Leadership Decision Making Terrabiz Group
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LEADERSHIP DECISION Optimising MAKING Organisational PerformanceTUESDAY, MARCH 17, 2020Karachi Marriott Hotel | 9 am to 5 pm COURSE FACILITATOR Dr. Umar Taj Executive Teaching Fellow Behavioral Decision SciencePrint Media Partner Business Magazine Partner Interna onal Partner LEADERSHIP DECISION Optimising MAKING Organisational PerformanceCOURSE INTRODUCTIONAre we hiring the best people for the job? Should we choose the risky option or the sure thing? Should we aimfor larger future gains or smaller immediate gains? How should we make rational decisions in uncertaintimes? What are the best strategies for negotiating an agreement? Should we trust gut feelings?The Future of Jobs report by World Economic Forum concludes that decision making is the top skill that isexpected to remain overwhelmingly ‘human’, which means it is a crucial skill that is hard to automate
From classical to contemporary times, two skills remain essential in all professional settings: wise judgmentand effective decision making. Grounded in theories and evidence from decision science, psychology,behavioural economics, and neuroscience, Leadership Decision Making is a real-life experiential course thatteaches leaders like you how to answer tough questions, improve the accuracy of your estimates, andstructure effective negotiations. Moreover, it teaches you how to design better decision environments—onesthat reduce bias and inaccuracy—making your organization smarter. Rather than passively acceptinginformation as it is given, you will transform information into new formulations—that is, become what we liketo call 'decision architects.'Leadership Decision Making highlights cognitive insights for boosting decision making. This is a step aboveand beyond what is taught in standard MBA courses. The learning is applied to 'your live decision' during thecourse and not on pre-canned artificial cases, because there is no unique solution to any decision or policyproblem - and, quite simply, no department or person is like another. In this course, cutting-edge researchwill be presented, some even before its release to the general public, and you will have the opportunity tointeract with experts both during and af ter the course
COURSE OUTLINE Leadership Decision Making translates scientific discoveries into practical strategies through decision exercises. The curriculum focuses on key areas that allow for the optimization of organizational performance, including: Reducing decision biases in your organization Improving negotiation skills Increasing forecast accuracy, especially for low-probability, potentially catastrophic events Understanding the role of emotion in judgment and decision making Designing smart accountability systems for judgment and decision making Gaining support for your decisions Communicating risk accurately and effectivelySPECIAL ACCESS TO DECISION CANVAS ™In this course you will gain special access to a proprietary tool created by Dr Barbara Fasolo and Dr Umar Taj(based at the London School of Economics and Political Science) that allows you to define your decision,identify bias and de-bias or nudge your decision in a simple and structured way. The visual representation ofthe decision problem and its complexity through the use of Decision Canvas™ makes it an ideal tool for groupdecision making with multiple stakeholders. Each step of the canvas is accompanied by proprietarysupplementary guides
LEADERSHIP DECISION Optimising MAKING Organisational Performance WHO SHOULD ATTEND? C-level Executives across every department of the organisation who are dealing, or are involved with, strategic decisions Anyone dealing with important decisions, either in private or public organisations, as well as small enterprises
Managers responsible for addressing challenges in their organization, those who want to "nudge for good" and those who will be in leadership positions in the future Designers and developers creating new products and ventures
To further leverage the value and impact of this program, clients are recommended to send cross functional teamsof executives. Details of group discount are given on the last page
Senior executives from following companies have attended this course Testimonials from the LEADERSHIPLondon School of Economics Course DECISION Optimising“Absolutely one of the best courses I have done at any MAKING Organisational Performancelevel. The decision canvas methodology is branddefining for LSE and actually represents the best way toexplain and apply behavioural science.” About Course Facilitator“I really loved this week with Barbara and Umar. Theywere a fantastic team. The mix of structured lecturesand assisted group work really helped me to Dr. Umar Tajunderstand what the learning outcomes were and I feel Executive Teaching Fellowlike I learned a lot. They even polled us in the middle Behavioral Decision Science, London School of Economics andand adjusted the course in response to our feedback
Political ScienceWhat more can you ask for?” Umar is an Executive Teaching Fellow in“Really good mix of content and practical tools, I Behavioural Decision Science at London School ofgenuinely feel I will use these tools personally and at Economics and Political Science and a Researchwork with my team.” Fellow in Behavioural Science at Warwick Business“Very synchronised as a team with Umar to make the School. His interest lies in helping public andimpact remarkably strong, strong mix of theoretical private institutions apply the latest insights frombacking for credibility with practical application, very behavioural science to improve decision making
aligned activities in the group work, structured, His current projects span the domains of tech,well-chosen readings, uses well-chosen examples as health, energy, finance, security, politics andmnemonic devices and clarification methods for education. Umar is the founder of Nudgeathon™ - acontent.” crowd-sourcing platform in which diverse teams of stakeholders come together to find behavioural“The lectures are very well designed. The readings solutions to social problems. He is also the founderrelate to the content and the practical part made it all of Behaviour Insight™ - a tech-based behaviourcome together. The group work was challenging but change solution that systematically identifiesisn't all group work like that? It was fun. It was barriers to behaviour change and guides the user toinformative and we felt that the Dr. Fasolo took every develop successful interventions. He deliversstep very seriously. I thank Umar and Dr. Fasolo for regular training and facilitation workshops and hasmaking this a course we will not forget.” provided his service to over 50 global institutions
REGISTRATION DETAILS Regular Tuition Fee: Rs. 75,000 +SST per participant Includes courseware, TerraBiz certificate, lunch, refreshments and business networking
Group Discount: *10% Discount on 2 or more nominations from the same organization (For larger groups, please send us a note at [email protected]) *15% Discount for the members of ICAP and CFA Society of Pakistan Discounts are mutually exclusive. Last date to avail any discount is Friday, 13 March For registration(s), send us your Name, Designation, Organization, Mobile, E-Mail and Postal Address to [email protected] Further information please call Mohammed Phaysal Mobile: 0300 213 3849 Phone: (021) 3480 1888 Email: [email protected] Terrabiz Cancellation Policy: For cancellations made in the 7 working days to the workshop, no refunds will be given. Cancellations must be confirmed by email. Substitutions may be made at any time
On-site & in-house training Get this course delivered how you want, where you want, when you want – and save up massive amount! If you have 6+ employees seeking training on the same topic, Talk to Us: Mohammed Phaysal Mobile: 0300 213 3849 Email: [email protected]
That reduce bias and inaccuracy—making your organization smarter. Rather than passively accepting information as it is given, you will transform information into new formulations—that …
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Frequently Asked Questions
How can leaders make ethical decisions?
Decision Leadership offers advice on how leaders can create cultures, environments, norms, and systems that will promote high-quality ethical decisions within their organizations. As such, the authors argue that the real task of leaders is not just to change “hearts and minds”—that is, persuasion—but to fundamentally change what people do.
Who should make the final decision in a group decision?
If there’s no clear consensus from the group, it’s the leader’s role to make the final call. If they’ve effectively gathered information and solicited feedback during the process, others will respect the leader’s decision that much more. Join our email community!
What is a key task in leadership and decision making?
A key task in leadership and decision-making is finding ways to encourage employees at all levels to make better decisions on the organization’s behalf in negotiations and beyond, according to a new book. What is the role of leadership in an organization?
How do leaders choose their decision making styles?
“Leaders who remain transparent in the manner in which they make decisions and why they choose different styles, dependent on the type of decision, are able to build trust and respect.” Four commonly recognized decision-making styles are: Directive.