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Post by account_disabled on Dec 25, 2023 6:16:54 GMT
It is important that managers are aware of compe***ors' activities and be able to adjust strategies based on current market conditions. Adapting to changing market conditions allows an organization to become more compe***ive and ensure its stability in the market. . Decision-making ability Another important characteristic that modern managers should possess is decision-making ability. Decision-making is a key element of every manager's job because the decisions he makes C Level Contact List affect the results and future of the organization. Quick Decisions Modern managers must be able to make decisions quickly because time is one of the most precious resources today. Managers must be able to prioritize and allocate time skillfully between different tasks. for an organization to operate efficiently and effectively. A proper risk assessment manager should be able to correctly assess the risks associated with decisions. Introducing new solutions or making strategic decisions always involves some risk. Modern managers must be able to assess the risks associated with making a particular decision and be able to choose a solution that minimizes the risk to the organization. Ability to Select the Best Solution Modern managers must be able to select the best solution for the organization. He must be able to consider all aspects of decisions such as cost, efficiency, availability of resources and impact on employees and customers.
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