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Decision Making TrainingLeadership

Managerial Decision Making Training

This course provides managers and business leaders with essential decision-making skills to enhance strategic thinking, problem-solving, and…

This course provides managers and business leaders with essential decision-making skills to enhance strategic thinking, problem-solving, and analytical reasoning. Participants will learn structured decision-making frameworks, risk assessment techniques, and data-driven approaches to improve business outcomes. The course covers real-world case studies and interactive exercises to help managers make informed and effective decisions in complex business environments.

 

What Will You Learn?

  • • Understand the fundamentals of managerial decision-making.
  • • Apply structured decision-making models to solve business challenges.
  • • Evaluate risks and uncertainties in decision-making processes.
  • • Use data and analytics to support evidence-based decisions.
  • • Improve problem-solving skills for effective leadership.

Course Curriculum

. Introduction to Managerial Decision-Making
• Importance of decision-making in management • Key challenges in business decision-making • Factors influencing effective decisions

2. Decision-Making Frameworks and Models
• Rational decision-making model • Bounded rationality and intuitive decision-making • SWOT analysis and cost-benefit analysis

3. Risk Assessment and Problem-Solving Techniques
• Identifying and managing risks in decision-making • Problem-solving methodologies for business scenarios • Decision trees and scenario analysis

4. Data-Driven Decision-Making
• Role of data analytics in managerial decisions • Interpreting key performance indicators (KPIs) • Tools and techniques for data visualization

5. Behavioral Aspects of Decision-Making
• Cognitive biases and their impact on decision-making • Emotional intelligence in managerial decisions • Decision-making in high-pressure situations

6. Ethical and Sustainable Decision-Making
• Ethical considerations in business decisions • Corporate social responsibility and sustainable leadership • Balancing short-term and long-term decision impacts

7. Implementing Effective Decision-Making Strategies
• Communicating decisions and gaining team buy-in • Evaluating decision outcomes and continuous improvement • Case studies of successful managerial decisions

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