IDEAS home Printed from https://ideas.repec.org/a/acf/journl/y2024id2483.html
   My bibliography  Save this article

Probabilistic and Statistical Approach to Evaluating the Effectiveness of Management Decisions

Author

Listed:
  • T. Kh. Toguzaev
  • V. V. Kalitskaya
  • O. A. Rykalina
  • A. H. Sabanchiev

Abstract

In a number of works by domestic and foreign authors, modern methods are proposed to solve the problem of the effectiveness of decision-making and execution. Quite satisfactory results have been achieved both in theoretical, methodological and applied terms. However, this only casually mentions the effect that occurs in any, and not only an unrealized solution — the appearance of some remnants; not unrealization, but fundamental unrealizability without a remainder. The very nature of unrealizability or the presence of residual has not been considered before, although the effect of residual is constantly observed. The discrepancy between the solution and its implementation was associated with the insufficient quality of the solution or with the shortcomings of its implementation, which is considered in the context of “incomplete information†and “the presence of hidden variables/factors†. This understanding allowed the remnants themselves to be considered in several angles and aspects: a) as a residue from the implementation (“unrealized opportunities†), b) as an over-realization of realized opportunities, c) as errors in the development of solutions, d) as technical, organizational, etc. disadvantages in the implementation of the solution, etc. However, the immediate consideration of the problem of evaluating the effectiveness of decision-making indicates the presence of a fundamental unrealizability in it, which is expressed in the appearance of a remainder when it is implemented in any case. Moreover, this remainder is not associated with realizability as such and not with the solution as such, but with the presence of a special property of residuality, which is of a fundamental nature. The purpose is to identify, describe and propose a method for assessing the phenomenon associated with the incompleteness of the implementation of a management decision, regardless of its quality. A set of logical and descriptive methods was used in the study. Results: a review of situations with the appearance of residues in decisionmaking is carried out; a criterion and a method for evaluating the effectiveness of decisionmaking is proposed, a rule for the residual implementation of a decision is formulated; a justification of the proposed rule in various aspects is given; a classification of options for the unrealizability of decisions is proposed. The results obtained can be useful in making and implementing a decision.

Suggested Citation

  • T. Kh. Toguzaev & V. V. Kalitskaya & O. A. Rykalina & A. H. Sabanchiev, 2024. "Probabilistic and Statistical Approach to Evaluating the Effectiveness of Management Decisions," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 2.
  • Handle: RePEc:acf:journl:y:2024:id:2483
    DOI: 10.22394/1726-1139-2024-2-59-71
    as

    Download full text from publisher

    File URL: https://www.acjournal.ru/jour/article/viewFile/2483/1904
    Download Restriction: no

    File URL: https://libkey.io/10.22394/1726-1139-2024-2-59-71?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acf:journl:y:2024:id:2483. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Рнтонова Ð•Ð²Ð³ÐµÐ½Ð¸Ñ Ð’Ð»Ð°Ð´Ð¸Ð¼Ð¸Ñ€Ð¾Ð²Ð½Ð° (email available below). General contact details of provider: https://sziu.ranepa.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.