What Type Of Factors May Influence Future Management Decision-Making In These Two Companies?

Management Decision and ControlProctor & Gamble and PanasonicFactors that may influence the future management decision-making Proctor & Gamble’s vision is high performance and market leadership; therefore operational management factors have the most significant influence on management decision-making. Decision areas include product development within the company’s capabilities, focus on cost optimization and quality standards CITATION Bro13 \l 2057 (Brown, Bessant, & Lamming, 2013). The second area of decision-making is to provide adequate capacity and productivity to balance supply and demand in all the different market areas and segments. Location strategy and prioritization of proximity to target markets to optimize resources and are important factors influencing strategic decision-making CITATION Lut12 \l 2057 (Luthans & Doh, 2012). Panasonic’s vision is excellence therefore factors relating to human resources and supply chain management have significant influence on future decision-making. Decisions relating to human resources will involve areas that enhance innovation and productivity while supply chain decision areas include reliability and quality of inputs CITATION Bro13 \l 2057 (Brown, Bessant, & Lamming, 2013).Layout design to optimize the flow of both resources and information to support business needs have significant influence on future management decision-making for both Proctor & Gamble and Panasonic. The decisions relate to