Comprehensive course analysis
Who should attend
Middle to senior-level leaders who are responsible for making complex decisions in their organizations
About the course
Think Strategically and Make Better Decisions
Many executives report that making decisions is one of their biggest professional challenges. This workshop examines the art and science of strategic decision making. Learn how to identify the most strategically important dimensions on which to ground your decisions, and find your best options. Practice proven techniques for making better strategic decisions in the face of complexity, uncertainty and conflicting objectives.
Online program format
Day One focuses on individual strategic decision making, while Day Two examines group decision making.
Each day of the program includes facilitator-led online sessions in real time, with ample breaks provided. These include interactive group exercises and a simulation, which you will experience in real time with your peers. You will also have access to self-directed resources (readings, videos, self-assessments etc.) that you can review at any time.
Benefits for you
- Analyze the problems you wish to resolve, and link decision-making issues to strategic goals
- Articulate your corporate strategy, to ensure your team keeps moving in the right strategic direction
- Make strategic decisions involving multiple goals and stakeholders
- Perceive your environment from multiple angles to discover strategic options and predict consequences
- Structure your strategic planning with a systematic decision analysis and problem-solving framework
- Avoid unconscious biases and common decision-making traps that lead to fallacious reasoning and unfavorable outcomes
- Improve the efficiency and quality of team decision making, without sacrificing consensus
- Putting the “strategy” into strategic decision making: strategy, vision and values-based decision making, translating corporate strategy into day-to-day decisions, out-thinking your competition with game theory, managing conflicting objectives
- Frameworks for improving decision making: characterizing risk, uncertainty and opportunity, quantifying goals and identifying alternatives, tools for multi-goal decision making, staged decision making and decision tree models, scenario building and strategic planning
- Decision biases and traps: cognition and decision making, intuition vs. analysis, identifying your own decision style, awareness and control of biases, financial planning biases, group decision making and group decision traps
This workshop combines case studies, group activities and simulation to explore the concepts and tools of strategic decision making. You will apply what you are learning to your own strategic decisions, and you’ll receive worksheets and guides for making better strategic decisions back at your organization.
Steven is a faculty member in the Strategy and Business Economics Department at the Sauder School of Business. His interests include business strategy, innovation, decision making and public policy. Formerly he was Head of Project Management at Taylor Woodrow, an international development and inf...
Videos and materials
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.