Duration
2 Days
This course is intended for
Executives, directors, managers, and others tasked with making important decisions for their organizations.
Overview
After completing this course, students will know how to:
- Make intelligent decisions with limited time and information
- Reframe issues to ensure greater problem solving accuracy
- Convert conflicting opinions into useful insights
Description
In this course, students will learn to evaluate options, generate possible solutions, and decide on logical strategies.
The Complexity of Decision Making
- Establishing the Needs of the Organization
- Defining Organizational Objectives and Goals
- Measuring Your Goals
- Calculating Probabilities of Success
Dealing with Opinion in the Face of Uncertainty
- Understanding Theories of Decision-Making
- Avoiding Irrationality
- Being Aware of Risks
- Reframing the Options
- Asking the Right Questions
- Knowing What You Want
- Making Proper Comparisons
- Working with Stereotypes and Expectations
Adapting Decision Strategies for a Complex World
- Reviewing Your Plans
- Engaging Stakeholders
- Enlisting Your Network
- Managing Risks
- Planning for Risks – Avoidance, Mitigation, Transference, and Acceptance
- Applying Complexity Theory and the Butterfly Effect
- Adjusting Decisions
- Building in Metrics & Measurements
- Monitoring Progress and Managing Risks
- Looking for Emerging Trends
