scholarly journals MANAGERS’ PROPENSITY FOR PARTICIPATIVE DECISION MAKING IN BANGLADESH AND MALAYSIA: A COMPARATIVE STUDY

Author(s):  
Lt Col Md Enamul Islam ◽  
Barrister Shahrina Razzaque Juhi ◽  
Dr. Valliappan Raju

Subordinate participation in the decision-making process has been practised extensively in developed countries for a long time. Less is known about developing and least developing nations. This study assesses the propensity for participative decision making among the managers of Bangladesh and Malaysia. The hypotheses test propensity scale among the managers of both the countries and if mangers of Malaysian Industries demonstrate more propensity than Bangladeshi managers. In the process, the study assesses the similarities and differences of opinion concerning four dimensions of the participative decision-making process, i.e. organisational effectiveness, organisational culture, perceived power-sharing and mutual trust. The quantitative survey research approach found that individual differences significantly determine one’s propensity for the participative decision-making process. In an independent samples t-test, Malaysian managers have shown a more significant level propensity for participative decision making than Bangladeshi managers. The study also shows that there is a significant relationship between trust and organisational culture as two important dimensions of PDM. The results of this study arise a case for managers of both countries to question their expectations about employees and disparagingly examine whether their predispositions influence their decision-making practices. The findings may provide business leaders of both the courtiers in these contexts with an understanding of the possible adaptation of the concept of the participative decision-making process. KEYWORDS: Propensity for Participative Decision-Making Process, Productivity, Managing People at Work, Power Sharing, Bangladesh, Malaysia

Author(s):  
Lt Col Md Enamul Islam ◽  
Dr Valiappan Raju

The study intended to identify if the assumptions of the “Theory Z” serve as predictors of the manager’s propensity for participative decision making. Earlier research reports that apart from employee’s intent to join in decision-making forum, the manager’s tendency is equally essential. The seven assumptions of the “Theory Z” were assessed for finding managers penchant for participative decision making. This study follows an explanatory sequential mixed method research approach with an emphasis on quantitative results. The sample comprises managers (strategical, tactical and operational) from thirteen Bangladeshi Textile Industries. Findings suggest that Ouchi’s assertion of the assumptions of the Theory Z (leadership style, trust, and organisational culture) have reliable predictability for manager’s propensity for participative decision making. The study theoretically contributes to the managers’ propensity for participative decision-making study by assessing the assumptions of the “Theory Z”. Practically, the findings present a convincing argument for managers to challenge their employees’ perceptions continually and to analyse objectively how their bias affects their decision-making processes in the least developed countries. KEYWORDS: Theory Z, managers’ propensity for participative decision making, leadership, trust, organisational culture, Bangladesh


Author(s):  
F. J. Carstens ◽  
Neil Barnes

This study set out to investigate what role the quality of the relationship between business leaders and their employees played in the performance of their business. The study compared the business performance of forty-five area managers in one of the major listed banks in South Africa with their specific leader/employee relationship profiles. The research approach was quantitative and of a correlational nature. The results indicate that although certain elements within the relationship between business leaders and employees indeed have an influence on business performance this alone was not a sufficient condition. The study suggested that the dimensions relating to vision, trust, accountability and decision- making have the strongest influence on business performance. Further research in this area is suggested.


2020 ◽  
Vol 26 (7) ◽  
pp. 1949-1977 ◽  
Author(s):  
Sarra Dahmani ◽  
Xavier Boucher ◽  
Didier Gourc ◽  
Sophie Peillon ◽  
François Marmier

PurposeThe paper proposes an innovative systemic method helping decision-makers to control servitization transition process, through decision process risk diagnosis.Design/methodology/approachThe proposed method is based on the modeling of decision processes and risk identification and analysis. This method was based on an action-research approach, in close relationship with two companies (SMEs). The paper develops the feasibility experiment at Automelec company.FindingsThe method was successfully implemented and delivered concrete diagnosis results.Research limitations/implicationsThe generalization of the applicability of the method needs to be tested on several different cases.Practical implicationsThe first practical implication is related to the efficiency of the method to help decision-makers in a servitization context to limit uncertainty and get a global view of the weaknesses of their decision-making process, it raises their awareness about servitization transition for their companies. Furthermore, the method also helps to explain the strategy of a servitization transition. It enhances the level of maturity of the decision process of the company, and can be used as a training/learning tool for managers.Social implicationsThe results brought by the research contribute to give the decision-making boards for organization living a servitization transition and especially SMEs a better control over the servitization decision process and related risks, which will increase the economic stability of the company and its vision over long, medium and short horizons. This will bring positive impact on the overall economic and social environment and networks of the servitized SME, and enhance the confidence of coworkers, subcontractors and clients.Originality/valueThe first originality of the paper is related to the new way of considering risk, not only as an analysis criterion but as the central driver in steering a strategic transition for the company, such as servitization. The second originality of the study is about assessing risk occurrence over a decision-making process through decision reliability and decision confidence.


