Optimize Your Decision Making: Managing Uncertainty and Anticipating the Unexpected

IMS

What are the topics?

IMS

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About the course

Every organization, whether for-profit or not-for-profit, whether publicly traded or privately held, whether large or small, must balance the need for positive short-term results and positive long-term results. Fundamentally, the management behaviors and practices for meeting short-term objectives are vastly different than those necessary to meet long-term objectives. Often mid-level managers must excel in both areas. This session explores best practices in achieving these results. Embedded in the session are decision-making behaviors, cultural enablers, predicting versus managing the uncertainty of the future, and building adaptability into longer-term strategic initiatives. The session is highly interactive and builds on current case studies.

Topics

10% General Framework for Meeting Organizational Objectives

  • Results tangible outcomes that are value-focused
  • Defining customers and customer value
  • Process how to achieve results
  • Enterprise Mindset
  • Defining the enterprise
  • Cultural Enablers
  • Defining the overarching culture

20% Introduction to the Decision Making Foundation

  • Data analytics
  • Judgment
  • Critical thinking
  • Individual decision style

30% Achieving Short-Term Organizational Objectives

  • Important elements of execution
  • Clarity of frames
  • Short-term agility
  • Unity
  • Role of data analytics
  • Continuous improvement
  • Empowerment
  • Alignment of incentives
  • Accountability
  • Prioritization of objectives

30% Achieving Long-Term Organizational Objectives

  • Move from prediction to managing variability and ambiguity
  • Judgment and critical thinking
  • Diversity of thought
  • Broader frames
  • The learning culture
  • Inquisitiveness
  • Adaptability
  • Continuous scanning
  • Knowledge management
  • Sharing across the enterprise

10% Conclusion

  • Case study
  • The short-term / long-term balance

Experts

Kathy Pearson

Kathy Pearson is Founder and President of Enterprise Learning Solutions, a firm focused on executive development. She is a Senior Fellow at the Leonard Davis Institute of Health Economics at the University of Pennsylvania and has also served as an adjunct associate professor in the Operations and...

Videos and materials

Optimize Your Decision Making: Managing Uncertainty and Anticipating the Unexpected at IMS

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

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