Online Programmes
Judgement and Managerial Decision Making
Length
1 month
Start Date
May 5, 2020
Fee
N35,000
Location
Online

A recent World Economic Forum report on The Future of Jobs lists complex problem solving, critical thinking and decision making as three of the top 10 skills required to succeed in the workplace. Managers and executives, on all levels, are daily faced with tough decisions that have implications for organisations.

At the heart of every decision Is the desire to solve a problem, whether defined in terms of a deficiency or an opportunity. Formal economic models of decision-making often begin with the assumption that we are inclined to make choices that leave us as well off as possible. However, research and experience that we often make choices that are either suboptimal or opposed to our best interests

 Research also suggests that two forms of mental operations are involved in decision making: one is rational, systematic and analytical while the other is effective, instinctive and intuitive. Therefore, to make more optimal choices, we must understand how these dimensions interact in time-bound and uncertain contexts. 

Key Learning Outcomes

This online course will equip you with the knowledge required to develop your decision-making skills in today’s world. At the end of the course, you will be able to: 

  • Understand the context of a decision
  • Analyse and generate options for solving problems 
  • Evaluate said options 
  • Choose the most plausible option that will help make an informed and rational decision
  • Collect feedback on your solution to determine the effectiveness of your decision 

Programme Modules:

  • Module 1: Rational decision making 
  • Module 2: Problem analysis and diagnosis 
  • Module 3: Cognitive biases in decision making 
  • Module 4: Decision making in a complex and uncertain world

Target Audience

This programme will develop the crucial decision-making skills that will enable you to make data-driven decisions for your organisation. This will ensure that your decision- making process is systematic and that you are making optimal choices.

 

Faculty

  • Dr Yetunde Anibaba

A very rich and rewarding experience comparable to the best practices. A rich program both in theory and in case studies. Very high level faculty with relevant industry experience.”

Upcoming Sessions

Currently, there are no upcoming sessions


Apply
  • The Programme Manager will get in touch with you as soon as your application is received

    Please call Efosa on 07019900758 or send an email to execedsales@lbs.edu.ng

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