Are we hiring the best people for the job? Should we choose the risky option or the sure thing? Should we aim for larger future gains or smaller immediate gains? How should we make rational decisions in uncertain times? What are the best strategies for negotiating an agreement? Should we trust gut feelings?
The Future of Jobs report by World Economic Forum concludes that decision making is the top skill that is expected to remain overwhelmingly ‘human’, which means it is a crucial skill that is hard to automate.
From classical to contemporary times, two skills remain essential in all professional settings: wise judgment and effective decision making. Grounded in theories and evidence from decision science, psychology, behavioural economics, and neuroscience, Leadership Decision Making is a real-life experiential course that teaches leaders like you how to answer tough questions, improve the accuracy of your estimates, and structure effective negotiations. Moreover, it teaches you how to design better decision environments—ones that reduce bias and inaccuracy—making your organization smarter. Rather than passively accepting information as it is given, you will transform information into new formulations—that is, become what we like to call ‘decision architects.’
Leadership Decision Making highlights cognitive insights for boosting decision making. This is a step above and beyond what is taught in standard MBA courses. The learning is applied to ‘your live decision’ during the course and not on pre-canned artificial cases, because there is no unique solution to any decision or policy problem – and, quite simply, no department or person is like another. In this course, cutting-edge research will be presented, some even before its release to the general public, and you will have the opportunity to interact with experts both during and after the course.