Strategic Decision Making for Leaders

Day 1:

Introduction to Strategic Decision Making

• Topics Covered:

  • The importance of strategic decision-making in leadership roles.

  • Key principles and frameworks for making strategic decisions.

  • Decision-making styles and their impact on leadership effectiveness.

  • The role of intuition vs. data-driven decision-making.

• Activities:

  • Case studies on real-world strategic decisions.

  • Group discussions on different leadership decision-making approaches.

Day 2:

Risk Management and Decision Analysis

• Topics Covered:

  • Identifying and assessing risks in decision-making.

  • Tools for risk management and mitigation.

  • Decision analysis techniques: cost-benefit analysis, SWOT analysis, and decision trees.

  • Managing uncertainty in strategic decisions.

• Activities:

  • Risk management simulations.

  • Developing risk mitigation strategies for hypothetical scenarios.

Day 3:

Data-Driven Decision Making

• Topics Covered:

  • The role of data in strategic decision-making.

  • Using data analysis tools to support decision-making.

  • Forecasting techniques for long-term planning.

  • Interpreting data to make informed decisions.

• Activities:

  • Hands-on exercises using data analysis software.

  • Group exercises in analyzing data for strategic decisions.

Day 4:

Aligning Decisions with Organizational Strategy

• Topics Covered:

  • How strategic decisions impact overall organizational success.

  • Aligning decision-making with organizational vision, mission, and goals.

  • The importance of strategic alignment across departments and teams.

  • Communicating strategic decisions effectively to stakeholders.

• Activities:

  • Case studies on decision alignment with organizational strategy.

  • Role-playing exercises on stakeholder communication.

Day 5:

Critical Thinking and Problem-Solving in Decision Making

• Topics Covered:

  • Developing critical thinking skills for complex decision-making.

  • Problem-solving methodologies: root cause analysis, brainstorming, and scenario planning.

  • Decision-making under pressure and crisis management.

  • Evaluating and learning from past decisions for continuous improvement.

• Activities:

  • Problem-solving workshops with real-life scenarios.

  • Group discussions on lessons learned from past strategic decisions.