Agile methods often improve decision efficiency. Which of the following is the b
ID: 449046 • Letter: A
Question
Agile methods often improve decision efficiency. Which of the following is the best description of decision efficiency? Select one and explain why
a. Spending less time and effort on our decisions so we can focus more on actual delivery.
b. Making decisions as quickly as possible with the fewest people involved.
c. Making the best decisions by using the best people and the most current information at the most appropriate time.
d. Making decisions only once so we avoid wastage on re-evaluating them.
Explanation / Answer
The correct option is (c) - Making the best decisions by using the best people and the most current information at the most appropriate time.
Organization refers to group of individuals. If we say an organization is doing well, it refers to the individuals who are striving hard to achieve the organizational goals. The resources in the organization are categorized into physical (Plant and machinery), financial (cash) and human resources (individual employees). All the resources should be effectively utilized for the achievement of group goals.
Businesses work in an unknown environment. Thus, forecasting should be based on realistic and current information such that the path for goal is set accurately. Once goal is set, the next step is top arrange for the best resources such that they yield effective results.
Right people at the right place and at the right time provide the best results. Manager should take utmost care in selecting the right people (skills, knowledge, and attitude towards work). Efficient resources certainly yield efficient decision making – efficient results.