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.
Sessions
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Overview
You make decisions every day that affect your success. Leveraging an appropriate framework allows you to define the requirements of a quality decision and embrace uncertainty to your advantage. Collaborate in an interactive team environment on a complex decision, applying tools and techniques to a practical situation.
This class is available for university credit. Please contact Lynn Slattery at Lynn.Slattery@mccombs.utexas.edu or 512.471.5893 for more information.
Strategic Decision and Risk Management
Clarify problems, explore available options, develop a structured framework, understand the impact, and commit to your choice.
Two Day Concentrated Program
Registration begins at 7:30 a.m. and class runs 8:00 – 5:00 both days with a one-hour lunch.
Hybrid Options Available: In-Person or "Live" Online
Strategic Decision Professionals
Our partnership with SDG combines UT's academic research and SDG's real-world experience in decision consulting to create an unmatched learning experience.
Benefits
- Learn a powerful collaborative Dialogue Decision Process to address complex issues
- Frame your decisions to establish a solid foundation for your process
- Leverage creative methods and analytic thinking to identify alternatives
- Identify decision criteria with a clear line of sight to your corporate values
- Utilize sensitivity analysis to identify key risk factors
- Overcome motivational and cognitive biases to assess probabilities
- Structure and evaluate decision trees to reduce uncertainty
- Draw insights from your analysis and communicate results that produce action
- Discover what it takes to transform decision-making into a core competency of your organization
Special Features
- The following information is for the On-Demand class ONLY:
- This is a self-paced online course. You may register and begin the class at any time and you will have 60 days to complete the class.
- You should expect to dedicate 18 to 22 hours to watch videos and complete assignments. At the end of each module, you will take a short quiz to assess your learning.
- Once you have completed all modules, you will take the final exam. You are required to score 70% or higher on the final exam to pass the class and earn a credit for the course. You may take the final exam as many times as you wish until you pass.
Additional Information
Prerequisites:None
CEUs: Participants earn 1.40 CEUs and/or 14.00 CPEs for this course. A certificate of completion will be presented from Texas Executive Education.
Course Credits: 1.0
Hotel Information: Texas Executive Education classes qualify for discounted hotel room rates at the AT&T Executive Education and Conference Center on a limited basis. Discount code will be provided on the course materials page after class registration is complete.
On Demand Classes
This is a self-paced online course. You may register and begin the class at any time and you will have 60 days to complete the class.
Houston C. Young
Director, Strategic and Operational Risk Management
General Motors
Faculty
Eric Bickel
Dr. Eric Bickel is a professor and director of the Operations Research & Industrial Engineering program at The University of Texas at Austin. In addition, he holds a courtesy appointment in the Department of Information, Risk, and Operations Management in the McCombs School of Business and is the Academic Director of the Strategic Decision and Risk Management (SDRM) certificate program. He also directs the Center for Engineering and Decision Analytics (CEDA) and the Engineering Management program.
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Bruce Judd
Dr. Bruce Judd is Partner and Managing Director at Strategic Decisions Group. He helps clients develop internal capabilities to enhance the quality of their decision-making through a combination of on-the-job coaching, professional development and classroom work.
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What Participants are Saying
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Networking was wonderful
"Professors, content and exercises were most useful. Best parts were the engagements with the other students."
- Gordon Beatty, VP Strategic Accounts, Gemalto, Inc.
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Faculty that care
"Dr. Bickel was clear and adjusted his style and output to meet the needs of the students. Enjoyed the FA exercise - highlight of the class. I would enroll in another class at UT."
- Ana Merz, Federal Account Executive, AbbVie
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Course kept me interested
"Great mix of presentation and activity to keep attention."
- Chris Mentzer, Manager - R&D, Southwest Research Institute
More Testimonials
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"Excellent course for both general decision making processes and analytical methods."
- Rick Bilberry, Global VP, Strategic Accounts, Schneider Electric
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"This decision quality course is terrific. Informative, well-organized; will provide a great foundation for helping teams make good decisions."
- Joshua Selekman, Manager, Bristol Myers Squibb