Onsite Programs / Strategic Decision Making Training

Strategic Decision Making

Using Past Strategic Decisions to Create Future Success

Description:
Executives today face an avalanche of information clamoring for action and attention. It is vital that Leaders quickly navigate through the hype, spin, and manipulation to separate the relevant from the irrelevant, the important from the trivial, and the myths from reality.

Failure to make key strategic decisions will result in incorrect actions based on invalid information and in a waste of valuable resources. You can afford neither inaction nor knee-jerk action. Critical thinking principles and procedures are what you need to prevent dysfunction.

This one-day program takes a few of the organization’s key past decisions and analyzes the variables that led to action. In the Strategic Decision Making Workshop, participants will determine the criteria for making informed decisions based on data analysis, statistics, and a firm understanding of financial principles. As a performance test for the workshop, participants will look ahead to upcoming business decisions, and apply the same criteria.

Outcomes:

• Define critical thinking and identify the key behaviors of critical thinkers.
• Collect relevant, valid, and reliable data from different sources related to exploring an issue or evaluating a decision.
• Present convincing arguments that reject or support a conclusion or recommendation.
• Distinguish between good data and noise.
• Identify and remove unwarranted assumptions that hamper performance and productivity.
• Make appropriate generalizations from findings.
• Use inductive logic to move from particular facts to general statements.
• Recognize and correct logical fallacies in proposals, recommendations, and arguments.
• Systematically analyze a work-related problem, come up with a suitable solution, evaluate the solution, and develop an improved solution.

Target Audience:
Leadership, Management, and High Potentials.