2017 ◽  
Vol 23 (2) ◽  
pp. 23-28
Author(s):  
Andreea Cristina Bejinariu ◽  
Paula Ganea ◽  
Mădălina Leuca ◽  
Florian Muntean

Abstract Investing is a category of spending that engages the future most, depends on increasing and improving the productive potential of an enterprise (through expansion and modernization), the emergence of new production capacities. Because it is necessary to allocate large resources for the investment process, they are for a long time and the decision making process involves a lot of uncertainties. A decision on investment projects must be based on a careful analysis of all aspects of the context, the variables involved and their dynamics.


2019 ◽  
Vol 4 (8) ◽  
pp. 121-125
Author(s):  
Nino Parsadanishvili

resent paper focuses on current crises in international trade in services negotiations from the perspective of consideration of trading interests of developing and least developed countries in line with the operational agenda of the World Trade Organization (WTO). Through the analysis of the existing international legal texts and scholarly works particular attention is paid to the different rounds of trade in services negotiations in parallel to the consideration of the results of relevant ministerial conferences of the World Trade Organization, drawing attention to the situation with regards of consideration of the interests of developing and least developed country members of the WTO. Special focus is paid to the complexity of the decision making process and it’s complication over time due to increased participation of parties concerned in the process of trade in services negotiations resulting in no progress in the overall process. Next to analyzing the challenges faced by the WTO in trade in services negotiations, especially in terms of considering the interests of developing and least developed countries, paper shows the ways that could be used during 2020 Kazakhstan Ministerial Conference of the World Trade Organization for finding solutions to simplify the decision making process and establish freer international trade in services by the way of either implying new approaches in interpreting the existing multilateral treaties that deal with trade in services between all member states of the WTO or deepening the discussions on a new plurilateral agreement helping the organization to overcome the stagnated process of trade in services negotiations and therefore ensuring the compliance with it’s own operational goals.


2016 ◽  
Vol 7 (2) ◽  
pp. 115-128
Author(s):  
Mursalim Mursalim ◽  
Mardainis Mardainis

Abstrak- Dalam pemberian kredit kepada pelanggan banyak hal perlu dipertimbangkan agar keputusan yang diambil tidak salah. Biasanya dilakukan pengumpulan beberapa persyaratan administrasi serta melakukan penilaian terhadap jaminan seperti aset yang dimiliki, nilai ekonomi dan beberapa pertimbangan lainnya, sehingga proses pengambilan keputusan butuh waktu lama. Dalam penelitian ini dibangun suatu sistem pendukung keputusan untuk menentukan pemberian kredit kepada konsumen dengan menerapkan dua metode yaitu Analytical Hierarchy Process (AHP). Kata kunci: AHP, Kredit, Suku Cadang Abstract- In granting credit to customers a lot of things need to be considered so that the decisions are not wrong. Usually done some administrative requirements gathering and assessment of collateral as assets, economic value and some other considerations, so that the decision-making process takes a long time. In this study constructed a decision support system for determining lending to consumers by applying two methods: Analytical Hierarchy Process (AHP. Keywords: AHP, Credit, Parts.


2020 ◽  
Vol 5 (1) ◽  
pp. 57-66
Author(s):  
Yeni Huriani ◽  
Nablur Rahman Annibras

The decision to work abroad is a unique dynamic for women migrant workers because they have to leave their homes for a long time. The decision is not an easy thing to do. For women in West Java, who are predominantly Muslim, leaving their homes is still a theological and cultural debate as to whether women may work outside the home. Culturally, women are "Dulang Tinande," in which they are "not as a determinant" in family life. This research uses a feminist approach to uncover the experiences of and to give women migrant workers from West Java. Research shows that these workers have three motives for choosing to work abroad: economic, Human Capital, and social. Besides, they go through four decision-making processes to become migrant workers: self-stabilization, consultation with relatives, seeking information related to employment agencies (PJTKI), and consulting with Muslim clerics to ask for prayer and safety amulets.


JURTEKSI ◽  
2017 ◽  
Vol 4 (1) ◽  
pp. 79-84
Author(s):  
Widiarti Rista Maya ◽  
Ahmad Fitri Boy

Abstract: In the decision making process of the feasibility of corn raw materials so far only see the physical raw materials tend to be subjective so that in the decision making process of the feasibilityof corn raw materials must take a long time , sometimes the decision taken is not appropriate so that this needs to be addressed again for the feasibility of corn raw materials. From the description above need to be made an auxiliary program for decision support system by using fuzzy SAW ( Simple Additive Weighting ) method in determining corn raw material that is acceptable to PT. Charoen Phokpand Indonesia. Program which will be made more to assist manager or staff in taking decision and not replace it. The results of this study are expected to assist managers or staff in making decisions for the process of assessing the feasibility of corn raw materials in PT. Charoen Phokpand Indonesia so as to improve the quality of human resources. Keywords: corn raw materials, decision support system, fuzzy saw method Abstrak: Dalam proses pengambilan keputusan kelayakan bahan baku jagung selama ini hanya melihat fisik bahan baku yang cenderung subjektif sehingga dalam proses pengambilan keputusan kelayakan bahan baku jagung harus membutuhkan waktu yang cukup lama, terkadang keputusan yang diambil tidak tepat sehingga hal ini perlu dibenahi lagi untuk proses pengambilan keputusan kelayakan bahan baku jagung. Dari uraian diatas perlu dibuat suatu program bantu untuk sistem pendukung keputusan dengan menggunakan metode fuzzy SAW (Simple Additeve Weighting) dalam menentukan bahan baku jagung yang layak diterima pada PT. Charoen Phokpand Indonesia. Program yang akan dibuat lebih bersifat untuk membantu manager atau staff dalam pengambilan keputusan dan bukan menggantikannya. Hasil dari penelitian ini diharapkan dapat membantu manager atau staff dalam mengambil keputusan untuk proses penilaian kelayakan bahan baku jagung pada PT. Charoen Phokpand Indonesia sehingga dapat meningkatkan kualitas sumber daya manusia. Kata kunci: Bahan baku jagung, Sistem Pendukung Keputusan, metode fuzzy SAW


