Strategic Decision Making

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Course Description PDF

Course Focus

The ability to make effective and timely decisions is an essential skill for successful executives. Mastery of this skill influences all aspects of day-to-day operations as well as strategic planning. In this course, developed by Professor Robert Bloomfield, Ph.D. of Cornell University’s Johnson Graduate School of Management, you will hone your decision-making skills by following a methodology based on tested actions and sound organizational approaches. You will leave this course better equipped to confidently tackle any decision large or small, and you’ll do so in a way that creates the optimal conditions for success.

Who should take this course?

This course is intended for mid- to upper-level managers, high potentials, and senior leaders with over three years’ experience. Learners may come from every continent and from a diverse range of organizations, including for profits large and small, NGOs, and governmental agencies.

Key Benefits

Participants who complete this course will be able to...

  • Respond decisively and consistently when faced with situations that require a decision
  • Determine the most important features of the decision you need to make, based on the setting and the context
  • Recognize and compensate for psychological factors in yourself and in others that affect decision quality
  • Incorporate available information into decisions, with an awareness of the limitations of that information
  • Establish responsibilities and accountabilities to ensure effective follow-through on decisions made

Topics Include

Module 1 - Deliberate, Delegate or Trust Your Gut?

  1. Recognizing and Handling Urgency
  2. When Taking Your Time Makes Sense
  3. Decision-Making Wins and Fails

Module 2 - Identify Alternatives

  1. Unbundling and Rebundling Attributes
  2. Using Options to Split the Difference
  3. Techniques for Expanding Alternatives

Module 3 - Account for Biases

  1. Availability Bias, Future Framing, and the Halo Effect
  2. Escalation Bias and the Planning Fallacy
  3. Identify and Counteract Biases

Module 4 - Gather and Weight Information

  1. Clarifying Strategy with a Causal Map
  2. Gathering Data
  3. Assessing Data Quality

Module 5 - How to Value Risk in Outcomes

  1. Options, Risk Management, and Maximizing Value

Module 6 - Follow Through

  1. Responsibility and Accountability
  2. Inputs, Outputs, and Outcomes
  3. Assign Responsibilities and Accountabilities

Faculty

Course Cost US$769
Hours to Complete Course: 6
CEUS earned 0.6
This course is part of one or more online certificates:

Please choose from the following course start dates:

12 December 2018
12 December 2018
23 January 2019
06 February 2019
20 February 2019
06 March 2019
20 March 2019
03 April 2019
17 April 2019
01 May 2019
15 May 2019
29 May 2019
12 June 2019
26 June 2019
10 July 2019
24 July 2019
07 August 2019
21 August 2019
04 September 2019
18 September 2019
02 October 2019
16 October 2019
30 October 2019
13 November 2019
27 November 2019
11 December 2019
25 December 2019
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