Effective decision-making - micro course

Have you ever felt like you're rushing and using instinct to make important decisions? Decision-making is a critical business skill, and you need to be able to approach these moments in a thoughtful way and decide on the best course of action. Having a set of tools to guide decision-making can help finance professionals take a rational approach to gathering data, analysing, and drawing conclusions. This approach can help you to overcome the situational pressures that can encourage you to take shortcuts and make hasty decisions.

This micro course aims to provide learners with a series of tools they can employ, and the factors they need to consider in each decision they make.

Benefits of attending this micro course:

• Learn about a range of tools and decision-making models you can employ to improve the quality of your decisions
• Explore a decision-making process that facilitates systematic appraisal of the options, potential outcomes, and factors affecting the decision
• Learn to employ a thoughtful, robust approach to decision-making that counteracts the situational pressures to make hasty decisions.

By attending this micro course, you’ll be able to:

• Discuss a range of decision-making models that can be applied and identify when they can be useful
• Identify a process for making decisions, and the steps to be followed at each stage
• Identify the criteria to apply to assess options
• Identify a range of tools to support decision-making and when they can be useful
• Discuss the methods and benefits of involving others in your decision-making process, including idea generation and overcoming bias
• Reflect on how inter-personal conflict can arise through the decision-making process and discuss strategies for managing conflict