The influence of the time factor on managerial decision making

The paper deals with the time factor and its influence on managerial decision making in organizations. The technology of a set of situational factors of the company is proposed to determine the spheres of influence of the time factor on managerial decision making. The points of intersection of the time factor with management decisions, which are divided into internal and external by the influence exerted, are considered. Then the author refers them to accounting and regulation within operational and strategic management. The phenomenon of time discounting and its impact on management decisions are explained. Ways to improve the methodology of time management system for use in conditions of lack of time are presented. A method is proposed for calculating the economic efficiency of an enterprise, taking into account the time factor.