Decision-making under uncertainty

Information is the basic currency of the 21st century. But not all of it is equally valuable.

• How do you distinguish the signal from the noise in today's information overload?

• How do you separate what is important for making the right decisions from what seems compelling but is cluttering the air?

Information is becoming more and more abundant every moment, and the pace is faster. Especially in the business environment, leaders claim that there is no time to collect and examine data, and decisions must often be made based solely on intuition.

Cognitive scientists call this "decision-making under uncertainty." In the past 20 years, many fascinating discoveries have been made about the causes of such thinking, as well as the errors it causes.

We invite you to learn practical methods that will help you make more reliable decisions and be more successful - in business and life!

During the course, we will train the ability to distinguish signal from noise and quickly define what information we need for more effective decision-making – so that we don’t have to “boast” about poorly informed, hunch-based decisions!

Goal

• To arm participants with reliable knowledge and simple, effective decision-making methods

• Benefits

• higher quality decision-making in everyday life;

• less feeling of insecurity in conditions of uncertainty;

• insight into world practice/data-based decision-making in the business environment.

Working method

50/50 theory and practical exercises, including examples of good practice.

During the course, we will gain new knowledge, as well as develop newly acquired methods and skills through practical exercises.

Target audience

Decision makers, middle or senior managers in medium and large organizations - CEOs, commercial directors, business or product development managers, HR managers, marketing and sales managers and the like.

Program

1. Situations when we make decisions that are not based on data. What is the basis for this?

2. Typical mistakes that we make in human situations. Some concepts and thinking models for making data-based decisions.

3. Systematization of the decision-making process. How to quickly “bite through” problem situations?

4. Practical “knives” - methods for acting in situations of high uncertainty. How to promptly evaluate information, identify what is missing, and find quick answers to the essentials.

5. Data-based decision-making methods in the world's most successful organizations.

6. Effective methods for obtaining the necessary data and making decisions.

7. Tips for better decision-making and faster information retrieval.

8. Summary: Practical tips for effective decision-making in everyday life.