Better decision making in a volatile and uncertain environment
Today’s business leaders are increasingly forced to make quick decisions. Good managers will set out with the intention of making a reasoned and well-thought-out judgment call, yet a rational approach to tackling decisions is only one side of the story. Too often, too much emphasis is placed on intuition, and personal biases begin to influence – and fatally flaw – the decision-making process. This tendency should be balanced with objective analysis.
Decision Making in Times of Uncertainty looks at both sides of the equation. Practical experience is merged with up-to-date theoretical concepts. In addition to discussing business case studies with your international peers and ESMT’s distinguished faculty, you will take part in individual and group exercises and tackle common decision-making challenges.
Your profile
- Professionals and managers in all functions who are actively engaged in decision making in times of increasing volatility and uncertainty.
Benefits
- Designing decision-making processes that combine rationality and intuition
- Learning how to avoid common decision-making mistakes
- Recognizing your own biases to prevent them from influencing your decisions
- Understanding how to best utilize big data and evidence-based decision making
Topics
- Making good decisions
- Understanding decision-making psychology
- Optimizing group processes
Date and Location
Date: tbd
Duration: 4 days
Location: tbd
Price: 2,800 €