The Impact of Management Styles on Business Decision Making: Exploring the Different Models of Decision Making Alaegbu Anastecia Nkeiru & Barisua Fortune Nwinee

The Impact of Management Styles on Business Decision Making: Exploring the Different Models of Decision Making

Author (s): 

Alaegbu Anastecia Nkeiru & Barisua Fortune Nwinee

Abstract

Decision-making is fundamentally a function of a company’s top members’ prerogative. Any success attributable to an organization depends wholly on the choice of its management styles and their grasp of administrative decisions and approaches to decision-making. Decision makers therefore, need to understand the concepts that ensure rationality and effectiveness in decisions; clarity in decision, time, work, and implementation and in follow-up evaluation needs to be taking into cognizance. Any style so adopted by management is seen to be the adhesive that binds diverse operations and functions together. It is the philosophy or set of principles by which the manager leverages on the workforce. Every organizations needs a better insight on the approach managers adopts in solving real life organization’s problems. This paper is a theoretical paper and accessed and explored related literature. The research demonstrated that there are series of management styles which influence decision making styles. Hence, the paper concluded that; management style suggestively affects the degree of decisions made by both individual employees and the management team in an organization.

Key words: Management Style, Decision making, Rational Model, Situational Management Style, Collaborative Management Style.

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Title:

The Impact of Management Styles on Business Decision Making: Exploring the Different Models of Decision Making

Author:

Alaegbu Anastecia Nkeiru & Barisua Fortune Nwinee

Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.2771707
Media: Online
Volume: 3
Issue: 3
Acceptance Date: 10/05/2019
Date of Publication: 13/05/2019
PDF URL: http://ijsab.com/wp-content/uploads/361.pdf
Free download: Available
Page: 210-229
First Page: 210
Last Page: 229
Paper Type: Research Paper
Current Status: Published

Cite This Article:

Alaegbu Anastecia Nkeiru & Barisua Fortune Nwinee (2019). The Impact of Management Styles on Business Decision Making: Exploring the Different Models of Decision Making. International Journal of Science and Business, 3(3), 210-229. doi: https://doi.org/10.5281/zenodo.2771707

Retrieved from http://ijsab.com/wp-content/uploads/361.pdf

 

About Author (s)

Alaegbu Anastecia Nkeiru (Corresponding Author), Department of Marketing, Faculty of Management Sciences, University of Port Harcourt, Rivers State, Nigeria.

Prof. Barisua Fortune Nwinee, Dean, Faculty of Management Sciences, University of  Port Harcourt, Rivers State, Nigeria.

 

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DOI: https://doi.org/10.5281/zenodo.2771707

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