Managerial Decision-Making in Insurance Sector

Ilona Zakharova

Bakalářská práce

Abstract:

Managerial decision-making is a fundamental component of organizational performance and success, particularly in the rapidly evolving and complex environment of the insurance sector. This study explores the key factors influencing decision-making processes within an insurance company, with a specific emphasis on the role of branch managers. Effective managerial decisions enable organizations to identify and capitalize on opportunities, address challenges proactively, allocate resources efficiently, and maintain competitiveness in the market. In contrast, ineffective decision-making can result in financial inefficiencies, missed strategic opportunities, and decreased employee engagement. To ensure robust decision-making, branch managers employ systematic tools, such as criteria-based evaluation tables, to compare candidates' skills and qualifications objectively. This structured approach facilitates informed decisions, aligning personnel selection with organizational goals and enhancing overall operational effectiveness.

Keywords

insurance sector, objectivity in decision-making, business optimization

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 30. 11. 2024

Obhajoba závěrečné práce

• Vedoucí: doc. Ing. Tomáš Macák, Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program:
Business Administration