Effective Decision Making: Dealing with Business Complexity

edX Effective Decision Making: Dealing with Business Complexity

Platform
edX
Provider
Delft University of Technology
Effort
4-5 hours/week
Length
5 weeks
Language
English
Credentials
Paid Certificate Available
Part of
Course Link
Overview
As an engineer in a leadership position, you will be faced with new responsibilities and tasks. These may include developing a business (unit) strategy and a business plan and being involved in strategic planning. Your success in dealing with these new responsibilities will largely depend on your ability to have a helicopter view of a situation and to make sound decisions. In order to make decisions to move your organization forward, leaders will need to ensure that business goals are achievable and well-balanced while also taking into account the uncertainty of future developments. In a complex business environment, a sound strategy is the result of applying a strategic mindset and systematic approach to decision making.

This course will help you in building and applying an analytical toolkit, including:
  • scenario analysis
  • stakeholder analysis
  • goal analysis
  • multi-criteria decision analysis
The focus of the course will be on utilizing your analytical skills in a business context, allowing you to unravel complex decision situations to formulate a sound business strategy.

LICENSE
The course materials of this course are Copyright Delft University of Technology and are licensed under a Creative Commons Attribution-NonCommercial-ShareAlike (CC-BY-NC-SA) 4.0 International License.

What you'll learn
  • How to use a systematic approach to deal with complex decision situations
  • How to apply a set of practical analytical techniques to support business planning and strategic decision making
  • How to develop an analytical mindset that helps your organization move in the desired direction
Taught by
Alexander de Haan, Hans de Bruijn and Els van Daalen

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