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Dealing With Uncertainity
Sai Kumar Deekonda161410
pgdmtopics.blogspot.in
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Introduction of Uncertainty
• Ben franklin said the only sure things in life are death and taxes. Although this is a gloomy prospect, it dose capture a key theme of modern life. We are faced with a great deal of uncertainty. Organization, like individuals, are continually challenged to accomplish something in spite of general uncertainty. Organization meet this challenge largely through planning.
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Types of Uncertainty Perspectives:
1. Types of uncertainty
2. Organization response to environmental uncertainty
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Types of Uncertainty
1.State uncertainty
2.Effect uncertainty
3.Response uncertainty
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Organizational Responses To Uncertainty1.Defenders2.Prospectors3.Analyzers4.Reactors
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