The Fundamentals of Decision-Making course is designed to provide professionals with the essential skills and techniques required to make informed, strategic and data-driven decisions. This comprehensive program, organized by the Oxford Training Center, provides participants with an in-depth understanding of the decision-making process, critical thinking methods and problem-solving strategies that are vital in today’s dynamic business environment.
Effective decision making is a core competency for executives, managers and professionals who need to analyze situations, evaluate options and implement successful strategies. This course on the fundamentals of decision making combines theoretical insights with practical applications to enhance participants’ ability to make confident, rational and effective decisions. Whether you are facing complex business challenges or trying to improve your organization’s results, this decision strategy training will give you the tools to succeed
By attending this Professional Decision-Making Course, participants will gain expertise in using Decision Making Tools and Techniques, understanding behavioral biases, and developing Critical Decision Making Techniques that ensure optimal results.
Objectives and Target Group
Objectives
- Understand comprehensively the decision-making process and key determinants.
- Develop efficient decision-making skills using systematic methods and frameworks.
- Apply critical decision-making techniques to real-world business applications.
- Enhance problem-solving skills to minimize risks and uncertainties through decision analysis.
- Improve leadership abilities by engaging in strategic decision-making sessions for high-impact decisions.
- Utilize data-driven approaches to apply analytics and insights in decision-making processes.
- Identify and overcome mental biases that influence business decision-making.
- Develop effective decision-making strategies that contribute to organizational success.
- Increase adaptability and confidence in making rapid and effective decisions under pressure.
- Apply pragmatic decision-making skills to enhance efficiency and productivity at both individual and team levels.
Target Group
This Leadership Decision Making Training is ideal for professionals across various industries who want to refine their decision-making capabilities. The course is tailored for:
- Business executives, managers, and team leaders responsible for strategic planning and operational decisions.
- Entrepreneurs and business owners seeking to improve their business decision-making training skills.
- Project managers and coordinators needing to make timely and effective decisions under pressure.
- Financial analysts, consultants, and strategists involved in decision analysis and problem-solving.
- HR and administrative professionals aiming to enhance their decision-making tools and techniques.
- Government officials and policy makers who play a role in formulating regulations and strategic decisions.
Course Content
1. Introduction to Decision Making
- Definition and importance of decision making
- Overview of decision-making methods and tools
- Decision-making frameworks and models
2. The Decision-Making Process
- Structured decision-making steps
- Identifying and analyzing problems effectively
- Gathering and evaluating data for informed decision making
3. Types of Decision Making
- Strategic vs. operational decision making
- Individual vs. group decision making
- Intuitive vs. analytical approaches
4. Critical Thinking and Problem Solving
- Decision analysis and problem-solving techniques
- Root cause analysis and brainstorming methods
- Decision trees and cost-benefit analysis
5. Leadership and Strategic Decision Making
- The role of leadership in decision making
- Strategic decision-making workshops and real-world scenarios
- Risk assessment and contingency planning
6. Behavioral Influences on Decision Making
- Cognitive biases and their impact
- Emotional intelligence in decision making
- Avoiding common decision-making traps
7. Technology and Decision Making
- AI and big data in business decision making
- Risk management and predictive analytics tools
- Case studies on technology-driven decision making
8. Case Studies and Practical Application
- Hands-on exercises on decision-making processes
- Industry-based case studies
- Group discussions and simulations