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.
This program is now available in Norway in partnership with Stavanger.
Our partnership with Stavanger University provides the option to attend this course in Norway as part of the Strategic Decision and Risk Management Certificate.
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
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: 1.00
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.
Additional Information for the offering at the University of Stavanger can be found at here.
Houston C. Young
Director, Strategic and Operational Risk Management
General Motors
Faculty
Eric Bickel
Dr. Eric Bickel is Associate Professor and Director of the Graduate Program in Operations Research & Industrial Engineering at The University of Texas at Austin. In addition, Dr. Bickel holds a courtesy appointment in the Department of Petroleum and Geosystems Engineering in the Cockrell School of Engineering.
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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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Carl Spetzler
Dr. Carl Spetzler co-founded Strategic Decisions Group in 1981 and currently serves as chairman and CEO. He is a leader in strategy and innovation processes, helping corporate leaders cope with the lack of explicit strategic alternatives, deal with the complexities of uncertainty and risk over long time horizons, and achieve lasting change.
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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