Decision Making Skills

Overview of the course

Decision making skills training course aims to raise delegates’ awareness regarding decision making process, techniques and tools and teaches them how to use each tool in different situations. Decision making is a skill and to become better at it, you must simply practice over and over  again. When making decisions, the biggest problem people experience is getting stuck and not knowing what to do.

This usually happens either due to lack of research and data or because of looking only at a narrow part of a search space. Both of these issues can be addressed using a set of decision making tools. Unfortunately, most people are not aware of these systematic tools and tend to rely on intuition instead to make decisions. This approach often leads to sub-optimal results.

Since the delegates can practice the technique during the course under the tutor’s observation, they have a better chance of learning the techniques correctly and use them efficiently and immediately after the training.

The course also focuses on decision making & problem solving principles discovered in a number of critical fields such as game theory and economics. A knowledge of the logic of decision making helps to deepen the understanding of decision making as a whole.

Learning Outcome:

• Use good decision-making processes to get the best out of your decisions

• Choose the best available option based on a number of criteria using a trade-off analysis

• Use a series of systematic comparisons to identify the most ideal decision

• Make a decision using quantifiable pros & cons to evaluate the impact of your decision

• Systematically analyse the implications of taking an action so you can decide whether to go ahead with it or not

• Make decisions based on problem analysis using a common currency and calculate the net benefits

• Graph your decisions and the corresponding outcomes visually and calculate the best course of action

• Take advantage of many age old principles, guidelines and heuristics to make the wisest decisions

• Make optimal decisions in groups by using everyone’s inputs and prevent individuals from dominating the decision making process

• Use a structured method to collect and process opinions of a panel of experts while avoiding common group discussion issues

• Use a simple technique to encourage group participation and increase the likelihood of free expression of ideas