Strategic decision making for executives
Overview
Executive Directors set strategies and manage operations by weighing a vast array of factors to arrive at the right balance of risk and reward. They contend with high level of uncertainty, multi-functional teams, and changing competitive landscapes which make decision making hard and its consequences difficult to predict.
This programme is designed to unravel the complexities of executive decision making and explore best practice and behaviours that lead to consistent decision-making habits. Using a blend of tested approaches, participants will learn how to effectively use decision making techniques, critical thinking and gain a deeper understanding of the role personal judgement and emotions play in the executive decision making process.
Target Participants
- Executive Directors
- Chief Executive Officers
- Heads of Divisions
Programme benefits:
At the of the programme, participants will be able to;
- To establish decision making processes that work across organisational silos and enterprise boundaries
- Become alert to systematic cognitive biases and traps that operate on individuals and groups and learn how to overcome them.
- How to clearly define and frame complex issues using generating and focusing tools
- When it is and is not appropriate to use consensus decision making models
- How to quickly and effectively identify root causes and analyse problems
- To identify and select priorities for both the decision making process and stakeholder selection process
- Effective ways to choose the appropriate level of stakeholder involvement and communicate with each individual
- A resilient framework for analysing decisions with multiple objectives and uncertainties;
- Hands-on experience on modelling strategic objectives and value trade-offs, as well as uncertainties and risks;
- How to assess the performance of strategies and choose high-value strategic options;
What it will cover?