Executive Decision Making
Course ID: LSM506 Make swift and calculated business decisions; minimize risk and uncertainty by adopting formal decision-making processes; and learn to make smart choices with limited time and resources. |
Description
In todayβs fast-paced, competitive business climate, executives need to be prepared to make smart decisions quickly and decisively. Making strategic decisions involves weighing risk and considering long-range implications for the organization.
In this course, participants will learn how to apply formal decision-making processes in order to reduce risk and maximize benefit. Learn best practices and techniques for gathering data and making critical decisions with limited time and resources.
Who Should Enroll in This Course?
This course is essential for executives, managers and team leaders charged with making strategic and operational decisions for their organization.Enrollment
To register, contact an Enrollment Counselor at info@ecornell.com or 1-866-326-7635 (+1-607-330-3200 from outside the United States).Certificate programs are eligible for eCornell Payment Plans. Discounts are available for military personnel, veterans, and Cornell University Alumni. eCornell programs are not eligible for financial aid or federal Pell Grants. Contact an enrollment counselor for more information.
February 29, 2012
March 14, 2012
Click 'Enroll Now' to see available dates beyond March 14, 2012.
Certificate Information
This course can be applied toward the following certificates:CEUs
HRCI Recertification
Project Management Institute Professional Development Units
This course qualifies for 6.00 Professional Development Units (PDUs) from the Project Management Institute (PMI) for Professional Project Managers (PMPs) seeking ongoing education and professional development for continuing certification. eCornell is a Global Registered Education Provider of PMI. PDUs are designated as Category 3.
Additional Information
Course Format
All eCornell courses are delivered online and are self-paced. An eCornell instructor leads the online discussions, grades any course projects, and is available to answer specific questions about the course content.
This course contains the following modules:
- The Executive's Decision-Making Tasks
- Organizational factors and personal characteristics that affect decision making
- Framing and categorizing situations to aid in making effective, objective decisions
- Conducting decision-tree analyses
- Gathering data and evaluating it for completeness, relevance, and possible bias
- Formal Methods for Executive Decision Making
- Most common formal methods and when to use them
- Bayesian analysis
Benefits to the Learner
After completing this course, participants will be able to:
- Gather crucial data and resources to inform the decision-making process
- Identify appropriate situations for involving others in a decision-making process
- Ascertain risks, uncertainties, and ambiguities in an executive decision-making environment
- Overcome organizational factors that complicate decision making
- Apply formal methods such as decision trees and Bayesian analysis to arrive at appropriate decisions
Authoring Faculty
Florence Berger, Ph.D., Professor Emeritus
Judi Brownell, Ph.D., Professor
Sponsoring School
Cornell University's School of Hotel AdministrationTotal Learning Time
Approximately five to six hours over a period of two weeks.You May Be Interested In...
Students who purchased this course also purchased:
- This course helped me in identifying biases from data gathered from various team members and helped me reduce the time needed to arrive at the correct decision.Chito Mallillin - Business Development Coordinator - Petron Corporation from Mandaluyong City, Philippines,Course: Executive Decision Making
- The "Executive Decision Making" course gave me the right tools to prepare in a better way and help the business grow by making better decisions based on facts.Juan Barrio - Controller - Flextronics from Milpitas, California,Course: Executive Decision Making
- Excellent course. I found that I was actually using some of the decision making tools in my current job responsibilities without knowing their formal names and functions. It was a very helpful course to be able to identify the various tools available to assist in decision making and to understand how to follow through to the final decision process.Barbara Sinclair,Executive Decision Making
- A really challenging course in all aspects. It has given me more confidence in my decision making process.Robert Thomas ,Executive Decision Making
- Busy weeks during this course but it kept me engaged and focused. The detail was great and helped me a great deal, looking at the formal processes will help me grow even more as a Leader & Decision Maker.David Murray ,Executive Decision Making
