Course Overview:
Strategic decision making is a critical skill for leaders and managers to navigate complex business environments and drive organizational success. This course aims to equip participants with the necessary knowledge and tools to make effective strategic decisions. Participants will learn various decision-making models, techniques for analyzing and evaluating options, and strategies for implementing decisions that align with organizational goals and objectives.
Course Objectives:
- Understand the importance of strategic decision making in organizational success.
- Learn various decision-making models and their applications.
- Develop skills in analyzing and evaluating options to make informed decisions.
- Understand the role of data and information in strategic decision making.
- Learn techniques for managing uncertainty and risk in decision making.
- Develop strategies for effective implementation and execution of decisions.
- Enhance critical thinking and problem-solving skills.
- Build a personal toolkit of strategic decision-making techniques and resources for ongoing professional development.
Course Outline:
Introduction to Strategic Decision Making
- Definition and importance of strategic decision making
- Characteristics of effective strategic decisions
- Decision-making frameworks and approaches
Decision-Making Models and Techniques
- Rational decision-making model
- Incremental decision-making model
- Intuitive decision-making model
- Group decision-making techniques
Analyzing and Evaluating Options
- Identifying decision criteria and factors
- Analytical techniques for evaluating options (e.g., SWOT analysis, cost-benefit analysis)
- Decision trees and scenario analysis
Data-Driven Decision Making
- Importance of data and information in decision making
- Techniques for collecting and analyzing relevant data
- Data visualization for decision making
Managing Uncertainty and Risk
- Techniques for managing uncertainty in decision making
- Risk analysis and assessment
- Decision-making under risk and uncertainty
Implementation and Execution of Decisions
- Strategies for effective decision implementation
- Overcoming resistance to change
- Monitoring and evaluating decision outcomes
Note: This course outline provides a general framework for a strategic decision-making skills course. It can be customized and expanded based on specific organizational needs and desired learning outcomes. The sessions may include a combination of lectures, case studies, group discussions, interactive exercises, and real-world examples to enhance learning and practical application of strategic decision-making principles and techniques.
Course Features
- Lectures 0
- Quizzes 0
- Duration 2 days
- Skill level All levels
- Language English
- Students 27
- Assessments Yes
