Making Decisions Dynamically

Course 4 of the Decision-making and Problem-solving for Business Program

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Making Decisions Dynamically

What You Will Learn!

  • recognize the value of understanding the factors that influence decision making
  • select descriptions of sound decision-making principles
  • match decision-making styles to their corresponding descriptions
  • recognize benefits of skillfully using decision-making techniques
  • analyze the effectiveness of a PMI analysis used to evaluate a business decision
  • analyze the effectiveness of an ease-and-effect matrix used to prioritize potential business decisions
  • analyze the effectiveness of a team using the nominal group technique to make a business decision
  • identify steps of using a return-on-investment measure to evaluate a business decision
  • analyze the effectiveness of a devil's advocacy technique used to evaluate a proposed business decision
  • recognize benefits of effectively discussing potential business decisions with uneasy or competitive parties
  • identify effective strategies for making compromises and managing trade-offs
  • apply techniques to conduct a genuine dialogue about a business decision with another party

Description

The Making Decisions Dynamically course  is the fourth course of the Decision-making and Problem-solving for Business.

Business writer Christopher M. Knight took a fatalistic view of decision making when he wrote: "Welcome to Earth. You are doomed to make choices." Why do you think many people would prefer to do 100 or so push-ups rather than make a single business decision?

Understanding and mastering the various factors that influence decision making is both valuable and crucial. You're about to focus on the ingredients that comprise skillful decision making. Before you even begin a decision-making effort, know the fundamentals involved in this business activity.

No matter how you feel at this time about making business decisions, you have a lot to gain by using the ideas and techniques in this course. To receive the full benefit, however, you have to turn effective decision making into a habit.

In this course, you'll discover a wealth of decision-making principles and techniques:

  • the foundational thinking behind wise decision making

  • decision-making techniques to use by yourself

  • decision-making strategies to employ with others

  • ways to build productive and dynamic relationships with decision-making counterparts.

That’s it! Now, go ahead and push that “Take this course” button and see you on the inside!

Who Should Attend!

  • Executives, managers, supervisors, team leaders, and other business professionals who want to enhance their ability to solve business problems and make effective personal and organizational decisions

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Tags

  • Business Fundamentals
  • Decision Making
  • Problem Solving

Subscribers

5

Lectures

33

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