Leadership & Management Development
Making the Right Decisions Under Pressure
Decide well when time and information are short.
1 dayIntermediate5 modules
About this course
Decide well when time and information are short. In one day you will set clear organisational objectives, weigh probability and impact, apply decision-making theories, recognise biases such as anchoring, and turn conflicting opinions into useful insight.
What you'll learn
- Make intelligent decisions with limited time and information
- Reframe issues to ensure greater problem-solving accuracy
- Convert conflicting opinions into useful insights
Curriculum
5 modules
- Establishing the Needs of the Organization
- Defining Organizational Objectives and Goals
- Understanding Common Organizational Objectives
- Incorporating the Five Ws into Goal Statements
- Understanding Probability and Impact
- Decision Making in Complex Environments
- Expanding Thinking Beyond Comfort Zones
- Applying Decision Theory to Business Decisions
- Evaluating Expected Payoffs and Outcomes
- Understanding the Human Psychology that Impacts Business Decisions
- Recognizing Utility Theory and Loss Aversion
- Applying Complexity Theory and the Butterfly Effect
- Recognizing Biases and Irrational Decision Making
- Understanding Anchoring, Stereotypes, and Expectations
- Evaluating Personal Filters and Assumptions
- Reframing Decisions and Alternatives
- Asking Effective Questions About Data and Statistics
- Reviewing Plans and Organizational Alignment
- Engaging Stakeholders and Building Support
- Enlisting Networks and External Resources
- Managing Risks and Risk Responses
- Adjusting Decisions, Measuring Results, and Monitoring Performance
Who it's for
Managers and professionals who make high-stakes decisions.
Before you start
- While there are no prerequisites for this course, please ensure you have the right level of experience to be successful in this training.
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