Facing Uncertainty: Strategic Decision Making and Risk Management
This course is designed to help you study and apply a variety of theories related to strategic decision making and risk management. The course begins by defining the requirements of a high-quality decision and the concepts, tools and approaches to analyze information to make the best choice in uncertain and dynamic environments. In this course, you will learn how to apply systematic decision-making processes in order to reduce risk and choose the best course of action. You will learn the steps necessary for making decisions that are strategically aligned with business objectives and provides problem solving tools to address a range of challenges that every leader encounters. You will also examine how emotions, cognitive limitations and biases, as well as competitive factors, affect risk perceptions and decision making behaviors.