The Art of Making Decisions under Uncertainty training centre in Bangladesh

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The Art of Making Decisions under Uncertainty

Introduction

Decision Making in business has much in common with military strategy. Right through the history, military conflicts have produced a set of basic principles that are excellent guidelines for business managers in meeting the competition in the market place.

Program Objectives
• Creating the mindset that decision making is the core of all managerial activities

• Acquiring the thinking process to make the best decision under conditions of Uncertainty, using the Decision and Information Sciences Ideology

• Emulating Military thinking and strategies into business

• Equipping decision makers with an array of concepts and tools to find the best solution to a problem, especially under conditions of Uncertainty

• Enhancing the Decision Making capability of the participants to a remarkable high level

Methodology

PowerPoint Presentation, Group Exercise, Question and Answer Session.

Contents of Training:

• A conceptual overview of the Decision and Information Sciences Ideology

• The Decision Making Process and Constraints

• Decision Making Under Conditions of Uncertainty, using the pay-off Matrix

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Arrangement for Certificate, lunch and two tea-break would be made by the Organizer during the workshop.