departments?

1

2

3

4

5

6

7

1 Identify the problem and the objective

2 Gather relevant data and information

3 Evaluate the alternatives and trade-offs

4 Make the decision and communicate it

5 Implement and monitor the decision

6 Review and learn from the decision

7 Here’s what else to consider

Business Management

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