Improve Managerial Decision-Making Skills With an MBA

We all make a variety of decisions on a daily basis, whether in our personal lives or in our careers, and good decisions can be the building blocks for career success. When working toward an MBA, students learn how to sharpen their decision-making skills.

Managers make decisions in their quest to find solutions that benefit the company and the people they manage. Companies set ethical standards, usually based on their mission statement, and they expect managers to abide by these standards when making decisions. Strong leaders are adept at solving problems within a company’s ethical framework. They use good judgment to consider various scenarios and weigh the pros and cons of each. Managers who understand the impact of their decisions on company performance are a step ahead.

The business world has changed significantly in recent years, with employers considering corporate social responsibility (CSR) crucial for decision-making. Educational institutions are responding to this trend by developing ethics-focused curricula. The Economist states, “Business schools now see it as their responsibility to teach their MBAs how to navigate ethical dilemmas when making big decisions.”

Most of us tend to get better at decision-making with age and experience. Earning an MBA helps students sharpen business decision-making skills by giving them opportunities to learn from professors with extensive real-world experience. This preparation in the MBA program readies them for the challenges they’ll face in managerial and leadership roles. Students in the Southern Illinois University Edwardsville (SIUE) online MBA program focuses on this topic throughout the program, and the first course in the curriculum for online students is MBA 522: Decision Making in Organizations.

Learn more about SIUE’s online MBA in Management program.


Chron: Decision Making in Business Ethics

The Economist: Management Education and Ethics: Greed Is No Longer Good

Related Articles

Have a question or concern about this article? Please contact us.

Our Commitment to Content Publishing Accuracy

Articles that appear on this website are for information purposes only. The nature of the information in all of the articles is intended to provide accurate and authoritative information in regard to the subject matter covered. The information contained within this site has been sourced and presented with reasonable care. If there are errors, please contact us by completing the form below. Timeliness: Note that most articles published on this website remain on the website indefinitely. Only those articles that have been published within the most recent months may be considered timely. We do not remove articles regardless of the date of publication, as many, but not all, of our earlier articles may still have important relevance to some of our visitors. Use appropriate caution in acting on the information of any article.
Report inaccurate article content: