Chicago Booth School of Business

Executive Decision-Making And Negotiations

Chicago Booth School of Business

Leadership Programs

About Programme

Enhance your negotiation skills, strengthen your influence, and refine your decision-making process.

Executive Decision-Making and Negotiations is designed for executives who seek cutting-edge insights from behavioral science, negotiation strategy, and decision theory to enhance their influence and leadership impact.

Over five days, participants will explore advanced topics including price negotiations, techniques for creating value, structuring complex deals, synchronizing internal and external negotiations, and organizational decision-making. Led by renowned Booth faculty, this program provides practical, research based tools to help leaders negotiate with integrity, foster collaboration, and make more strategic, effective decisions in complex business environments. Negotiation and decision-making aren’t moments—they’re mindsets. Master both.

This program serves as an elective to:

Programme Content

The Psychology of Decision-Making

Frame decisions and assessing uncertainty
Seek and interpret information to be more informed judgements
Manage uncertainty and mitigate risk
Recognize and overcome cognitive and emotional biases

Beginning with the Toughest: Price Negotiation

Negotiate assertively while maintaining integrity
Separate relationship building from price-setting dynamics
Balance empathy with assertiveness to achieve win-win outcomes

Techniques for Creating Value

Identify tools for uncovering the other party’s underlying interests
Shift from zero-sum bargaining to collaborative problem-solving
Use quantitative techniques to prepare, measure trade-offs, and create value

Creative Problem-Solving

Apply effective influence tactics—and recognize defenses against them
Use creativity to reframe conflicts and unlock new solutions navigate future challenges

Coalitions, Power, and Fairness

Build strategic coalitions to expand influence and leverage power
Navigate group dynamics and equity challenges within teams

Organizational Decision-Making

Prepare for organizational negotiations through structured process design
Manage joint decision-making and gain buy-in from diverse stakeholders

Action Planning: Putting It All into Practice

Benefit from optional coaching opportunities to refine your personal negotiation approach
Apply frameworks and hard skills in a capstone multi-party negotiation simulation

Programme Objective

By attending this program, you will explore key themes in: Negotiation and Decision-Making Mastery

Apply a systematic, evidence-based approach to make smarter decisions and negotiate with confidence.
Strengthen your skills through personalized faculty coaching, feedback, and real-world simulations.

Behavioral Insight and Cognitive Awareness

Recognize and mitigate decision-making biases and traps.
Use behavioral science principles to make clearer, more objective choices under pressure.

Value Creation and Complex Deals

Identify opportunities to create mutual value in negotiations of varying complexity.
Structure and manage multi-issue, high-stakes deals to achieve sustainable results.

Navigate Complexity

Evaluate and refine your approach across diverse stakeholders, cultures, and contexts.
Lead with integrity and collaboration in complex business environments.

Organizational Decision-Making and Impact

Integrate negotiation and decision frameworks to influence outcomes across your organization.
Synchronize internal and external negotiations to build alignment and trust.

Programme Audience

Mid- to senior-level executives in any functional area or industry seeking to enhance their influence by improving their negotiation and decision-making skills. Download the brochure for in-depth insights into who should attend, participant profiles, and the ideal candidate. Download brochure

Testimonials

"I’ve participated in many professional programs on negotiation and decision-making, but this one is by far the most comprehensive. The faculty seamlessly integrate theory, psychology, and practical application, empowering participants to approach negotiations with greater structure, confidence, and success across a wide range of situations."

Eric Davidson

VP, Asia-Pacific-Europe-Middle East-Africa, Modular Mining Systems

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Contact us for the further details

Speak with an Advisor

  1. Pedagogy (case method, experiential learning, coaching, simulations)
  2. Contact Person Details
  3. Programme Benefits

Prashansa Uttam

Programme Advisor

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

Chicago Booth School of Business

Executive Education Office

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https://www.chicagobooth.edu
Chicago, USA

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Executive Decision-Making And Negotiations | Chicago Booth School of Business