Event Details

 09:30-17:00

PDF Outline

Who is it for?

This course is for managers at all levels who would like to be able to make and communicate better, faster decisions to support the organisation's objectives

Why you should attend

By attending this course you will be able to:

• Make good decisions and increase people's willingness to make decisions
• Use techniques for generating more ideas and better ideas and select the best option
• Link decisions to money e.g. costs and profit

What you will learn

Objectives and causes

• Multiple causes, common causes, assumed causes, causal direction
• Reliability of information - data versus information
• Generation of options
• Costing of current and proposed solutions
• Can a financial cost be put to everything?

Generation of options

• Brainstorming and involvement
• Mind maps
• Six thinking hats
• The Kepner-Tregoe process
• Evidence-based decision-making

Selecting between the options

• Decision trees with probabilities
• Rating charts
• Teams make better choices than individuals
• How to avoid Risky Shift
• Numbers vs. gut feel - which is best?
• If close, maybe it doesn't matter? Occams Razor
• When none of the options are good enough

Implementation

• Who When Where How
• Presenting conclusions and communicating decisions
• Putting a financial case
• Payback periods
• Risk assessment
• Sensitivity analysis

Do I need to bring anything with me?

Ideally come with one or two current decisions in mind. These might be yours or those of others in your organisation that are currently giving difficulties. Refreshments and a buffet lunch will be provided.

Want to upgrade to a management qualification?

Complete just one assignment to receive a CMI Award in Management for only £152 more!
Or, go further and include this as part of a Certificate or Diploma programme Certificate registration  - £288 Diploma registration - £695

Contact us on 01202 937600 for more details