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Certificate in Management Decision Making
Course Objectives
Objectives
Introduction to Management Decision-Making
Definition and Importance of Management Decision-Making
Role of Managers in Making Effective Decisions
Overview of the Decision-Making Process
Understanding Decision-Making Model
Rational Decision-Making Model
Steps Involved in the Rational Decision-Making Process
Factors Influencing Decision-Making
Individual Decision-Making Biases
Impact of Biases on Decision-Making Outcomes
Techniques for Effective Decision-Making
Analytical Decision-Making Techniques
Ethical Considerations in Decision-Making
Ethical Decision-Making Frameworks
Identifying Ethical Dilemmas and Making Ethical Choices
Decision Implementation and Evaluation
Strategies for Effective Decision Implementation
Monitoring and Evaluating Decision Outcomes
Key Performance Indicators and Metrics
Feedback Loops and Continuous Improvement
Quizzes
Quizzes
Conclusion
Conclusion
Individual Decision-Making Biases
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