A Decision Making Primer – A Qualitative & Quantitative Approach

A Decision Making Primer – A Qualitative & Quantitative Approach

Managers and executives make decisions on a daily basis. However the process of doing so can be haphazard under a veneer of practicality and simple priority setting. Challenges surface quickly when there are equally important goals to be met. Choices may often be made without a clear deconstruction of the decision making process. 

This full day course provides the participant with a systematic way to tackle problematic decisions. These can involve a choice between the “devil and the deep blue sea” dilemma facing managers. Alternatively, it can also involve multiple outcomes, all of which are desirable but only one choice can be made. 

Course outline:

  • Lectures on academic theory on decision making
  • Concepts will include:
  • A qualitative theoretical framework to bound the chaotic nature of decision making
  • A numbers driven, calculated approach towards the best outcome and the quantification of results
  • Participants will discuss some of their decision dilemmas and implement the techniques learned in the course

An industrial professional with a doctoral qualification will conduct the course.

After attending the course, participants will be able to:

  • Deconstruct the decision making process into a clearer framework
  • Obtain clarity into decision making components which are often conflated
  • Utilize quantitative techniques to complement their experience and the qualitative techniques taught

Course Fee: S$468 per participant

7 Jun 2017, Wednesday

930am to 500pm

Venue: Singapore Management University

This course is meant for:

Managers who make decisions daily and require a more rigorous approach towards their choices

Senior management who wish to have a quantitative tool to supplement their experience when making important decisions

Professionals who do not have a hard sciences academic background

(It is best that participants have industrial experience as there will be discussions and interactions amongst the participants)