2021 ◽  
Vol 2 (4) ◽  
pp. 5937-5958
Author(s):  
Mikel Ugando Peñate ◽  
Andrea Alejandra Cortés Cusme ◽  
Zoila Elizabeth Sanabria Guamán

La presente investigación tiene como objetivo la aplicación de técnicas, herramientas y estrategias financieras que contribuyan al proceso de toma de decisiones y la rentabilidad económica de las carreras de grado y postgrado de la PUCE Sede Santo Domingo. El estudio se fundamenta en el análisis estructurado y real de sus datos, ya que existe falta de información que impide que la toma de decisiones transparente el impacto en las actividades operativas de la institución. El enfoque de la investigación es mixto, un diseño metodológico no experimental, ya que hace referencia al estudio del número de estudiantes y resultados económicos obtenidos que no son manipulados, con un tipo de investigación explicativa, descriptiva y correlacional. Los resultados confirman que, la implementación de técnicas y herramientas permitió establecer directrices para un mayor conocimiento de la situación actual de la institución, se identificaron las problemáticas y establecieron las estrategias financieras a corto y largo plazo. Concluido el procesamiento y análisis estructurado de información, se dio paso a la elaboración de estrategias financieras, orientadas en la atención de los puntos más importantes, tales como: el desarrollo de políticas de recuperación de cartera, política de pagos a proveedores dentro de los plazos convenidos, aprovechamiento de efectivo y sus equivalentes gestión a la recuperación de cuentas por cobrar relacionadas, considerar el análisis presupuestal periódico que ayuden a determinar la rentabilidad económica,  por otro lado, la presentación y correcta lectura de los estados financieros periódicos, permiten encaminar de manera eficiente el proceso de toma de decisiones y coadyuven a alcanzar los resultados deseados.   The objective of this research is the application of financial techniques, tools and strategies that contribute to the decision-making process and the economic profitability of undergraduate and postgraduate courses at PUCE Santo Domingo Headquarters. The study is based on the structured and real analysis of its data, since there is a lack of information that prevents transparent decision-making the impact on the operational activities of the institution. The research approach is mixed, a non-experimental methodological design, since it refers to the study of the number of students and economic results obtained that are not manipulated, with a type of explanatory, descriptive and correlational research. The results confirm that the implementation of techniques and tools made it possible to establish guidelines for a greater knowledge of the current situation of the institution, the problems were identified and the short and long-term financial strategies were established. Once the processing and structured analysis of information was concluded, the development of financial strategies was carried out, oriented towards the attention of the most important points, such as: the development of portfolio recovery policies, policy of payments to suppliers within the deadlines agreed, use of cash and its equivalents, management of the recovery of related accounts receivable, consider the periodic budget analysis that helps to determine the economic profitability, on the other hand, the presentation and correct reading of the periodic financial statements, allow to direct in a way efficient decision-making process and help to achieve the desired results.


2008 ◽  
Vol 74 (2) ◽  
pp. 235-249
Author(s):  
Younhyun Song

This research examines perceptions of organizational uncertainty among Korean public employees during an administrative paradigm shift. Using the data from Korean public employees in the central ministries, this article explores the extent to which public employees perceive organizational uncertainty and how separate instances of perceived uncertainty are associated. The findings reveal four dimensions of uncertainty: structural and systematic; new administrative demand; job-related; and unpredictability in the decision-making process. In addition, all of these types of uncertainty are linked; new administrative demand uncertainty has a strong influence on the other three. This research concludes by suggesting the roles of leaders in solving uncertain aspects from an increased burden of administrative reform. Points for practitioners Public managers need to recognize that when administrative reforms and organizational change take place, employees become anxious about their job prospects, organizational systems, and external demands. Such perceived organizational uncertainties are associated with one another: jobs, organizational systems, decision-making process, and external administrative demand. More specifically, the inability to cope well with uncertain environmental conditions negatively affects organizational members' behaviors and eventually results in individual stress and uncertainty about their jobs. Nevertheless, organizational uncertainties cannot be avoided in changing and transitional administrative environments. Thus, public managers need to consider and mitigate the negative aspects of organizational uncertainty by adopting innovative approaches and practices for successful administrative reform.


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