EFFECTIVE DECISIONS

Making decisions is not just a question of gut feeling.

Decisions are the fuel that drives the engine of progress in an organization. Whether it's developing a new strategy, prioritizing a project or hiring a new team member, every decision has an impact and can affect the success or failure of an organization. As a leader, it is up to you to take the right steps to keep the organization on track.

In today's fast-paced and complex environment, it is especially important to master the art of decision-making. The amount of information available can be overwhelming and it can be challenging to differentiate between relevant and irrelevant data. Managers need to be able to handle this information overload and make smart decisions based on facts and experience. This is not just a question of gut feeling. An effective decision-making process is just as important as the result itself. A thorough analysis of the situation, considering the pros and cons and taking into account the opinions and perspectives of others are crucial to making an effective decision. Managers should be able to structure and manage decision-making processes efficiently.

In this module, we dive into the world of decision-making, which shapes both - our everyday lives and our professional practice. You will discover key concepts such as options, goals and risks and learn to distinguish prescriptive from descriptive decision theories. We explore the nuances of analytical and intuitive decisions and the differences between strategic, operational and everyday decisions. The module highlights both individual and collective decision-making processes and promotes a deep understanding of reflective decision-making through the Value-Focused Thinking model. It will also enable you to recognize psychological thinking traps and common decision-making myths.

Join us on this exciting journey to enhance your decision-making skills and make more informed decisions in both your personal and professional life.