Strategic Decision Making: Smart Business Choices

Strategic Decision Making: Smart Business Choices, available at $19.99, has an average rating of 4.1, with 36 lectures, 3 quizzes, based on 10 reviews, and has 1329 subscribers.

You will learn about Learn the three main types of business decisions Understand the fundamental principles of business decision making Enhance critical thinking abilities to identify risks and opportunities Develop a toolkit of decision-making frameworks Gather and analyze relevant data to support informed decision making Evaluate decision options for business success Optimize resource allocation, prioritize initiatives, and maximize business value Enhance communication and collaboration skills to facilitate effective decision-making processes This course is ideal for individuals who are Business owners, Team managers, business leaders or Discussion facilitators and managers who train teams on effective brainstorming or ANYBODY WHO PARTICIPATES IN DECISION MAKING IN THEIR BUSINESS It is particularly useful for Business owners, Team managers, business leaders or Discussion facilitators and managers who train teams on effective brainstorming or ANYBODY WHO PARTICIPATES IN DECISION MAKING IN THEIR BUSINESS.

Enroll now: Strategic Decision Making: Smart Business Choices

Summary

Title: Strategic Decision Making: Smart Business Choices

Price: $19.99

Average Rating: 4.1

Number of Lectures: 36

Number of Quizzes: 3

Number of Published Lectures: 36

Number of Published Quizzes: 3

Number of Curriculum Items: 39

Number of Published Curriculum Objects: 39

Original Price: $84.99

Quality Status: approved

Status: Live

What You Will Learn

Learn the three main types of business decisions
Understand the fundamental principles of business decision making
Enhance critical thinking abilities to identify risks and opportunities
Develop a toolkit of decision-making frameworks
Gather and analyze relevant data to support informed decision making
Evaluate decision options for business success
Optimize resource allocation, prioritize initiatives, and maximize business value
Enhance communication and collaboration skills to facilitate effective decision-making processes

Who Should Attend

Business owners, Team managers, business leaders
Discussion facilitators and managers who train teams on effective brainstorming
ANYBODY WHO PARTICIPATES IN DECISION MAKING IN THEIR BUSINESS

Target Audiences

Business owners, Team managers, business leaders
Discussion facilitators and managers who train teams on effective brainstorming
ANYBODY WHO PARTICIPATES IN DECISION MAKING IN THEIR BUSINESS

To be successful in business, you have to make good decisions.

Sounds easy enough. The problem is: how do you know if your decision is any good until long after you have seen its results? Are you properly predicting the outcomes of your decisions? Are you always getting the results you wanted?

Analyzing your situation, evaluating pros and cons, predicting future outcomes, … these are all skills needed to make good decisions. And considering how many decisions you have to make in your business, it’s a lot to handle.

You have to:

Know how each decision impacts your whole business
Understand what you can and can not control
Evaluate your options and choose the best one

This course is a step by step guide in Problem Solving with simplicity. You will learn a simple decision making framework that you can apply in a multitude of scenarios. Every decision means a change, and a change means that something will be gained and something will be lost. This framework makes it easy to find out what is changing and know you are making the right decision about it.

If you are running a business, managing a business, or directing a business team, you are responsible for strategic decisions and their success (or failure).

Course Structure

The intro section will provide a detailed guide to what constitutes Decision Making, including the types of decision a business encounters.

We will then dive into the three areas of effective decision making in

Pre Game – understanding your current position
Gains – understanding the upsides to your decision options
Losses – understanding the downsides to your decision options

Finally, we will review how to use all of the above, and check out the new bonus section Decision Making Models for new videos explaining traditional decision making models, and how they fit in with the above framework.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Course Introduciton

Lecture 2: Why You Should Take This Course

Lecture 3: What is effective decision making?

Lecture 4: Why learn about decision making?

Lecture 5: Business Decisions in 2023

Chapter 2: About Decision Making

Lecture 1: What you need when making decisions

Lecture 2: An overview of the framework in this course

Lecture 3: Three Types of Decision

Lecture 4: Make sure you have found the problem, first.

Chapter 3: Pre-Game: Understand and prepare the context for this decision

Lecture 1: What is the trigger?

Lecture 2: What is the goal?

Lecture 3: What are the options?

Lecture 4: Ready to get started

Lecture 5: Interlude – Choosing a Scale

Chapter 4: What is Gained

Lecture 1: Gains Overview

Lecture 2: Gains – Happiness

Lecture 3: Gains – Growth

Lecture 4: Gains – Cash

Lecture 5: Gains – Options

Chapter 5: What is Lost

Lecture 1: Losses – Overview

Lecture 2: Losses – Money

Lecture 3: Losses – Quality

Lecture 4: Losses – Time

Chapter 6: How to Use It All

Lecture 1: Making the Decision

Lecture 2: Decision making in annual planning

Lecture 3: What role should instinct play?

Lecture 4: Complicated vs Complex

Lecture 5: How to make bad decisions

Lecture 6: Outro

Chapter 7: Decision Making Models

Lecture 1: Section Intro

Lecture 2: Pre-Mortem

Lecture 3: Decision Trees

Lecture 4: Decision Matrix

Lecture 5: Paired Comparison Analysis

Lecture 6: PEST Analysis

Lecture 7: Descartes Square

Instructors

Rebecca Brizi
Business Performance Improvement

Rating Distribution

1 stars: 0 votes
2 stars: 1 votes
3 stars: 2 votes
4 stars: 3 votes
5 stars: 4 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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