Question

In: Operations Management

How is the core value of excellence involved in decision making? I have to come up...

How is the core value of excellence involved in decision making? I have to come up with 250 words.

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Expert Solution

Decision Making:

Decision making is a process of arriving rational solution to a problem. It is commonly choosing among the best possible options.

The core value of excellence involved in decision making is explained below:

1. Excellence can be defined as greatness and work for a person believes in bring out the best quality out of it.

2. Values of excellence can be persistence, commitment, integrity etc.

3. While making a decision all of the above said factors of excellence are needed for it to be an effective solution to a problem.

4. In general a principles and core value are fairness, trustworthy, respect and responsibility, these principles and core values help to develop and recognize the best possible solution for any problem.

5. It also helps to be centered and confidently approach towards any problem without any concerns.

6. When principles are followed and when the ethical decision making are made then the organization may feel safe and secured and not act anything against law.

7. It forms a pattern of ethics which will in turn become the culture of the organization to make core value of excellence.


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