Achieving Strategic Decision Quality introduces the cornerstones of good decision-making: Decision quality, the framework that defines the requirements of a good decision; the Dialogue Decision Process, a collaborative method to address complicated issues in complex organizations; and the concepts and tools necessary to produce clarity about the best choice in an uncertain and dynamic environment.
Highlights & Benefits
Experience & Impact
- Learn to frame a decision appropriately to avoid becoming mired in details or overwhelmed by scope
- Generate better, more creative alternatives
- Quantify uncertainty using probability
- Structure and evaluate strategic choices to determine the best alternative
- Recognize when you are leaving value on the table
- Effectively communicate results to boards and senior executive teams
- Build alignment among all stakeholders to foster successful execution of strategic choices
Led by the experienced decision consultants and educators at Strategic Decisions Group, this is a highly interactive course where participants learn by doing. Work in teams on a complex decision, applying the tools and techniques that are introduced throughout the course. Teams work together to frame the problem, create alternatives, assess information (including probabilities and ranges), perform sensitivity analysis, structure and evaluate decision trees, gain insight into the best course of action, and communicate the results of their work to decision makers.
Senior decision makers, decision team leaders, and those who provide information and analysis to support strategic decision-making will find this an excellent introduction to how decision quality can benefit their organization, how it works, and the roles that make the process effective.
Session Topics Includes:
- Introduction to decision quality
- Introduction to the dialogue decision process
- Case study – follow one organization as we apply the dialogue decision process to achieve a clear course of action and commitment among all stakeholders
- Setting the appropriate frame
- Generating creative alternatives
- Establishing clear values and trade-offs
- Conducting sensitivity analysis
- Assessing probabilities and ranges
- Structuring and analyzing decision trees
- Building organizational decision competency
Presented by a collaboration of the SDG Decision Education Center and our academic partner, the Wharton School at the University of Pennsylvania