Who should attend
- New Leaders
- Senior Leaders
- General Managers
- Department Heads
- Any business professional who regularly makes decisions that impact the success of their functions or organizations
- A group of colleagues or team who would like to advance their skills together
About the course
From the mundane to the momentous, decision-making is a necessary and daily task for professional leaders. Despite this reality, many business leaders rarely focus on leader development opportunities that explore the decision-making process or build their confidence and critical thinking skills. Without this professional growth, many executives miss the chance to address confirmation bias and implement decision-making strategies that sustain the survival of their company and career.
The Executive Decision Making with Data Science program provides executives with essential training in decision-making skills to empower them to overcome biases, problem-solve, and adopt data-driven decision-making skills.
Professor Don Moore guides participants to learn the fundamentals of decision-making, how mining big data can impact judgment, and how critical thinking can minimize harmful short-term decisions. The program increases the participants’ ability to evaluate and apply discernment so that trivial information is subdued and practical decision-making tools are enabled to ensure successful business outcomes.
Sharpen Your Decision-Making Intuition
Curb overconfidence by learning how your intuition guides you. Overcome the mind traps that can impair effective decision-making.
Harness the Power of Data
Develop the skills to effectively execute data mining and extract crucial information from big data sets to perform analyses. Utilize data analysis to build a solid foundation of evidence and inform better business decisions and strategies.
Apply Advanced Tools & Build Your Confidence
Explore advanced tools (such as pre-mortems) to help you build confidence and think creatively to problem solve in the face of risk and uncertainty.
Enable Sustainability & Long-Term Decision Making
Learn how to anticipate the downstream effects of decisions and maintain critical thinking skills while balancing trade-offs and considering larger business goals.
The Executive Decision Making program curriculum covers the following topics:
TOPIC 1 | Thinking Critically About Information
- Distinguishing between trivial and vital data
- Experiments vs. observational data
- A/B testing and experimental design
- Balancing the interests of different stakeholders
TOPIC 2 | Rational Decision Making
- Tools for rational decision making
- Thinking through uncertainty and probability
- Assessing risk and reward with expected values
- Using pre-mortems to anticipate and prevent future disasters
- Thinking through complex contingencies
- Applying rational tools in complex organizations
TOPIC 3 | Avoiding Decision Mind Traps
- Biases in judgment and decision making
- Common problems with how people collect, analyze, and interpret data
- Cognitive shortcuts that inhibit the decision-making process
- Short-term thinking that imperils your long-term interests
TOPIC 4 | Sustainability and Long-Term Decision Making
- Thinking about the larger goals of your business
- Understanding the relationship between sustainability and strategy
- Trading off competing interests
- Anticipating the downstream consequences of your decisions
TOPIC 5 | Effective Decision Making in Practice
- Changing habits of mind that aren’t serving you
- Changing dysfunctional organizational routines
- Coaching those with whom you work to help them make better decisions
- How effective decision-making strategies affect the qualities of a good leader
- Applying these lessons in daily life
Education PhD, Economics, Stanford University H.Dip, Mathematical Sciences, University College Dublin BA, Economics and Psychology, Georgetown University Positions Held At Haas since 2010 2010 – present, Assistant Professor, Haas School of Business External Service and Assignments ...
Education PhD, Organization Behavior, Northwestern University MS, Organization Behavior, Northwestern University BA Magna Cum Laude, Psychology, Carleton College Positions Held At Haas since 2010 2016 – present, Professor, Management of Organizations Group, Haas School of Business 2...
Education PhD, Psychology and Business, University of Chicago Booth School of Business (Behavioral Science), University of Chicago (Social Psychology) MBA, University of Chicago Booth School of Business 2012-2014 MA, Social Psychology (Minor: Advanced Methods and Statistics),The University of...
Education Ph.D., Doctoral School of Organization & Management Studies, Copenhagen Business School MBA, International Business, University of Minnesota B.S., Industrial Engineering, University of Wisconsin Positions Held At Haas since 2014 2014 – present, Executive Director, Ber...
David Bamman is an assistant professor in the School of Information at UC Berkeley, where he works on applying natural language processing and machine learning to empirical questions in the humanities and social sciences. His research often involves adding linguistic structure (e.g., syntax, sema...
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Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.