KnowledgeCity

Making Better Decisions

Learn to make better decisions for your company
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Course: On-Demand
Intermediate  Provider KnowledgeCIty  4 chapters ·  12 Lessons ·  21m  in Arabic, German, English, Spanish, French, Portuguese, Chinese Simplified 

Certifying Organizations

What You'll Learn

  • Understand the decision-making process in management and how it relates to an organization's goals
  • Identify the five primary styles of decision-making and discover what kind of decision-maker you are
  • Apply decision-making tools such as flowcharts, decision matrixes, T-charts, and cost-benefit analysis
  • Use approaches like consulting with experts, feasibility studies, and group decisions to make better choices
  • Recognize the barriers that prevent good decisions, including analysis paralysis, cognitive bias, time constraints, and comfort zones
  • Apply best practices for making better decisions at work

Key Takeaways

  • Good decision-making is an important skill for managers as business becomes more competitive, yet decision-making tools are rarely taught.
  • The effectiveness of decision-making is tied to an organization's goals, and decision-making is an ongoing process that includes evaluating the current business situation and following up with action.
  • There are five primary styles of decision-making, and identifying your own style helps you make better decisions.
  • Tools such as flowcharts, decision matrixes, T-charts, cost-benefit analysis, consulting with experts, and feasibility studies can support better decisions.
  • Barriers like analysis paralysis, cognitive bias, time constraints, and comfort zones can prevent good decision-making.

Frequently Asked Questions

Who is this course for?

It is aimed at managers and anyone who wants to improve their decision-making skills, since good leadership decision-making is crucial as business becomes more competitive.

What will I learn in this course?

You'll understand the decision-making process in management, identify the five primary styles of decision-making, review the tools available to help you make better decisions, and understand the barriers that prevent good decisions.

What decision-making tools does the course cover?

The course covers tools including flowcharts, decision matrixes, T-charts, cost-benefit analysis, consulting with experts, and feasibility studies.

What barriers to good decision-making does the course address?

It addresses barriers such as analysis paralysis, cognitive bias, time constraints, and comfort zones.

What skills will I gain?

You'll build skills in decision making, decision models, decision analysis, decision science, group decision making, and strategic decision making.

Professional Certifications and Continuing Education Units (CEUs)

Project Management Institute (PMI®)

Professional Development Units (PDUs): 0.5

Certification Program Categories:
Ways of WorkingPower SkillsBusiness Acumen

KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.