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Certificate in Business Decision Models

5 Days
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Leadership and Management Virtual Learning

Certificate in Business Decision Models

Managers make decisions under three different conditions: certainty, risk, and uncertainty. It is part of their job description. Yet, few managers receive any formal training on decision making. This course provides participants with the essential business decision models and techniques in order to improve the quality of their decision making, taking into consideration the condition they operate under. It also offers key advice on decision-making models and techniques that will enable you to make more informed/better decisions, manage uncertainty, improve your success rate, and become a more effective manager. PrerequisitesNone — open to managers at all levels

Overview

Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies, and group exercises to apply knowledge acquired throughout the course.

Course Objectives

By the end of the course, participants will be able to:

  • Explain the principles of good decision making
  • Use data to make informed and better decisions
  • Implement risk-based decision making techniques
  • Develop essential financial literacy skills
  • Use tools to implement successful decisions

Target Audience

Managers, department heads, and business professionals who are involved in decision making, planning, and developing strategies for their own departments as well as the organization.

Target Competencies

  • Decision making
  • Risk management
  • Risk assessment​
  • Evaluation
  • Budgeting
  • Analytical thinking
  • Financial decision making

Course Outline

  • The Principles of Decision Making
    • Decision-making assessment
    • The standard decision-making model
    • The decision-making spectrum
    • Townsend’s rules
    • The RAPID model
  • Using Data for Better and Informed Decisions
    • Lewin’s force field analysis of support and opposition
    • Scenario analysis and charting possible futures
    • Case study
    • Mapping stakeholders’ reactions
    • Dealing with the politics of decisions
  • Risk-Based Decision Making
    • Risk impact/probability chart
    • Characteristics of the risk/impact probability chart
    • Decision tree analysis
    • Decision tree analysis implementation steps
    • Application exercises
  • Financial Literacy for Decision Makers
    • Capital budgeting and cost of capital
    • Accounting Rate of Return (ARR)
    • Payback Period (PP)
    • Net Present Value (NPV)
    • Internal Rate of Return (IRR)
  • Implementing Your Decisions Successfully
    • Round’s Trap model
      • How to use it
    • Shewhart’s PDCA model
      • How to use it
    • Application exercise
    • Lessons learned

Certificate of Completion

Issued by Gulf Training Institute

Upon successful completion, participants receive a certificate of completion from Gulf Training Institute.

Schedule & Fees

Currency:
Course Fees Starting From USD 2,000
Date Location Duration Price
18 Oct 2026
to 22 Oct 2026
Online 5 Days USD 2,000 Enroll Now
18 Oct 2026
to 22 Oct 2026
Online 5 Days USD 2,000 Enroll Now
25 Oct 2026
to 29 Oct 2026
Online 5 Days USD 2,000 Enroll Now
25 Oct 2026
to 29 Oct 2026
Online 5 Days USD 2,000 Enroll Now
01 Nov 2026
to 05 Nov 2026
Online 5 Days USD 2,000 Enroll Now
01 Nov 2026
to 05 Nov 2026
Online 5 Days USD 2,000 Enroll Now
08 Nov 2026
to 12 Nov 2026
Online 5 Days USD 2,000 Enroll Now
08 Nov 2026
to 12 Nov 2026
Online 5 Days USD 2,000 Enroll Now
15 Nov 2026
to 19 Nov 2026
Online 5 Days USD 2,000 Enroll Now
15 Nov 2026
to 19 Nov 2026
Online 5 Days USD 2,000 Enroll Now
22 Nov 2026
to 26 Nov 2026
Online 5 Days USD 2,000 Enroll Now
22 Nov 2026
to 26 Nov 2026
Online 5 Days USD 2,000 Enroll Now
29 Nov 2026
to 03 Dec 2026
Online 5 Days USD 2,000 Enroll Now
29 Nov 2026
to 03 Dec 2026
Online 5 Days USD 2,000 Enroll Now
06 Dec 2026
to 10 Dec 2026
Online 5 Days USD 2,000 Enroll Now
06 Dec 2026
to 10 Dec 2026
Online 5 Days USD 2,000 Enroll Now
13 Dec 2026
to 17 Dec 2026
Online 5 Days USD 2,000 Enroll Now
13 Dec 2026
to 17 Dec 2026
Online 5 Days USD 2,000 Enroll Now
20 Dec 2026
to 24 Dec 2026
Online 5 Days USD 2,000 Enroll Now
20 Dec 2026
to 24 Dec 2026
Online 5 Days USD 2,000 Enroll Now
27 Dec 2026
to 31 Dec 2026
Online 5 Days USD 2,000 Enroll Now
27 Dec 2026
to 31 Dec 2026
Online 5 Days USD 2,000 Enroll Now
Starting from
USD 2,000
Enroll Now
22 sessions available
Actions
Book In-House
Starting from
USD 2,000
Enroll Now
22 sessions available
Course Info
5 Days
22 upcoming sessions
Classroom available
Online available
Certified
Actions
Book In-House
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