The best tools for an effective decision making
All managers face the daily challenge of making decisions. In such a busy market and where information flows at a very fast pace, it is not always easy to have the right information at the right time, which complicates the decision-making process. It’s essential that managers equip themselves with the appropriate tools to enable them to make objective and assertive decisions. In today’s article, we talk about the best tools for an effective decision making!
Cloud Storage Solutions
Mobility is a growing trend and in many sectors is already an everyday reality. Employees and managers should have easy access to the most important information about the business, because only then will they be able to make effective and timely decisions. Cloud computing has facilitated labor mobility by allowing important business documents to be consulted and edited anywhere. This will contribute for an effective decision making.
Real-time information tool
The day-to-day of a manager is quite busy and it is humanly impossible to keep up with all the situations that happen in the business. It’s very important to have a real-time business monitoring system that allows you to set business alerts so that you are advised whenever any important situation requires immediate intervention. Multipeers is a BAM system that allows you to define business alerts that warn you whenever a situation requires your attention. In this way, you will always be aware of the events of your business and will be able to decide in good time. Many of the decisions are made based on reports a few days late, which makes the company have a reactive and non-proactive action. With Multipeers you can always be ahead of the competition.
KPI’s
The KPIs relate to the previous point. A KPI – performance indicator – is a value that demonstrates whether the company is achieving its primary goals. The company can and should have well-defined KPIs. Likewise, each department and employee must know their KPIs so that they can work towards their goals and help the company grow. “If we doN’t know where we are going any way is good”: in this way, it’s indispensable that each employee knows his role in the company so that he can guide his daily work in order to reach all his objectives. With Multipeers, you can track KPIs in real time.
PDCA Cycle
PDCA is the go to plan, do, check and act. It is a management technique linked to the improvement of a company’s processes. Its purpose is to solve problems, pointing out the causes for potential deviations and productive failures. This process makes the organization of the company more efficient in the long run and it is essential that it be applied from the moment of creation of a business, so that the improvement can be continuous. Based on this tool, it’s possible to make more effective decisions because there is a greater knowledge about the company.
