Harpenden

<p>When managers have too many decisions to make, it can have a serious impact on the speed and efficiency of the organisation. When those decisions are commercial ones, the results can wreak havoc with the bottom line.</p><p>Often the problem arises when those below them or in operational areas of the organisation aren't equipped or allowed to make a decision for themselves. Issues get passed back up and that wastes time.</p><p>This programme provides a solution, giving your entire team the skills to:</p><p>And most importantly, they'll be able to do this in line with the broader aims and commercial objectives of the business.</p>By the end of the programme participants will be able to:<ul><li>Fully appreciate the importance of effective decision-making in business</li><li>Use the five-step 'Stop, Think, Act!' decision-making process</li><li>Stop leaping to conclusions</li><li>Really understand the situations and decisions they are dealing with</li><li>Identify good options</li><li>Evaluate those options</li><li>Make decisions and then put them into action</li><li>Apply these tools and techniques to all their decisions in future</li></ul><section>
                    <h3>1 Understanding the business we work in</h3><ul><li>What are the critical factors in our business?</li><li>What is the SWOT analysis for our business?</li></ul> <h3>2 Understanding what decision-making is</h3> <h3>3 Background</h3><ul><li>Culture of 'having to be doing'</li><li>To change things we have to think about it!</li><li>We are paid to make decisions!</li></ul> <h3>4 Recognise the opportunity to make a decision</h3> <h3>5 The 'Stop, Think, Act!' technique</h3> <h3>6 STOP!</h3><ul><li>Recognise the opportunity to make a decision</li><li>Don't leap to conclusions</li><li>Get ready to think</li><li>Initial questions:<ul><li>Is this my decision? (Do I have the authority?)</li><li>Who is this going to affect? (Do they need to be included?)</li><li>When do I need to make the decision? (What's the timeline?)</li></ul></li></ul> <h3>7 THINK!</h3><ul><li>The 3 Cs - making sure we understand the decisions we have to make</li><li>What is the context of this decision?<ul><li>What is the overall situation?</li><li>Why is this decision important?</li><li>What do we need to achieve?</li><li>What will success look like?</li></ul></li><li>Do I have clarity about the decision I need to make?<ul><li>Can I write it down?</li><li>Can I express it clearly in two sentences?</li></ul></li><li>What are the criteria?<ul><li>What are the critical commercial factors that we will use to select our options?</li><li>What will we use to measure the business success?</li></ul></li></ul> <h3>8 ACT!</h3><ul><li>Identifying options</li><li>What data do I need to collect?<ul><li>Issues with today's overload</li><li>Identifying what will help you</li></ul></li><li>Select options<ul><li>How many options?</li><li>Must match your criteria</li><li>Must achieve success</li><li>'Decision compass' exercise</li></ul></li><li>Analyse options<ul><li>Tabular method</li><li>Risk analysis (likelihood <em>v</em> effect)</li><li>Head, heart and gut (is there any organisational history/bias that we are up against?)</li></ul></li><li>Making your decision</li><li>Taking it to action<ul><li>First actions</li><li>Planning how to make it happen</li></ul></li></ul> 


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The In House Training Company

Business Leadership

Organisational Skills

1 Courses in Cardiff

Commercial decision-making - 'Stop, Think, Act!' (In-House)

By The In House Training Company

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