The Trend as a simple and concrete definition, is the natural and evolutionary inclination of a variable.
The etymology of the word refers to an Indo-European language, from Latin Tendentis (to address), which establishes the logic of "propensity or budgetary direction" of the element to be projected.
Based on what has been stated, the usefulness of the Trend is very broad, in Marketing for example, it applies to the proceeding and the mediate future of the states of some constituent factors of the markets.
On account of this, the "Tendency" is what we presume is going to happen with greater probability, let us remember that the Tendency always admits a range of + - error, this Dispersion will be present throughout the standard, inserting limits to the certainty of that scenario of probable action.
We will leave pending the deepening of the Statistical Function "Trend" in order not to delay the reasoning sought.
Decision-making in organizational matters involves the fact of "Choosing a Line of Action among several coexisting ones". The word Decide (verb) comes from the Latin, decidere (separate, cut, break), therefore the genesis of the verb links Decision Making to a Cognitive Act and then give way to the Behavioral, retaking the organizational mode would be to Strategy and subsequently Run the predefined.
I think it is relevant to point out the Time Factor, partly consequent to the phenomenon of its "uncontrollable" nature, Decision Making is conceived towards the short, medium or long term. The Trend at this point, can provide us with a bearish, rising, or bullish guidance.
The clarification of these very simply described concepts are of vital importance, since Organizations are permanently "making decisions", Organizations are made up of people, therefore we rationally infer that people "make decisions" in continuous frequency.
If we reduce the concept to people, we will see that it lands in all areas of life, here everyday life is present.
To highlight and consider
- The Thought Exercise in Decision Making must be a conscientious, merited process, using the information provided by the Trends linked to that decision. The empirical positively assists the Decision, let us say that the experience resembles the historical statistical values on the which we decided, there we are impacting the variable past time; To this we must add the present expertise, to finally achieve a greater degree of future certainty. (Past, present and future).The range of dispersion present in all influential Trends in Decision Making is related to the General Rule Validated by its exception, this explains why the best consultants sometimes mistaken statistical projections. It is advisable to keep updated a good database, the data changes according to the succession of time,If we are about to decide something, let us review the basis on which we will trigger our trend line. We need experience, knowledge, wisdom and our stamp to separate firm data from false ones. Here we enter the field of the predictable and the unpredictable, the world of the predictable and the unpredictable, in this aspect we look for the extremes so that the trend is as probable as possible, the behaviors of human beings are observable, therefore measurable, "the greater the observation, the less probability of erratic occurrence." domestic issues, we can affirm….. “at a greater distance from the contingent, greater probability of success”. We can make an analogy with Blindness and Colorblindness, Blindness would be the predictable since it is the certainty of not seeing, Colorblindness becomes in the unpredictable,confirming a level "X" of uncertainty in the behavior of the variable "color perception".
Extrapolating concepts, let's look for the greatest trend certainty for a correct Decision Making, we already know that, as in the Meteorological Factor, there will be a margin of oscillation, even so it is our duty to procure the best forecast of probable organizational climate guaranteeing the collective good and the society development.
