Decision Making and Strategic Execution

LIMRA International

How long?

  • 2 days
  • online

LIMRA International

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Who should attend

This program is designed for leaders who are called upon to make complex decisions, and would like to deepen their understanding of how to overcome the impact of cognitive biases and improve their decision-making capabilities.

About the course

In today’s volatile, complex, and uncertain world, organizations often have difficulty making and implementing effective decisions. Decision Making and Strategic Execution first outlines the need for critical thinking skills to raise the probability of good outcomes. It will discuss common cognitive biases and the critical thinking behaviors that can mitigate their effects. Next, it addresses executing on strategic decisions — by exploring barriers and best practices, with particular emphasis on building agility into the execution process.

  • Understand the tension between short-term and long-term objectives.
  • Identify specific behaviors to mitigate the effects of cognitive biases.
  • Utilize tools to make a final decision, even in a consensus-driven environment.
  • Determine best practices in strategic execution.
  • Promote an enterprise mindset, including strategic management of key stakeholders.
  • Build adaptability into decisions with major uncertainties in the implementation process.

Sample Agenda

Day 1:

  • Framework for Making Short-Term Versus Long-Term Decisions
  • Framing the Issue: Clarity
  • Experiential Frames
  • Confirmation Bias
  • Availability Bias
  • Overconfidence Bias
  • Group Decision Making and Decision Rights

Day 2:

  • Relationship Between Strategy and Execution
  • Barriers to Strategic Execution
  • Comprehensive Execution Research
  • Decentralization and Experimentation
  • Stakeholders Models and the Importance of Trust
  • Clarity of Intent
  • Strategic Agility and Tools
  • Characteristics of Learning Organizations

Experts

Kathy Pearson

Kathy Pearson, PhD is a strategist, systems thinking expert, and authority in decision making. She is President and Founder of Enterprise Learning Solutions, a firm focused on executive development and learning across industries. Kathy is an Adjunct Senior Fellow at the Leonard Davis Institute ...

Decision Making and Strategic Execution at LIMRA International

From  $4,800
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