Strategic Decision-Making for Senior Managers

Formats: 12-hour virtual course  |  3-day instructor-led onsite

This course is designed to improve the ability of senior managers to make and execute strategic decisions. We will teach you decision processes and executive strategy that addresses leadership challenges facing senior managers in today’s global marketplace. You will learn to make data-driven decisions and promote a culture of execution.

Learning Objectives »

  • Consider the impacts of organizational and.
    environmental factors on decision-making.
  • Apply ethical principles to decision-making.
  • Mitigate the effects of cognitive biases and heuristics.
  • Resolve interpersonal barriers and improve dynamics.
  • Apply the steps of the decision-making process.
  • Successfully implement decisions in your organization.
  • Present decisions to executives, stakeholders, and
    regulators in a decision briefing.

Course Agenda »

Culture and Environment

  1. Review of Decision-Making Model
  2. Challenging Complacency
  3. Safety Culture

Decision Makers

  1. Deciding how to Decide
  2. RAPID Decision-Making Roles
  3. Vroom Yetton Model
  4. Ethics in Decision-Making
  5. Interpersonal Dynamics
  6. Mitigating Group Think

Decision-Making Processes

  1. Decision Phase Framing/Reframing
  2. Matrix Causal Tools
  3. Defining the Goal
  4. Decision-Making Phase
  5. Generate options
  6. Analyzing Information and Options
  7. Criterion-based Analysis
  8. Weighted Model
  9. Paired Comparisons
  10. Decision Tree Analysis
  11. Regression Analysis

Strategic Implementation

  1. Putting Strategy into Action
  2. Planning-Monitoring-Controlling Cycle