The seminar can be held online on the official International Business Academy platform. On completion of the training you will be given a link to the recording, which will be available for one month.
*dates are subject to additional confirmation
excluding VAT
* VAT of 16% will be added to the invoice
Programme goal:
Training managers and specialists in methods of improving the quality of corporate and management decisions based on the Decision Quality (DQ) methodology. The programme aims to build participants' skills in structuring the logic of decisions, evaluating alternatives and analysing uncertainty, which makes it possible to increase the effectiveness of corporate governance and reduce the risk of unsuccessful strategic and operational decisions.
Objectives:
Skills developed:
Criteria for participation in the programme:
Target audience and the value of participation for each group:
I. Introduction
Getting acquainted/ introduction/ course overview/ participants introduce themselves
II. The approach to improving decision quality
The power of decisions. Requirements for decision quality
On the way to quality decisions
III. The six requirements for quality decisions
1. An appropriate decision frame
The components of the decision frame
Assessing the quality level of the decision frame
2. Creative alternatives
Characteristics of good alternatives
A tool for identifying alternatives
Assessing how well the alternatives have been worked out
3. Relevant and reliable information
Information from the decision-making point of view
The decision tree as a structuring tool
Assessing information quality
4. Clear values and priorities
Values and priorities for decisions
Values in business
5. Sound reasoning
Reasoning in ordinary and complex situations
The relevance diagram as a tool for structuring complex decisions
The «Tornado» diagram — a tool for visualising the relevance of information
Range diagrams — a tool for visualising overall uncertainty
6. Commitment to action
Two types of thinking: decision and action
Commitment through participation and ownership
IV. How to achieve high decision quality
Fallacies and traps in decision-making
Mega-biases
Achieving quality in strategic decisions (case)
Achieving quality in important decisions (case)
Answers to questions. Course completion