Managerial Decision Making

Despite the panoply of data at our fingertips, managerial decision making isn’t significantly better today than it was thirty years ago.

Digital Transformation is providing management today with a wide range of possibilities to understand individual and group behaviors, objectives, and actions. Understanding the nature of the business problems we are trying to solve, the types of the data we have at our disposal, and the appropriate methods to address each type of problem is the key to improving managerial decision making. 

This introduction to managerial decision making discusses how managers can harness the techniques of information and cognitive sciences to improve their contributions in the design, production, marketing of products, service, and experiences. 

By successfully completing the Summer School Program, you will earn 4 ECTS credits, as well as professional certificates.

On successful completion of the course, the students shall be able to:

Learning Objectives:

• Understand how analytics can enhance decision making by converting data into actionable insights
• Apply the models and tools for creating, collecting, codifying, and sharing information
• Provide insights on how to choose and use appropriate decision models based on the challenges at hand
• Analyze the ethical issues and problems inherent in knowledge management, information sharing, and decision-making

Course syllabus available upon request.