Art and Craft of Decision Making (PP)

Start Date: Apr 17, 2017 End Date: Apr 22, 2017
Last Date for Application: April 3, 2017 Last Date for Early Bird: March 27, 2017
Programme Fee: 140000 INR

Plus, GST

Early Bird Fee: 130200 INR

Plus, 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. 
     
  • Problem Structuring
  • Managing Uncertainties in decision making
  • Multiple stake-holders’ perspective
  • Illustration from functional areas
  • Complexity of decision making in public systems
  • Behavioural aspects of decision making

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

  • 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
     

Faculty Chair

N. Ravichandran

Programme Faculty



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