Decision and Risk Analysis
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Become a Better Decision Maker
Most of us were never trained how to make good decisions, yet we make decisions every day, after all. Yet research is overwhelming that individuals are prone to many decision-making mistakes, even in simple situations and especially in uncertain ones. Learn how to use decision quality and a rigorous analytic framework to become a better decision maker in your personal and professional life.
Benefits
Most of us were never trained how to make good decisions. A primary reason for this seems to be, as we explore in this course, an unfounded belief that we are naturally good at making decisions. Explore the foundations of decision quality and how to use a rigorous analytic framework to make better decisions in your personal and professional life.
- Develop tools and mental frameworks that will allow you to deal effectively with uncertainty
- Revise your beliefs after gathering additional information using proven methods
- Examine and quantify the value created by gathering additional information
- Quantify your appetite for risk and how to factor this into your decision making
- Avoid the pitfalls that can degrade our decision making
- Think clearly and insightfully about the decisions you face
- Explore methods to trade off competing value metrics and objectives
- Guide others in improving their decision making
Enrollment Options
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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
11/16/22 - 11/17/22
2-days
Instructors
Jim Dyer
Eric Bickel
Location
UT Campus
| Decision and Risk Analysis |
Strategic Decision and Risk Management |
|
|
Date 11/16/22 - 11/17/22 2-days |
Instructors Jim Dyer Eric Bickel |
Location UT Campus |
|
Class |
Concentration |
Date |
Location |
Instructors |
|
|---|---|---|---|---|---|
| Decision and Risk Analysis |
Strategic Decision and Risk Management |
11/16/22 - 11/17/22 2-days |
UT Campus |
Jim Dyer Eric Bickel |
Excellent course for both general decision making processes and analytical methods.
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?
Demonstrate Your Expertise with a Certificate
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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.
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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 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.
Human Biases in Decision Making: Avoiding the Traps
Understand the ways in which your mind, personality, and social structures can degrade your decision-making.
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.
Modeling and Analytics for Strategic Insight
Create models that answer executives' questions, produce compelling analyses, and ultimately gain commitment.
Multiparty Decision Quality: Collaboration and Competition in Decision Making
Assemble concepts, tools, and skills for applying the DQ Framework in multi-party situations.
Scenarios and Forecasting: Planning for Uncertainty
Improve strategic decision-making with enhanced forecasting methods and by leveraging scenarios to foster insight.
Resources
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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. -
The Danger of Mental Shortcuts: How Biases Can Sabotage Your Best Decisions
The human intellect is extremely powerful and capable. But our minds have evolved with biases that work against good judgment and decision making. -
Decision Making: The Good, the Bad, and the Ugly
Why do seemingly good decisions sometimes turn out all wrong? Conventional thinking often confuses decisions with outcomes.