The ability to make high-quality decisions defines the great manager. How are some people able to consistently make the right calls while others fail to do so? In Effective Decision-Making, we delve into the decision-making process flow, with a particular emphasis on sorting through the various alternatives to find the optimal outcome. Other topics covered include decision-making efficiency and consistency.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Identify how sunk costs impact decision-making.
Specify the techniques used to explore decision options.
Identify how to prevent decisions from being re-opened.
Recall how to get people to support a decision.
Identify the circumstances under which the quality of data is most critical to a decision.
Recall the signs of groupthink.
Specify the role of the devil's advocate in decision-making.
Specify when a delay can improve decision-making.
Specify the methods to improve decision-making under time pressure.
Recognize the situations in which real options can be applied to decision-making.
Major Topics
Effective Decision-Making
Examples of Difficult Decisions
