Art and Craft of Decision Making

Start Date:Mar 19, 2018 End Date:Mar 21, 2018
Last Date for Application:March 5, 2018 Last Date for Early Bird:February 26, 2018
Programme Fee: 80000 INR

Plus 18% GST

Early Bird Fee:74400 INR

Plus 18% GST

Bias for action is the core of management profession. Decisions precede action framework. A complex managerial decision requires a judicious consideration of the context, data, consequences, risks and (diverse) perspectives of stakeholders. This program intends to help participants observe, understand and reflect decision making in multiple perspectives from the realms of operations research, artificial intelligence, human capabilities and behaviour.

  • To enable participants to structure a problem context, generate alternatives, evaluate them on a multiple set of criteria.
  • Examine the decision making process from the outcome from a pragmatic perspective.
  • To appreciate the complexity of decision making, when multiple stake holders are involved.
  • To draw knowledge and insights from behavioural sciences in instilling appropriate decisions in a context.
  1. Problem Structuring
  2. Managing Uncertainties in decision making
  3. Multiple stake-holders’ perspective
  4. Illustration from functional areas
  5. Complexity of decision making in public systems
  6. Behavioural aspects of decision making
  • Middle level managers with 5-10 years of experience in public, private and not-for-profit governmental organizations and multinationals.
  • Owner managers of SMEs
  • Executives holding key positions in family business

Case based; Discussions and analysis in the context of ground realities.