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Multi-Party Decision Quality:

Collaboration and Competition in Decision Making

  • Apply DQ Framework in Multi-Party Situations

    In many decision-making situations, more than one decision body is involved. They each have different goals with differing value metrics. Applying Decision Quality (DQ) principles requires the concepts and tools of Game Theory, Multi-Criteria DQ, and the skills for designing a process for effective collaboration and negotiation.

Benefits

  • Understand the DQ Framework and assemble concepts, tools, and skills for applying in multi-party decision situations
  • Diagnose the situation and design the process for collaboration and competition
  • Apply game theory to participate in alliances, joint ventures, and negotiations more effectively
  • Develop valuations using multi-criteria analysis
  • Increase total value and achieve agreement with value transparency
  • Quantify risk and use risk sharing to enhance the opportunities for multiple parties

Enrollment Options

  • Individual Enrollment

    Enroll in this course as an individual for $2,950.
  • Group and Custom Enrollment

    Enroll as a team, or customize this program for your organization.

Upcoming Sessions

Class Details

Strategic Decision and Risk Management

Date

10/13/22 - 10/14/22

2 Days

Instructors

Eric Bickel

Dima Shamoun

Carl Spetzler

 

Location

UT Campus

Multi-Party DQ: Collaboration and Competition in Decision Making

Strategic Decision and Risk Management

Date

10/13/22 - 10/14/22

2 Days

Instructors

Eric Bickel

Dima Shamoun

Carl Spetzler

 

Location

UT Campus

Class

Concentration

Date

Location

Instructors

Multi-Party DQ: Collaboration and Competition in Decision Making

Strategic Decision and Risk Management

10/13/22 - 10/14/22

2 Days

UT Campus

Eric Bickel

Dima Shamoun

Carl Spetzler

 

Topics

The following topics will be covered in this course:

 

  • Extending the DQ framework for multi-party decision
  • Game Theory 101
  • Diagnosis of multi-party decision situations
  • Design of multi-party processes for maximum success
  • Multi-Criteria Decision Making
  • Game Theory 201
Informative & Well-Organized
This decision quality course is terrific. Informative, well-organized; will provide a great foundation for helping teams make good decisions.
Classroom with white lights and students.

Who Should Attend?

The skills developed in all our Strategic Decision Making courses are applicable for a variety of professionals across verticals. Whether you work for a global corporation or a small business, we can help.

 

Specifically, these courses are tailor for those who:

 

  • Want to make better decisions, especially when outcomes are uncertain and when risks include financial and non-financial impacts.
  • Want to develop better processes for decision making within their team or across their organization.

 

There are no formal prerequisites for these classes but we recommend that those interested in the topic should start with our Decision Quality class to learn the fundamentals.

Why Take This Class?

Instructors

  • Eric Bickel
    Eric Bickel Headshot
    Eric Bickel

    Professor and Director, Graduate Program in Operations Research & Industrial Engineering

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  • Dima Shamoun
    Dima Shamoun Headshot
    Dima Shamoun

    Clinical Assistant Professor, Finance

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  • Carl Spetzler
    Carl Spetzler Headshot
    Carl Spetzler

    CEO and Chairman, Strategic Decisions Group

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Demonstrate Your Expertise with a Certificate

  • Reimbursement Options

    Learn more about course credits and options for course reimbursement. Get tips on the best way to approach your manager and download a customizable template to facilitate making the ask.
  • Course Location

    In person courses take place at the AT&T Executive Education and Conference Center and adjoining Rowling Hall on the UT campus in Austin. These world-class facilities provide a comfortable and convenient learning environment, with direct access to the 40 acres of campus and within walking distance of downtown Austin. Live online and on-demand course options are available for many courses.

In Partnership with Strategic Decisions Group

The Strategic Decision and Risk Management Certificate courses offered by Texas Executive Education combine The University of Texas at Austin’s academic and research depth with the decision and risk management expertise and track record of Strategic Decisions Group (SDG).

 

Strategic Decisions Group (SDG) is a global consulting firm with expertise in strategic decision making, risk management and shareholder value creation. SDG’s collaborative approach helps clients find innovative strategies for today while helping them build decision competency for the future.

 

Other Strategic Decision and Risk Management Courses

Decision and Risk Analysis

Explore the foundations of decision quality and how to use a rigorous analytic framework to make better decisions in your personal and professional life.

Learn More

Decision Quality: Make the Right Choice Every Time

Learn how to frame strategic choices, generate alternatives, develop credible forecasts, quantify uncertainty and judge the quality of a decision at the time it is made.

Learn More

Human Biases in Decision Making: Avoiding the Traps

Understand the ways in which your mind, personality, and social structures can degrade your decision-making.

Learn More

Leading Strategic Decision Making

Achieve success by effectively diagnosing a decision situation, designing a clear approach, facilitating communication, and presenting compelling rationale to key stakeholders.

Learn More

Modeling and Analytics for Strategic Insight

Create models that answer executives' questions, produce compelling analyses, and ultimately gain commitment.

Learn More

Multiparty Decision Quality: Collaboration and Competition in Decision Making

Assemble concepts, tools, and skills for applying the DQ Framework in multi-party situations.

Learn More

Resources

  • Hand holding up magnifying glass with trees in the background.

    Decision Quality: Strategic Decision Making Through Framing & Alternatives

    Framing and finding alternatives are key links in the decision quality chain; necessary for determining if a decision is good or not.
  • Drawing of a head with post-its inside it.

    The Danger of Mental Shortcuts

    The human intellect is extremely powerful and capable. But our minds have evolved with biases that work against good judgment and decision making.
  • People stand in front of a computer in an office.

    Decision Quality: How to Make the Right Choice the First Time

    By learning to judge a decision’s quality before you make it, you can improve your skills no matter what your experience level.

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