Strategic Decision Making for Leaders - Executive Education at City University London - CASS Business School
Business decisions are ideally made when there's enough time to collect and analyse supporting that, in a way that allows for a rational choice to be made. However, most of today's leaders work in a sub-optimal world, when information or time isn't available and tough difficult decisions have to be made without the relevant information background.
Successful leaders need to know all the tools and techniques that enable them to make great decisions based on sound analysis. Additionally, they need to know when to use their intuition informed by experience. This programme works at both levels, focusing on the process and practice of decision making whatever the complexity of the situation.
Course participants in will gain relevant analytical tools to support their decision-making and learn how to use them. It will also give them a context to understanding the mistakes that most people make when making decisions intuitively. Understanding how to overcome typical errors leads to smarter decisions which achieve better results. By the end of the programme participants will have confidence in the strategic decisions they make.
Suitability - Who should attend?
Participants are required to read a case study and answer five questions which relate to the case. In addition, they need to identify a strategic decision they, their team or their organisation needs to make. It needs to be something they are prepared to share in the group, and on which they are prepared to talk about openly and receive peer input.
Outcome / Qualification etc.
By the end of the programme participants will have:
- Understood how and why strategic decisions fail or succeed
- Learned how to create the right environment that leads to great decision-making
- Analysed what gets in the way of making the right decision at the right time
- Understood the differences between decisions and outcomes
- Gained insights into the human factors side of decision-making
- Learned and used a series of important analysis tools and techniques that help make strategic decisions
- Analysed a decision that they want to take back into their workplace
- Transferred the learning to their personal context
Training Course Content
Day 1: Case study
The programme begins with a case study, unpacking what gets in the way of good decisions from a process and people perspective. This is further advanced with mini case studies that build on the pre-work. In addition group work and video analysis help unpack the cognitive and psychological factors that can cloud the decision-making process. The aim is to increase understanding and awareness of typical traps that leaders can fall into as they make complex decisions under pressure. Everyone will understand what to pay attention to and how important it is to focus on process rather than outcomes.
Day 2: Group work
After a solid grounding in the theory and how it works in case-based situations, day two sees participants start to work in smaller groups on their own decisions. This will be interspersed with plenary reflection.
The day has a two-fold purpose:
- to enable participants to work with tools after they return to their businesses
- to get input and feedback from their peers.
Once the programme has ended, participants will have access to extra on-line content and additional resources to help them lead the decision-making process back at work.
The cost of this training course is £2,395 (no VAT will be charged), which includes all meals and refreshments and course materials. Delegates will need to organise their own accommodation. There are preferential rates available at nearby hotels.
City University London
City, University of London is a special place. With skill and dedication, we have been using education, research and enterprise to transform the lives of our students, our community and the world for a hundred years. We are a leading...
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