Stanford Graduate School of Business

Demystify Decision Making

Stanford Graduate School of Business

General Management

About Programme

Demystify Decision Making will delve into the decision-making process to achieve the best possible outcomes. Examine creative approaches and critical techniques to evaluate decision alternatives.

This self-paced, on-demand online course gives you same day access to proprietary Stanford GSB research-based content.

Programme Content

The best way to make a good decision is to follow a disciplined process that helps identify the choice that is most likely to lead to a good outcome. In this course we will explore some of the most important elements of that disciplined process.

Bad decisions are often the result of thinking too narrowly about the decision problem and missing better solutions. Bad decisions also frequently occur when assumptions are not critically evaluated and significant risks and opportunities are not taken into account.

To be a good decision maker one must be both creative and critical. This course will give you tools, frameworks and a disciplined process that can enhance both the creativity and criticism you bring to your decision problems.

Key Topics

Identify objectives and alternatives
Learning how to evaluate alternatives to identify risk
Using tools to capture the essence of a decision problem
Understanding and addressing tradeoffs

Learning Outcomes

Explore how good decision making involves carefully defining the objectives and aggressively identifying different ways to meet these objectives
Learn tools and approaches that can be used in situations where most components of the decision can be quantified and the major risks can be identified and reasonably measured
Apply some of the insights from using these tools and approaches to decisions that are less quantifiable

Learning Model

This course is offered in four modules and each module extends beyond theory and enables you to put your learnings directly into practice for real-time results. Videos, case studies, simulations, and personal feedback on select assignments will enhance your understanding of course concepts.

Once you pay, you will unlock course material for 60 days and can save select materials for future reference.

Programme Objective

Understand how good decision making involves defining all possible objectives.
Learn tools to capture key elements of your decision problem.
Evaluate difficult tradeoffs for achieving multiple goals or objectives.

Programme Audience

Individuals wishing to improve their overall decision outcomes
Professionals who want to become more confident in their decision-making ability
Leaders who seek to implement a disciplined approach to decision making

Other programs in this subject area you might find useful

Same topic, Similar duration - Broader exploration across all institutes

Contact us for the further details

Speak with an Advisor

  1. Pedagogy (case method, experiential learning, coaching, simulations)
  2. Testimonials
  3. Programme Benefits
  4. Brochure

Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Stanford Graduate School of Business

Executive Education Office

Rania Helaihel
+1 (650) 723-3341
NA
https://www.gsb.stanford.edu
Stanford, USA

Tell us about your program enquiry

Fill out the form below and our team will get back to you within 24 hours.

Demystify Decision Making | Stanford GSB