Decision-Making: Evaluating Options for Efficiency

Introduction to Decision Making (9:00 AM – 9:30 AM)

• Welcome and Course Objectives
• Importance of Effective Decision Making in Personal and Professional Life
• Overview of the Decision-Making Process

Session 1: Understanding Decision-Making Models (9:30 AM – 10:30 AM)

• Rational Decision-Making Model: Identifying Alternatives, Evaluating Options, Making Choices
• Behavioral Decision-Making Model: Understanding Biases and Heuristics
• Intuitive Decision-Making Model: Trusting Gut Instincts and Intuition

Break (10:30 AM – 10:45 AM)

Session 2: Factors Influencing Decision Making (10:45 AM – 12:00 PM)

• Individual Factors: Personality, Values, and Beliefs
• Environmental Factors: Organizational Culture, Time Pressure, and Information Availability
• Group Dynamics: Groupthink, Conflict, and Consensus Building

Lunch Break (12:00 PM – 1:00 PM)

Session 3: Decision-Making Tools and Techniques (1:00 PM – 2:30 PM)

• Decision Trees and Probability Analysis
• SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats
• Cost-Benefit Analysis and Risk Management

Break (2:30 PM – 2:45 PM)

Session 4: Ethical Decision Making (2:45 PM – 3:45 PM)

• Ethical Considerations in Decision Making
• Ethical Decision-Making Frameworks: Utilitarianism, Deontology, Virtue Ethics
• Case Studies: Analyzing Ethical Dilemmas and Making Ethical Choices

Session 5: Implementing Decisions and Managing Outcomes (3:45 PM – 4:30 PM)

• Action Planning: Setting Goals, Allocating Resources, and Assigning Responsibilities
• Monitoring and Evaluation: Tracking Progress and Adjusting Course as Needed
• Dealing with Decision Outcomes: Celebrating Successes and Learning from Failures

Conclusion and Q&A (4:30 PM – 5:00 PM)

• Recap of Key Concepts Covered
• Open Floor for Questions and Discussion
• Course Feedback and Closing Remarks

By the end of this course, participants will have gained practical knowledge and skills to make effective decisions, considering various factors, using appropriate tools and techniques, and navigating ethical considerations.

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