Stanford Strategic Decision and Risk Management
Decision Quality in Organizations (XSDR120)
Required Courses
Elective Courses
This course provides an overview of the best practices for making smarter, faster, and more creative long-term decisions. It introduces the cornerstones of making better decisions:
Decision quality - the framework that defines the requirements of a good decision
Dialogue decision process - an efficient, collaborative approach to addressing organizationally and analytically complex issues to reach quality decisions
Decision analysis - the concepts and quantitative tools that produce clarity about the best choice in an uncertain and dynamic business environment with diverse value metrics.
Senior decision-makers, decision team leaders, and those who provide information to support strategic decision-making will find this program an excellent introduction to how this approach would benefit their organization, how it works, and the roles that make the process effective.
The course blends presentations, group discussions, and learning by doing. Participants work in teams on a complex decision, and an experienced decision consultant coaches each team. Topics include:
Framing a decision appropriately
Generating creative alternatives
Contributing to model building
Quantifying uncertainty using probability
Structuring and evaluating decision trees to determine the best alternative
Communicating evaluation results
Building decision competency into an organization
Stanford Center for Professional Development
496 Lomita Mall, Durand Building 3rd Floor, Stanford, CA 94305
(Phone) 866 234-3380 Toll-free or 510 857-4396 Outside the U.S. | SDRM_reg@scpdinfo.stanford.edu