Managers Developing Analytical Skills

In the problem analysis phase of effective decision making, group members should recognize any obstacle that may arise that needs to be improved or changed and determine the characteristics, magnitude, and possible cause(s) of that obstacle confronting them. This phase lays the groundwork for what the group should be prepared for as they work together (Hirokawa & Salazar, 1999 p. 170).After analyzing the problem, the group should then discuss and establish goals and objectives in order to generate proposed solutions of

The decision making process can also be divided into seven steps, where the first step will basically involve defining the problem. These steps allow for the main issue to be identified, and therefore the manager should make sure that it has been done correctly. After the problem identification stage, we can move forward and identify the limiting factors, and in this the manager should make use of all resources available to do it the best way. Some of the resources include information, time, personnel, equipment and supplies. Using this, managers can be able to identify the factors that might hinder them from achieving their goals.

This case study is talking about a small city has one company named Staircase Production Company (SPC). The company focuses on quality and responses customer demand, nevertheless their problem in operations as a result, high costs and late deliveries. Until, Dean Hammond became to a new general manager that wanted to improve the operation in the correct way. Dean pointed out the

Having support will make you calmer in your decisions and with people around you who each have different thought patterns usually if you can’t think of a solution then someone else will. Think of it as combining several minds to complete a task and by combining minds you combine the strengths and differences of each individual thus improving the speed and outcome of any task.

Analytical Reasoning/Attention to Detail: Christina analytical skills and problem solving skills met the quality assurance standards for the unit. She utilizes available methodologies and resource to remain alert to details that are easily overlooked and verifies all entries for accuracy prior to saving and/or submitting her work.

To fully understand why the organization wasn’t heading down the path to success many different tools were used to help analyze the situations. Models such as the service profit

Group members with an analytical style are described as quiet, logical and reserved (Griffith, & Dunham, 2015). The analytical appear distant from others and may not communicate with them unless there is a particular need to do so. They are industrious and detail oriented, the analytical style needs to be right (Griffith, & Dunham, 2015).

This analytical method is useful in eliminating those possible outcomes or hypothesis that our biases have accepted to be true.2 This method explain the logic behind various hypotheses and can expose faulty or false information or reality’s. It helps the analysts understand the key factors of an issue and activate their critical thinking skills in regards to the issue.2

First, under this step managers must recognize that a decision is needed and identify the problem to be solved. A problem is typically a difference between the actual situation and what is desired. However, managers often act without understanding the problem to be solved or define the problem in terms of a proposed solution or in terms of its symptoms. For example, in response to employee complaints about salaries being too low (a symptom), managers might define the problem as a comparison of salaries to industry averages (SagePub, 2008). However, the true problem could be that the total compensation package, including benefits, does not suit the demographic characteristics of the firm’s employees.

Analytical skills – as an auditor you must identify the problem issues and offer solutions

Thinking critically and making decisions are important parts of today’s business environment. It is important to understand how the decision making process works and the steps involved. The nine steps of the decision making process are: identifying the problem, defining criteria, setting goals and objectives, evaluating the effect of the problem, identifying the causes of the problem, framing alternatives, evaluating impacts of the alternatives, making the decision, implementing the decision, and measuring the impacts. (Decision, 2007.) By using various methods and tools to assist in making important business decisions an individual can ensure the decisions they make will be as successful as possible. In this paper it

Another contemporary approach that emphasizes the application of quantitative analysis to managerial decisions and problems are called quantitative management. It is also relevant to the internal environment, competitive, and macro-environment, because it uses data from all environment for analysis.

Each approach gives an understanding of the change that has impacted the company. Understanding gained from the study opened a new interpretation of the company. The new interpretation reveals effective work that can be capitalized on the strengths of the company and to expand and develop existing practices already in place. This approach will minimize the problems.

Analytical tools that are advanced and more complex to understand usually require the person analyzing the information to have a specialization with these skills. However, there are many different interactive tools and software that “enable almost any business user to become an analyst and identify trends on the fly.” (Lampitt Online) These are helping companies to save money from hiring analysts and have many employees making sense of the data they are collecting. EBay has used software and techniques to have an analytical culture among their employees.

Day today management is clearly defined by F.W. Taylor, Henry Fayol, Ma Weber, and others in classical management. No organisation can just have one type of management all through the organisation like operation can be scientific management and task oriented leadership. Marketing can be administrative and with action centred leadership. The overall leadership should be the same has the ethos of the organisation overall. . Current theories and models of leadership explain the influence of position upon the satisfaction and performance