Strategic Decision-Making Excellence– Course Outline
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Overview:
Strategic Decision-Making Excellence is a comprehensive course focusing on developing the essential skills for effective strategic decision-making. Participants will explore various strategies and techniques for evaluating complex situations, implementing decision-making frameworks, and balancing risks and opportunities.
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Learning Objectives:
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Understand the importance of strategic decision-making in driving organizational success.
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Develop skills to evaluate complex situations and make informed decisions.
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Learn techniques for implementing decision-making frameworks and processes.
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Develop strategies for balancing risks and opportunities to drive strategic outcomes.
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1. Evaluating Complex Situations and Making Informed Decisions
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Introduction to Strategic Decision-Making: Understand the role of strategic decision-making in organizational success. Explore how the brain processes information under stress and uncertainty, and learn techniques to mitigate cognitive biases that affect decision-making.
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Analyzing Complex Situations: Learn techniques for analyzing complex situations, including gathering relevant information, identifying key stakeholders, and assessing potential risks and opportunities.
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Making Informed Decisions: Develop skills for making informed decisions based on data, analysis, and consideration of potential outcomes using mental models to streamline decision-making processes.
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2. Implementing Decision-Making Frameworks and Processes
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Understanding Decision-Making Frameworks: Explore popular decision-making frameworks and models, such as the rational decision-making model, SWOT analysis, and cost-benefit analysis.
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Applying Decision-Making Processes: Understand the role of the prefrontal cortex in executive functions and decision-making and techniques to enhance its performance during critical decision phases.
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Implementing Decision-Making Frameworks: Develop techniques for implementing decision-making frameworks within organizations, including establishing decision-making protocols, roles, and responsibilities. Explore how the brain's reward systems influence decision-making, and leverage this knowledge to create motivating and engaging decision-making protocols.
3. Balancing Risks and Opportunities to Drive Strategic Outcomes
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Identifying Risks and Opportunities: Explore techniques for identifying potential risks and opportunities associated with strategic decisions.
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Assessing Risk and Opportunity: Learn how to assess the potential impact and likelihood of risks and opportunities to inform decision-making. Understand how emotions and stress influence risk perception and apply neuroscience techniques to maintain a balanced and rational approach to risk assessment.
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Balancing Risks and Opportunities: Develop strategies for balancing risks and opportunities to drive strategic outcomes, including risk mitigation strategies and opportunity maximization tactics.
Course Delivery: The course will be delivered through a combination of lectures, case studies, group discussions, and interactive workshops. Participants will engage in practical exercises, case studies, and discussions to apply the concepts learned to real-world strategic decision-making challenges.
Who Should Attend: This course is ideal for leaders and managers who need to make strategic decisions in complex and dynamic environments. It is particularly beneficial for those looking to improve their decision-making skills, implement effective frameworks, and balance risks and opportunities. Leaders who aim to navigate uncertainty and drive strategic outcomes for their organizations will find this course especially valuable.