Decision Quality: Make the Right Choice Every Time
September 30 - October 1, 2024 | 8am-5pm
UT Campus or Live Online ($3,350) | On-Demand - Online ($1,295)
Course Details
ENROLL IN THIS COURSE
Upcoming Sessions
Class Details
Strategic Decision and Risk Management
Date
On Demand
Instructors
Eric Bickel
Bruce Judd
Location
Online
| Decision Quality: Make the Right Choice Every Time |
Strategic Decision and Risk Management |
|
|
Date On Demand |
Instructors Eric Bickel Bruce Judd |
Location Online |
|
Class |
Concentration |
Date |
Location |
Instructors |
|
|---|---|---|---|---|---|
| Decision Quality: Make the Right Choice Every Time |
Strategic Decision and Risk Management |
On Demand |
Online |
Eric Bickel Bruce Judd |
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FRAME STRATEGIC CHOICES & GENERATE ALTERNATIVES
You make decisions every day that affect your success. Leveraging an appropriate framework allows you to define the requirements of a quality decision and embrace uncertainty to your advantage. Learn how to frame strategic choices, generate alternatives, develop credible forecasts, quantify uncertainty and judge the quality of a decision at the time it is made.
What You'll Learn
Decision Criteria
- Identify decision criteria with a clear line of sight to your corporate values
- Leverage creative methods and analytic thinking to identify alternatives
- Frame your decisions to establish a solid foundation for your process
- Utilize sensitivity analysis to identify key risk factors
- Overcome motivational and cognitive biases to assess probabilities
- Structure and evaluate decision trees to reduce uncertainty
Analysis to Drive Results
- Discover what it takes to transform decision-making into a core competency of your organization
- Draw insights from your analysis and communicate results that produce action
Collaboration Tools
- Learn a powerful collaborative Dialogue Decision Process to address complex issues
- Collaborate in an interactive team environment on a complex decision, applying tools and techniques to a practical situation
Attending this Course
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Individuals
Those who want to make better decisions, especially when outcomes are uncertain and when risks include financial and non-financial impacts. -
Teams
Organizations often send pairs or small teams, to support the launch of new initiatives. -
Requirements & Credit
There are no formal prerequisites for SDRM classes, but we recommend starting with Decision Quality (this course) to learn the fundamentals. Participants earn 1.4 CEUs and/or 14 CPEs for this course, as well as a certificate of completion.
Looking for University Credit?
Our classes are available for university credit. Please contact Elizabeth Krieg for more information.
Dr. Bickel was clear and adjusted his style and output to meet the needs of the students. Enjoyed the FA exercise - highlight of the class. I would enroll in another class at UT.
Demonstrate Your Expertise with a Certificate
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Reimbursement Options
Learn more about course credits and options for course reimbursement. Get tips on the best way to approach your manager and download a customizable template to facilitate making the ask.
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Course Location
In person courses take place at the AT&T Executive Education and Conference Center and adjoining Rowling Hall on the UT campus in Austin. These world-class facilities provide a comfortable and convenient learning environment, with direct access to the 40 acres of campus and within walking distance of downtown Austin. Live online and on-demand course options are available for many courses.
On-Demand Course Information
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Dates
*On Demand Version Only: The on-demand version of this course is self-paced and online. You may register and begin the class at any time, and you will have 60 days to complete the class. -
Time Commitment
*On Demand Version Only: You should expect to dedicate 18 to 22 hours to watch videos and complete assignments. At the end of each module, you will take a short quiz to assess your learning. -
Exam
*On Demand Version Only: After completing all modules there's a final exam. It's required to score 70% or higher to pass and earn a credit for the course. You may take the final exam multiple times.
In Partnership with Strategic Decisions Group
The Strategic Decision and Risk Management Certificate courses offered by Texas Executive Education combine The University of Texas at Austin’s academic and research depth with the decision and risk management expertise and track record of Strategic Decisions Group (SDG).
Strategic Decisions Group (SDG) is a global consulting firm with expertise in strategic decision making, risk management and shareholder value creation. SDG’s collaborative approach helps clients find innovative strategies for today while helping them build decision competency for the future.
Earn a Badge
We offer digital badges for select courses, which enable you to verify your skills and achievements. When you complete this course, you will earn a digital badge that you can showcase on your LinkedIn profile.
Additional Courses
Decision and Risk Analysis
Explore the foundations of decision quality and how to use a rigorous analytic framework to make better decisions in your personal and professional life.
Human Biases in Decision Making: Avoiding the Traps
Understand the ways in which your mind, personality, and social structures can degrade your decision-making.
Leading Strategic Decision Making
Achieve success by effectively diagnosing a decision situation, designing a clear approach, facilitating communication, and presenting compelling rationale to key stakeholders.
Modeling and Analytics for Strategic Insight
Create models that answer executives' questions, produce compelling analyses, and ultimately gain commitment.
Multi-Party Decision Making: From Conflict to Resolution
Assemble concepts, tools, and skills for applying the DQ Framework in multi-party situations.
Scenarios and Forecasting: Planning for Uncertainty
Improve strategic decision-making with enhanced forecasting methods and by leveraging scenarios to foster insight.
Resources
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Decision Quality: Strategic Decision Making Through Framing & Alternatives
Framing and finding alternatives are key links in the decision quality chain; necessary for determining if a decision is good or not. -
Decision Quality: Strategic Decision Making Through Information & Values
Decision quality is a strategic decision making process used to judge the quality of a decision at the time it is being made. -
Decision Making: The Good, the Bad, and the Ugly
Why do seemingly good decisions sometimes turn out all wrong? Conventional thinking often confuses decisions with outcomes.