Decision Making

Decision Making

Price: 500 Euro + VAT
  • Level: Beginner
  • Duration: 2 days
  • Course format: In person, Online
  • Language: English, Romanian
  • Certificate of completion

Takeaways:

About

Master the intricacies of decision-making with our comprehensive Decision Making course. Designed for professionals who need to navigate complex choices confidently, this program covers both the theoretical foundations and practical applications of effective decision-making processes. 

Participants will explore various decision-making models, from intuitive to data-driven approaches, and learn how to mitigate risks while maximizing outcomes. Through simulations, case studies, and real-time scenarios, you’ll gain insights into your decision-making style, understand cognitive biases, and develop strategies to make better, faster decisions in dynamic environments. 

This course not only enhances your ability to make strategic choices but also prepares you to lead others through the decision-making process with clarity and conviction.

Course Curriculum:

Module 1: Understanding Decision Making
Importance of decision making in personal and professional life
Types of decisions: Strategic (long-term), Tactical (medium-term), Operational (short-term)
Decision-making process: Identifying the problem, gathering information, evaluating alternatives, making the choice, implementing the decision, reviewing the decision
Common biases (confirmation bias, anchoring, overconfidence) and how to avoid them
Module 2: Theories and Models of Decision Making
Rational decision-making model: Step-by-step logical approach
Bounded rationality: Limitations in decision-making capabilities
Intuitive decision-making: Using intuition and experience
Vroom-Yetton decision model: Choosing a decision-making process based on situational factors
Real-world applications and case study analysis
Module 3: Tools and Techniques for Effective Decision Making
SWOT analysis: Identifying strengths, weaknesses, opportunities, and threats
Decision matrix analysis: Weighing different factors
Cost-benefit analysis: Comparing costs and benefits
Risk assessment: Identifying and mitigating risks
Scenario planning: Preparing for various future scenarios
Module 4: Individual and Group Decision Making
Differences between individual and group decision making
Effects of groupthink and strategies to mitigate it
Techniques for effective group decision making (Brainstorming, Delphi method)
Consensus building techniques
Interactive Session: Case Study Analysis and Group Exercise
Small group case study analysis
Group discussion and decision-making
Presentation of group decisions and rationale
Module 5: Decision Implementation and Evaluation
Steps for implementing decisions effectively
Monitoring outcomes and evaluating effectiveness
Adjusting decisions based on feedback
Continuous improvement strategies
Individual Decision Making Scenario
Participants work on a provided scenario individually
Apply learned techniques to make a decision
Share and discuss individual decisions

Părerea cursanților:

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John Doe
Designer
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blue text quote speech 3d icon comma quotation word message bubble symbol information opinion e1728493646983 - Decision Making
John Doe
Designer

Despre instructor:

114009

NUME PRENUME

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Decision Making

Price: 500 Euro + VAT
  • Level: Beginner
  • Duration: 2 days
  • Course format: In person, Online
  • Language: English, Romanian
  • Certificate of completion

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