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Facing The Media
25-26 Oct 21 (London)
Course family: PR and Media -
Financial Risk Management, Reporting and Mitigation
25-29 Oct 21 (London)
Course family: Finance and Accounting -
Operational Management for Supervisors and Team Leaders
25-29 Oct 21 (London)
Course family: Management
Decision Making and Problem Solving for Leaders
ODM1
Introduction
This course can be customised to client requirements.
For fees and relevant details please contact Customer support customersupport@lmcuk.com or call
+44 207 724 6007
Effective decision-making and problem solving are the key to business success. Companies can sustain competitive advantage and improve overall business performance by making better and faster decisions and executing them more effectively.
This course will equip delegates with tools and techniques for decisive and skilled decision-making and problem solving. This forward thinking approach will help them outperform their competitors and become market leaders.
This course is delivered as Online Training. Learn more about our approach.
Who should attend
This practical course is designed for Executives, Team Leaders, and Managers who have the responsibility of making important decisions by planning for, analysing and evaluating critical issues.
COURSE PROFILE
Leadership style and approach to decision-making
- Identify your leadership and decision-making style
- The problem-solving/decision-making cycle
- Consequences of different decision making styles
- Strategic thinking and factors influencing decision politics
Defining the problem and overcoming complex situations
- Defining the problem and identify options
- Fact finding and data gathering for complex problem solving
- Appropriate flow charts and diagrams
- Ishikawa analysis
- Design Thinking methodology
Financial information and decision-making
- Take budgets into consideration to support decision making
- Analysing business intelligence
- Financial troubleshooting and identifying hidden cost
- Data Driven Decision Making (DD-DM)
Risk managing and scenario planning
- Identify potential risks
- Scenario planning methodologies
- Linking decisions to past experiences and situations
- Evaluate alternatives and explore options
Creating a productive and a solution-oriented culture
- Building a solution-oriented culture
- Encouraging creativity and innovation
- Making use of cognitive diversity
- Using different styles of solution finding
SKILLS
At the end of this course, delegates will be able to:
- Employ decision making and problem solving skills
- Identify the root cause of the problem in a given situation
- Map out the likely consequences of alternative decisions
- Choose the best course of action
- Follow decisions through to conclusion
- Analyse risk to make better decisions
- Use financial information and business intelligence for decision making
- Encourage collective solution finding
COMPETENCIES
- Decision Making
- Problem Solving
Upcoming Courses
Courses Information
Blog Posts
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Strategy and Organisation Development
15 Oct 21
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Decision Making and Problem Solving for Leaders
09 Sep 21
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Introduction to Marketing
24 Nov 20