Decision Making
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 you can learn:
-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 followthrough on decisions made
The goal of mastering the discipline
to form the theoretical and methodological foundations of methods of strategic decisions, to develop practical skills in strategic decision-making, in
conditions of incomplete information and constant changes in the external environment, the ability to find alternatives under uncertainty.
The skills you get
- ability to develop corporate strategy, organizational development and change programs and ensure their implementation
- use the methods of economic and strategic analysis of the behavior of economic agents and markets in the global environment
Topics covered
- 1. Strategic decisions
- 2. Human processing of information and decision-making traps
- 3. The process of making strategic decisions
- 4. Risk and probabilities
- 5. Development and implementation of an effective strategic decision-making process
When instructed
- 3rd year, 2nd semester
List of references and sourses
J. Frank Yates, Decision Management: How to Assure Better Decisions in Your Company, 2003
Phone
Mail