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05/11/2017 - 05/12/2017 | Berlin

The Art of Decision Making

Combine rationality and intuition to achieve better decision-making processes

Today’s business leaders are increasingly forced to make quick decisions. Good managers instinctively set out to make reasoned, well-thought-out judgment calls, yet a rational approach to tackling decisions is only one side of the story. Too often, too much emphasis is placed on intuition, and personal biases begin to influence – and fatally flaw – the decision-making process. Doubtless, this process should be complemented with sound analysis.

The Art of Decision Making (DMA) looks at both sides of the equation. Combining an international peer group and a distinguished faculty, the program merges practical experience with up-to-date theoretical concepts. In addition to discussing case studies and participating in individual and group exercises, participants will explore and tackle common decision-making challenges.

The program is designed to help managers achieve greater insight and learn to exercise sound judgment by honing decision-making skills and designing more effective group processes. Participants will learn to avoid common decision making mistakes by breaking problems into manageable parts, effectively analyzing information, considering alternatives, and identifying the objectives they need to achieve. Finally, participants will gain a greater understanding of their own personal biases, how these affect the decisions they make, and how to avoid their influence on future decisions.

Information on participating / attending:
Target audience: Managers and consultants who make pivotal decisions on issues affecting market entry, production site closures, products, investments, or personnel.

Tuition: 2.300 EUR

Date:

05/11/2017 09:00 - 05/12/2017 17:00

Event venue:

ESMT European School of Management and Technology
Schlossplatz 1
10178 Berlin
10178 Berlin
Berlin
Germany

Target group:

Business and commerce

Relevance:

transregional, national

Subject areas:

Economics / business administration

Types of events:

Seminar / workshop / discussion

Entry:

03/30/2016

Sender/author:

Bianca Schmitz

Department:

Corporate Communications and Marketing

Event is free:

no

Language of the text:

English

URL of this event: http://idw-online.de/en/event53815

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