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Decision Making Choosing the key to success

Decision Making in Times of Uncertainty

Executive education program in English

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 €

Program Structure

Day 1

Exploring rationality and intuition

  • Elements of a good decision
  • Group decision making in a multi-period setting
  • Mental biases in decision-making processes

Day 2

Implementing rationality and intuition

  • Keynote session with a guest speaker
  • Combining rationality and intuition
  • Integrating evidence-based decision making into leadership culture
  • Exploring decision-making styles

Teaching methods

  • Interactive lectures
  • Coaching
  • Decision-making guidelines
  • Experiential exercises
  • Business cases
  • Discussions with peers and faculty
  • Group work

Faculty

The programs have been designed – and will be led – by ESMT faculty members and ESMT visiting faculty. The diverse expertise of the program faculty ensures a holistic approach to your personal and professional development.

Postgraduate Diploma in Management

Participate in multiple programs and earn ESMT's postgraduate diploma in management — a university-level certificate that formally recognizes your professional development.

Registration of interest