3 arrows

Popular Mirantis On Demand Training Courses Now 50% Off

closeClose

Making Effective Business Decisions

  • Tuition USD $595
  • Reviews star_rate star_rate star_rate star_rate star_half 2923 Ratings
  • Course Code 4516
  • Duration 1 day
  • Available Formats Classroom

As pressure to make better data-driven business decisions increases and the amount of data available continues to grow, leaders need to be able to think strategically and use the right information and approach to make decisions and optimize outcomes. The challenge is that there are many factors that can negatively impact your ability to make good decisions. Knowing what data is most relevant and understanding how personal biases and tendencies can positively and negatively impact results is critical to success.

In this workshop, you will gain the insight you need to maximize your ability to think strategically and make better decisions. Learn how to apply practical tools and models to improve the outcomes of your decisions.

Skills Gained

  • Strategic thinking, your thinking style, and your decision-making style
  • Biases in strategic thinking and decision making
  • Reaction to feedback about your decisions
  • How to use data to make better decisions
  • Tools to structure problems and make better decisions

Who Can Benefit

Leaders at all levelvice presidents, directors, managers, and supervisors

Prerequisites

Prework for this course should be completed one week in advance and brought to class.

Foundational people management is recommended but not required.

Though not a formal prerequisite, we strongly recommend students complete Active Leadership (8943).

Course Details

Introduction

  • What is an Effective Business Decision?
  • Common Biases in Decision Making
  • The Analyze-Decide-Act (ADA) Framework

1. Analyzing the Situation

  • Step 1: Define the Decision
  • Step 2: Gather and Analyze Data
  • Three Steps to Identifying the Right Data
  • Turning Data into Insight

2. Decision Making

  • Decision-Making Approaches and Styles
  • The Decision Analysis Model
  • Identifying Alternative Options
  • Priority Matrix

3. Maximizing the Results

  • Monitoring the Results
  • Assessing the Impact of Your Decision
  • Getting Feedback from Others
  • Biases that Impact Reflection or Reactions to Feedback

4. Summary and Action Plan

 

Perform Phase

  • Perform Phase Overview
  • Your Challenging Scenario Feedback and Reflection

When does class start/end?

Classes begin promptly at 9:00 am, and typically end at 5:00 pm.

Does the course schedule include a Lunchbreak?

Lunch is normally an hour long and begins at noon. Coffee, tea, hot chocolate and juice are available all day in the kitchen. Fruit, muffins and bagels are served each morning. There are numerous restaurants near each of our centers, and some popular ones are indicated on the Area Map in the Student Welcome Handbooks - these can be picked up in the lobby or requested from one of our ExitCertified staff.

How can someone reach me during class?

If someone should need to contact you while you are in class, please have them call the center telephone number and leave a message with the receptionist.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Does ExitCertified deliver group training?

Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.

Does ExitCertified deliver group training?

Yes, we provide training for groups, individuals, and private on sites. View our group training page for more information.

Very informative and helpful. Provided lots of extra resources and explained the process clearly.

It was a great course. I learned great and useful techniques to effectively utilize the program.

It was a very robust and well polished tool that helped greatly with the learning process.

I appreciated working with the virtual environments and getting hands-on feel for using the product and service.

I am very pleased with how the trainings are structured. They are very well prepared and bring a lot of value.

0 options available

There are currently no scheduled dates for this course. If you are interested in this course, request a course date with the links above. We can also contact you when the course is scheduled in your area.

Contact Us 1-800-803-3948
Contact Us
FAQ Get immediate answers to our most frequently asked qestions. View FAQs arrow_forward