Decision Making Training

INTRODUCTION

Decision-Making is the process of making the best choices by classifying a decision, collecting information, and evaluating alternative solutions. Decision-Making is also considered as an essential skill to identify various processes that help individuals make the right decisions and make a collective effort to reveal biases. A good decision-maker picks activities that provide the best result for themselves and others. Using efficient Decision-Making skills at the workplace can be very useful to improve the overall productivity and satisfaction among employees. Decision-Making skills also help individuals accomplish the company's initial goals and objectives open up more career opportunities.

This 1-day Decision-Making Skills Training course aims to provide delegates with in-depth skills of taking important decisions using decision-making skills. This course will focus on many crucial topics such as factors influencing decisions, techniques and methods of decision-making, models of decision-making, decision-making in an uncertain and confusing world, differences between individual and group decisions, etc. This course will be taught by our experienced instructor, who have years of experience in providing interactive training courses.

This training will cover various crucial concepts, such as:

• Steps to effective decision-making
• Factors influencing decisions
• Approaches to decision-making
• Different ways to make decisions
• Principles of decision-making
• Non-rational/administrative model

At the end of this training, delegates will be able to take an effective and efficient decision in any situation. Delegates will also be able to take proper steps for effective decision-making and manage various factors influencing decisions.

 PREREQUISITES

In this Decision-Making Skills Training course, there are no formal prerequisites.

COURSE OUTLINE 

Module 1: Introduction to Decision-Making

• What is Decision-Making?
• What are Decision-Making Skills?
• Importance of Decision-Making
• Elements of Decision-Making
• Characteristics of Decision-Making
• Types of Decision-Making
• Approaches to Decision-Making
• Different Ways to Make Decisions
• Differences Between Individual and Group Decisions

Module 2: Factors Influencing Decisions

• Programmed Vs Non-Programmed Decisions
• Information Inputs
• Prejudice
• Cognitive Constraints
• Attitudes About Risk and Uncertainty
• Personal Habits
• Social and Cultural Influences

Module 3: Decision-Making Skills

• Problem Solving
• Leadership
• Reasoning
• Intuition
• Teamwork
• Emotional Intelligence
• Creativity
• Time Management

Module 4: Steps to Effective Decision-Making

• Identify  Decision
• Gather Relevant Information
• Identify Alternatives
• Weigh Evidence
• Choose Among Alternatives
• Take Action
• Review Decision

Module 5: Techniques and Methods of Decision-Making

• Marginal Analysis
• Co-Effectiveness Analysis
• Operations Research
• Linear Programming

Module 6: Principles of Decision-Making

• Marginal Theory
• Mathematical Theory
• Psychological Theory
• Principle of Limiting Factors
• Principle of Alternatives
• Principle of Participation

Module 7: Models of Decision-Making

• Rational/Normative Model-Economic Man
• Non-Rational/Administrative Model

Module 8: Decision-Making in Today's World

• How to Improve Decision-Making Skills?
• How much does Hierarchy Matter?
• Top-Down Decision-Making Vs Bottom-Up Decision-Making
• Decision-Making in an Uncertain and Confusing World
• How can Cutting Edge Technologies Enable Better Decision-Making?