I worked in many software organizations which are being the top in market. By the learning’s from all the companies I set my dream to start a software company. I will engage all the lessons which I had learnt from my past companies like the way of managing the company, decisions about projects, treating the employees etc.
Managerial decisions are the decisions which are used to manage the organization in the proper way by setting the objective and strive to achieve the goal. There are some managerial decisions which I want to employ in my organization like in the beginning stage onwards I like to have an prepared objectives so that I will explain my employees how to execute the projects. As a small size firm there will less growth rate because my company would be new to market but later on I will slightly increase day by day with well prepared planning. To execute all my objectives and achieve the goal it was important to have a team I will hire the employee that are more skillful with technical knowledge if they wants the compensations like health insurance, allowances etc. I will provide them because they are the main people to reach my goal.
In any company decision making plays an important role and it needs more critical thinking and expert suggestions should be taken. By sharing the decisions if any employee doesn’t like conflicts will also occur. To avoid these kinds of problems I will use the mathematical modeling to avoid problems because this will be more beneficial for my organization. I like to use this because during the time of project selection there will be tough to decide whether to take over the project or not during that time this model will be useful by the potential valuation. So that there will be no time wastage and money.
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