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| Track |
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LeaderShip Development |
| Course Id |
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135 |
| Duration |
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2 days |
| LP |
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2 |
| Pre-requisites |
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none |
| Introduction |
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This workshop is designed for you to learn how to solve problems and make decisions currently facing your organization. The workshop starts with the basics of decision-making, and proceeds to cover advanced techniques, real-world case studies, model building and more.
Making decisions is something we do everyday. In fact, every rational act is the result of a decision. Of course, many of our decisions have relatively little or no effect on our lives. But there are decisions of great importance and which have both long and short-term consequences on us.
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| Objectives |
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This program will help you learn to generate a greater number of solutions to problems and to weight alternatives carefully. Learning to think creatively about problems, and then make appropriate decisions, helps to increase one's general effectiveness to achieve successful outcomes. Implementing systematic procedures into the problem-solving and decision-making process will be an important focus of this program. |
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| Audience |
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The course is aimed at decision makers on various levels: investors, consultants, group leaders, company directors and other professionals who need to understand how quality and effective decisions can be achieved. |
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| Contents |
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What is decision making?
How we make decisions?
Decision theories
Analytic and intuitive decisions
Decision space
Types of decisions
Models of decision-making
Qualitative and quantitative decisions
Human judgments
Biases in human judgments
Steps in making decisions
Single criteria and multi criteria decisions
Multi Criteria Decision Making (MCDM)
Decision Matrix Method
Introduction to Analytic Hierarchy Process (AHP)
Pair comparison
Consistency
Transitivity
Real examples of decision making |
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