Mastering Strategic Decision Making in London

BMC Training provides on Mastering Strategic Decision Making course [Management and Leadership] on 3 Dec 2023 in London,UK.

Course Description

Introduction

Every organisation is unique, with its own strategic objectives, capabilities and strategic options – and that strategic decision making is at the core of any successful strategizing process. For these reasons our approach is focused on enhancing strategic decision making capabilities, recognising that both analysis and intuition are necessary for high-quality decision making.

This unique programme is designed to enhance your decision capabilities when confronted with strategic choices, when searching for decision opportunities, and when designing strategies – both in conditions where there is sufficient time to conduct analyses and when there is only time to choose intuitively. The programme will improve your analytic and intuitive abilities to make strategic decisions under such tough conditions.

objectives

Facing a series of tough and provocative decisions, you actively develop powerful insights into effective decision processes and styles, and:

  • Avert common decision traps
  • Deepen sophistication in exercising judgment and thinking more strategically
  • Design more effective decision processes
  • Explore the characteristics of processes that enable organizational learning and facilitate the integration of strategic thinking, judgment, data and decision making
  • Identify the right questions, use appropriate frameworks and avoid over analyzing
  • Improve business performance by developing a deep understanding of what drives effective and ineffective decisions
  • Promote more cooperative decision making in situations where cooperation can lead to better outcomes
  • Transform risk into opportunity.

Contents

Day One

Leading Strategic Decision-Making

  • 7 Key Steps of Strategic Decision Making
  • Framing of decisions
  • Asking the right questions
  • Cognitive biases and mistakes
  • Group decision making
  • Creating an effective decision-making process

Day Two

Strategic Decision Analysis and Quality

  • Harnessing uncertainty and risk
  • Structuring decisions
  • Incorporating uncertainty
  • Valuing additional information and greater control
  • Understanding and managing risk

Day Three

Strategic Innovation and Design Thinking

  • Analyzing an industry
  • Constructing a constellation of insights
  • Fitting the pieces together
  • Evaluating consequences
  • Creating uniqueness
  • 6 Thinking Hats

Day Four

Value-Driven Enterprise Risk Management

  • Decisions reflect values; values drive decisions
  • Identifying values
  • Risk assessment matrix
  • Caution vs. Courage
  • Understanding tradeoffs
  • Shaping alternatives

Day Five

Collaborative Decision-Making and Negotiation

  • Using appropriate analyses
  • Staging decisions
  • Prioritise
  • Incorporating options
  • Integrating multiple perspectives
  • Converting Strategy into Action
Where will the course be held?

The course will be held in Paddington. The exact address and directions will be provided to all enrolled participants prior to the start of the course.

What topics will be covered in the course?

The course will cover a range of topics related to the subject matter, including but not limited to the topics of Mastering Strategic Decision Making outlines. By the end of the course, you'll have a solid understanding of the key concepts and techniques in the field, and be able to apply them to real-world situations. Detailed course outlines and learning objectives will be provided to all enrolled students prior to the start of the course.

What is the schedule for the course?

The course is expected to run for 3 hours from 3 Dec 2023 To 7 Dec 2023 . The exact schedule and timing will be confirmed and communicated to all enrolled students via email at least 2 days prior to the course start date.

What do I need to bring to the course?

All you need to bring is yourself, a notepad or laptop for taking notes, and a willingness to learn! We'll provide pens, paper, and any required textbooks or handouts.

What is the instructor's background and experience?

Our instructors are seasoned industry professionals with over 10 years of experience in the field. They hold a master's degree in the subject matter and have a proven track record of success working with trainees of all levels. You'll have plenty of opportunities to ask questions and get feedback throughout the course.

What are the T&C for this course?

Please visit our Terms and Conditions page

What kind of certificate will I receive upon completion of the course?

Upon completion of the course, you will receive an attendance certificate indicating that you have completed the course. This certificate is not accredited or recognised by any particular institution or organisation, but it can be used to demonstrate your commitment to continuing education and professional development.

Course Details
  • Code MNG202
  • City London
  • Location Paddington
  • Start Date 3 Dec 2023
  • End Date 7 Dec 2023
  • Availability Confirmed
  • Language English
  • Certificate Yes
  • Fees 4700 GBP
  • Whatsapp 00447493377144