Principles and essentials of strategic decisions

Abstract

Decision making is one of the processes which managers are constantly dealing with. Inseparability of management from decision making is to the extent that both issues are known as each other’s synonym. In the matter of decision making, the important point is that most managers are unable to analyze their decisions and consider it as a static and not a dynamic activity. Considering this and given the importance and role of strategic decisions in an organization’s success or failure, in this study, first we are going to explain the concept of decision making and its characteristics, thoughts and opinions about it, and then to study the principles and essentials of strategic decision making and general aspects of the views stated in this regard.