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Running head: MEMO ON DECISION-MAKING

Memo on Decision-making
Name
Course
Professor
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MEMO ON DECISION-MAKING

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To: The CEO, Mr. Aron Schwartz
From: Mendes D., the manager.
Date: 14/02/18
Re: Decision-Making

Concept of Decision-Making
This memo focuses on explaining how I understand the concept of decision-making in the new
role acquired in the company. It explores several aspects that explain the level of understanding
on decision-making which impacts the organization. The new role as a manager requires an indepth knowledge of issues and how decisions can affect the company’s operations after
implementation. Managers constantly involve themselves in making decisions that seek to solve
problems. Decision-making involves processes that evaluate problems, considers alternatives,
and makes choices.
Criteria Used
There are three fundamental decision-making criteria that managers can use in making decisions.
The first criterion is the presence of resources. Resources include organizational, mental, and
physical boundaries which allow or influence action. Resources help one get where they want to
reach. Rules and regulations form restrictive constraints (Pettigrew, 2014). Having the ability to
identify the constraints including the influential constraints are vital criteria before reaching a
conclusion. Understanding the assumptions is vital in broadening knowledge about a subject.
Managers should consider exploring more than just the supporting assumptions. They should

MEMO ON DECISION-MAKING

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also focus on the non-supporting ones too. Backup plans are a necessity even if the decision fails.
Having constrained decision-making boundaries requires consideration of redefining the
boundaries. The decision-making space is often wide.
The second criterion is the time which is often inelastic. A manager should consider what is
feasible for the quantity of effort requ...