Today’s business leaders are increasingly forced to make quick decisions. Good managers will set out with the intention of making a reasoned and well-thought-out judgment call, 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. This tendency should be balanced with objective analysis.
The Art of Decision Making looks at both sides of the equation. Practical experience is merged with up-to-date theoretical concepts. In addition to discussing business case studies with your international peers and ESMT’s distinguished faculty, you will take part in individual and group exercises and tackle common decision-making challenges.
Find all the program information at a glance in our PDF download.
Who should attend the program?
Professionals and managers in all functions who are actively engaged in decision making in times of increasing volatility and uncertainty.
Key benefits
- Designing decision-making processes that combine rationality and intuition
- Learning how to avoid common decision-making mistakes
- Recognizing your own biases to prevent them from influencing your decisions
- Understanding how to best utilize big data and evidence-based decision making
Topics include
▪ Making good decisions
▪ Understanding decision-making psychology
▪ Optimizing group processes
Postgraduate Diploma in Management
This program can also be taken as part of the Postgraduate Diploma in Management curriculum. Bring your career to the next level and gain the formal recognition of your professional development with this university-level certificate.
The Art of Decision Making counts towards 2 of the 18 days necessary to receive the diploma.
The Art of Decision Making can be tailored to meet the unique needs of your organization, and can be delivered in either the English or German language.