Good decision-making is an important skill. For managers to be successful in business, it’s crucial that they have good leadership decision-making skills as business continues to become more competitive. And yet decision-making tools are rarely taught. After completing this course, you’ll understand the decision-making process in management. You’ll know how to make better decisions at work by identifying the five primary styles of decision-making and how to apply best practices for making better decisions.
We make decisions every day, from deciding when to get out of bed, to what to eat for breakfast, and thousands more. Some decisions have little impact, but some bigger, management-level strategic decisions have wide-reaching consequences. Decision-making tools are important in our personal lives, but even more critical is good decision-making for managers so they can reach their goals. You can also become a more intuitive decision-maker. In this course, you’ll learn better decision making by understanding the five primary styles of decision-making, helpful decision-making tools, and best practices for making better decisions, as well as learn how to apply the decision-making process in management.
Learning objectives
- Understand how the effectiveness of decision-making relates to an organization’s goals
- Learn the ongoing processes that require making choices, including evaluating the current business situation and following up with action
- Discover what kind of decision-maker you are from the five different styles of decision-making
- Review the tools available to help you make better decisions
- Understand the barriers that prevent you from making good decisions
Skills you’ll gain
Decision MakingDecision ModelsDecision AnalysisDecision ScienceGroup Decision MakingStrategic Decision MakingWhat You'll Learn
- Understand the decision-making process in management and how it relates to an organization's goals
- Identify the five primary styles of decision-making and discover what kind of decision-maker you are
- Apply decision-making tools such as flowcharts, decision matrixes, T-charts, and cost-benefit analysis
- Use approaches like consulting with experts, feasibility studies, and group decisions to make better choices
- Recognize the barriers that prevent good decisions, including analysis paralysis, cognitive bias, time constraints, and comfort zones
- Apply best practices for making better decisions at work
Key Takeaways
- Good decision-making is an important skill for managers as business becomes more competitive, yet decision-making tools are rarely taught.
- The effectiveness of decision-making is tied to an organization's goals, and decision-making is an ongoing process that includes evaluating the current business situation and following up with action.
- There are five primary styles of decision-making, and identifying your own style helps you make better decisions.
- Tools such as flowcharts, decision matrixes, T-charts, cost-benefit analysis, consulting with experts, and feasibility studies can support better decisions.
- Barriers like analysis paralysis, cognitive bias, time constraints, and comfort zones can prevent good decision-making.
Frequently Asked Questions
Who is this course for?
It is aimed at managers and anyone who wants to improve their decision-making skills, since good leadership decision-making is crucial as business becomes more competitive.
What will I learn in this course?
You'll understand the decision-making process in management, identify the five primary styles of decision-making, review the tools available to help you make better decisions, and understand the barriers that prevent good decisions.
What decision-making tools does the course cover?
The course covers tools including flowcharts, decision matrixes, T-charts, cost-benefit analysis, consulting with experts, and feasibility studies.
What barriers to good decision-making does the course address?
It addresses barriers such as analysis paralysis, cognitive bias, time constraints, and comfort zones.
What skills will I gain?
You'll build skills in decision making, decision models, decision analysis, decision science, group decision making, and strategic decision making.
Transcript
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Managers are tasked with solving problems within an organization, which requires the ability to make good decisions. Decision-making and problem- solving, as you know, are ongoing processes that require: evaluating the evolving business situations, considering all the alternatives, making choices and following up with action. This course is designed to help managers, like yourself, make better decisions by understanding what type of decision-maker you are, the decision-making tools available to you and how to overcome the barriers that can often prevent good decision-making. Are you ready to start making better decisions? Great, let's get started.
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