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Multi-Party Decision Quality: Collaboration and Competition

May 1-2, 2023 | UT Campus or Live Online | $2,950

Enroll in Multi-Party Decision Quality

Upcoming Sessions

Class Details

Strategic Decision and Risk Management

Date

05/01/23 - 05/02/23

2 Days

Instructors

Eric Bickel

Dima Shamoun

Carl Spetzler

 

Location

HYBRID

Rowling Hall or

Live Online

Multi-Party DQ: Collaboration and Competition in Decision Making

Strategic Decision and Risk Management

Date

05/01/23 - 05/02/23

2 Days

Instructors

Eric Bickel

Dima Shamoun

Carl Spetzler

 

Location

HYBRID

Rowling Hall or

Live Online

Class

Concentration

Date

Location

Instructors

Multi-Party DQ: Collaboration and Competition in Decision Making

Strategic Decision and Risk Management

05/01/23 - 05/02/23

2 Days

HYBRID

Rowling Hall or

Live Online

Eric Bickel

Dima Shamoun

Carl Spetzler

 

  • 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.

What You'll Learn

Decision Quality Framework for Multi-Party Decisions

  • 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
  • Design multi-party processes for maximum success

 

Game Theory

  • Game Theory 101
  • Game Theory 201
  • Apply game theory to participate in alliances, joint ventures, and negotiations more effectively

 

Multi-Criteria Decision Making

  • 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

 

Attending this Course

  • Individuals

    Those who want to make better decisions, especially when outcomes are uncertain and when risks include financial and non-financial impacts.
  • Teams

    Organizations often send pairs or small teams, to support the launch of new initiatives.
  • Requirements & Credit

    There are no formal prerequisites for SDRM classes, but we recommend starting with Decision Quality to learn the fundamentals. Participants earn 1.4 CEUs and/or 14 CPEs for this course, as well as a certificate of completion.
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.

Instructors

  • Eric Bickel
    Eric Bickel Headshot
    Eric Bickel

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

    Learn More
  • Dima Shamoun
    Dima Shamoun Headshot
    Dima Shamoun

    Clinical Assistant Professor, Finance

    Learn More
  • Carl Spetzler
    Carl Spetzler Headshot
    Carl Spetzler

    CEO and Chairman, Strategic Decisions Group

    Learn More

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.

 

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.
  • Man in white shirt looks at a tablet.

    Decision Quality: Strategic Decision Making Through Information & Values

    Decision quality is a strategic decision making process used to judge the quality of a decision at the time it is being made.
  • People stand in front of a computer in an office.

    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.

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