Corporate Resilience and Decision Making
At times of immense pressure, like now, businesses make decisions that affect their whole future. This course looks at how to optimise our decision making to cope now, and with any future shock that could be thrown at us.
This course will enable you to
- Make good decisions even when under pressure
- Understand and use appropriate decision making methods to solve problems and make good choices
- Understand how biases, preconditions and assumptions can impact decision making
- Avoid common pitfalls and mistakes in the decision making process
- Establish the optimal decision making systems and structures to ensure you can respond rapidly and robustly to any future shocks.
About the course
At times of immense pressure, businesses can make decisions that affect their whole future, and sometimes those decisions can be bad ones. The coronavirus pandemic wiped out whole businesses before they even had a chance to react. It's critical that we think about the way that we make decisions, so that we can develop a plan for the future, and so that we can respond robustly and rapidly to any future shocks.
This course looks at the way that we make decisions, how sometimes we make bad decisions, some common mistakes and traps we can fall into, and how we can develop a methodology to optimise our decision making to cope with any future shock the world may throw at us.
Look inside
Contents
- The decision making process
- Cause and effect
- Decision making and problem solving
- Naturalistic decision making
- Rational models of decision making
- Adaptive decision making
- Analysis paralysis
- Trust the process
- Making decisions in risky or uncertain conditions
- Risk analysis
- Decision trees
- How to make bad decisions
- Bad decisions
- Avoiding regret
- Preconditions affecting the decision making process
- Overconfidence and the illusion of control
- Leaping to conclusions
- The normalisation of deviance
- Recognising bias
- Biased thinking
- Avoiding the traps
- Your role
- Don't fall into the traps
- Behavioural issues
- You've been framed
- Framing
- Loss aversion
- Peer pressure
- Optimising decision making
- Knowledge is power
- Making good decisions
- Emotional intelligence
- Knowns and unknowns
- Preventing near misses
- Checking the process
- Assessing the process
- Overconfidence and the illusion of control
- Overcoming framing bias
How it works
Reviews
Recommended | ||||
Why not upgrade?Find the best way to complete your CPD | CourseNeed just a few unitshourshours? | Pick n MixAll you need for this year's CPD. | LicenceAll you need for this year and more. | TeamKeep your whole team up to date. |
---|---|---|---|---|
Access to this course | ||||
Total CPD unitshourshours | 4 unitshourshours | 21 units20 hours21 hours | 800+ unitshourshours | 800+ unitshourshours |
Access period | 120 days | 120 days Access to end 2025 | 12 months | 12+ months |
Audit-proof CPD completion certificate | ||||
Immediate access to our entire CPD catalogue | ||||
Exclusive news and CPD every week plus monthly webinars, all year round | ||||
Account manager on hand to support your team’s needs | ||||
Learn more | Learn more | Learn more | ||
Why not upgrade?
Find the best way to complete your CPD
You might also like
Take a look at some of our bestselling courses