Modern methods of management decision-making and their connection with organizational culture of the tourism enterprises in Ukraine
Economic Annals-ХХI: Volume 142, Issue 7-8(1), Pages: 95-98
Citation information:
Krupskyy, A. (2014). Modern methods of management decision-making and their connection with organizational culture of the tourism enterprises in Ukraine. Economic Annals-XXI, 7-8(1), 95-98. https://ea21journal.world/index.php/ea-v142-24/
Alexandr Krupskyy
PhD (Psychological Sciences),
Associate Professor,
Oles Honchar National University of Dnipropetrovsk
72 Gagarina Ave, Dnipropetrovsk, 49010, Ukraine
krupskyy71@gmail.com
Modern methods of management decision-making and their connection with organizational culture of the tourism enterprises in Ukraine
Abstract. Management decision-making is a daily task that managers of various levels solve in every organization. Degree of difficulty of this process depends on the scope of authority, responsibility level, manager’s position in organizational hierarchy; on the changes in the environment, unpredictability of which causes emergence of significant amounts of alternatives. For this reason, managers do not rely only on intuition or personal experience (which limited with selective perception, cognitive ability, ability to withstand stress and/or the presence of bias), but use tools (methods) that have stood the test of time and practice; are based at the analysis of a significant amount of primary and secondary information; involve team-building to find the optimal option or to generate ideas. A significant amount of research papers are devoted to such methods, however, the author forms a synergetic approach which contains a detailed analysis of their correlation with the key factors of the competitiveness of enterprise, such as organizational culture and leadership. Existing decision-making practices, problems and style of management at the tourism enterprises are revealed from conducted survey (the first half of 2014) in tourism firms of Dnepropetrovsk and Zaporizhzhia regions of Ukraine, in which 729 tourism managers took part. The most popular decision-making practices in tourism branch were specified, among them are modeling and monitoring of previous results. The study proved the hypothesis of the author concerning strong connection of decision-making management and type of organizational culture. Moreover, 63% of managers were dissatisfied with low attention to organizational culture at their companies. The basis for future research and the synergetic matrix for decision-making management were worked out in the article which give preconditions for further studies and improvements in tourism management of Ukrainian enterprises.
Keywords: Organizational Culture; Management Decision-Making; Tourism
JEL Classification: D81; M14; L83
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Received 11.06.2014