Some people think that managers alone should make decisions in the company, while others think that employees should be involved in the decision making process. Discuss both views and give your own opinion.

In order to survive in

this

dog-eat-dog world, the

management

of a company needs to take a large number of strategic

decisions

by considering the company’s strengths and weaknesses. Resultantly, whereas some individuals assert that managers of a

firm

ought to take the necessary

decisions

alone, others attend that staff should be included in any important decision-making process. I, too, wholeheartedly deem that involving

employees

during the time of

management

decision is conducive to getting a deeper insight into the company’s external and internal factors.

Decisions

taken by the managers or directors alone are considered to be beneficial in that they know better about the overall mechanism as well as the financial position of their

firm

, which is not always known to all

employees

.

That is

why when an experienced manager set goals for a company, it is neither unrealistic nor unachievable because he or she knows best about the whole scenario of the

firm

. To cite an example, an empirical study conducted by Oxford University reveals that in China, 95% of companies’ goals have been achieved in 2010 down to following guidelines and instructions received from the top

management

.

Therefore

, so as to increase productivity, managers should take

decisions

alone. Plausible though, the top

management

has a better idea about the position of a

firm

, it is worth arguing that

employees

should be included during the decision making time.

This

is because

employees

not only have ideas about the organization’s internal day to day tasks and challenges but

also

know better about the competitors’ products, policies, to name but a few.

Thus

, if

management

does not include staff in the decision-making meeting, there is a high chance of overlooking some critical factors, leading the company to face a huge financial loss. To exemplify, in 2010, Nokia lost the market share in Bangladesh down to not having an idea about the competitors’ move that was known to their

employees

very well. In conclusion, even though

management

knows better some facts than

employees

, it cannot help to gain competitive advantages.

Hence

, I unequivocally buttress the stand of involving staff in the decision-making process.