Multi-Party Decision Making: From Conflict to Resolution
October 9-10, 2024 | 8am-4:30pm | UT Campus or Live Online | $3,350
Please note that Decision Quality Make The Right Choice Every Time" is a prerequisite for this course.
Course Details
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Upcoming Sessions
Class Details
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APPLY DQ FRAMEWORK IN MULTI-PARTY SITUATIONS
In many decision-making situations, more than one decision body is involved. They each have different goals with differing value metrics. Applying Decision Quality (DQ) principles requires the concepts and tools of Game Theory, Multi-Criteria DQ, and the skills for designing a process for effective collaboration and negotiation.
What You'll Learn
Decision Quality Framework for Multi-Party Decisions
- Understand the DQ framework and assemble concepts, tools, and skills for applying in multi-party decision situations
- Diagnose the situation and design the process for collaboration and competition
- Design multi-party processes for maximum success
Game Theory
- Game Theory 101
- Game Theory 201
- Apply game theory to participate in alliances, joint ventures, and negotiations more effectively
Multi-Criteria Decision Making
- Develop valuations using multi-criteria analysis
- Increase total value and achieve agreement with value transparency
- Quantify risk and use risk sharing to enhance the opportunities for multiple parties
Attending this Course
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Individuals
Those who want to make better decisions, especially when outcomes are uncertain and when risks include financial and non-financial impacts. -
Teams
Organizations often send pairs or small teams, to support the launch of new initiatives. -
Requirements & Credit
Decision Quality is a prerequisite for this course. Participants earn 1.4 CEUs and/or 14 CPEs for this course, as well as a certificate of completion.
Looking for University Credit?
Our classes are available for university credit. Please contact Elizabeth Krieg for more information.
This decision quality course is terrific. Informative, well-organized; will provide a great foundation for helping teams make good decisions.
Demonstrate Your Expertise with a Certificate
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Reimbursement Options
Learn more about course credits and options for course reimbursement. Get tips on the best way to approach your manager and download a customizable template to facilitate making the ask.
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Course Location
In person courses take place at the AT&T Executive Education and Conference Center and adjoining Rowling Hall on the UT campus in Austin. These world-class facilities provide a comfortable and convenient learning environment, with direct access to the 40 acres of campus and within walking distance of downtown Austin. Live online and on-demand course options are available for many courses.
In Partnership with Strategic Decisions Group
The Strategic Decision and Risk Management Certificate courses offered by Texas Executive Education combine The University of Texas at Austin’s academic and research depth with the decision and risk management expertise and track record of Strategic Decisions Group (SDG).
Strategic Decisions Group (SDG) is a global consulting firm with expertise in strategic decision making, risk management and shareholder value creation. SDG’s collaborative approach helps clients find innovative strategies for today while helping them build decision competency for the future.
Earn a Badge
We offer digital badges for select courses, which enable you to verify your skills and achievements. When you complete this course, you will earn a digital badge that you can showcase on your LinkedIn profile.
Additional Courses
Decision and Risk Analysis
Explore the foundations of decision quality and how to use a rigorous analytic framework to make better decisions in your personal and professional life.
Decision Quality: Make the Right Choice Every Time
Learn how to frame strategic choices, generate alternatives, develop credible forecasts, quantify uncertainty and judge the quality of a decision at the time it is made.
Human Biases in Decision Making: Avoiding the Traps
Understand the ways in which your mind, personality, and social structures can degrade your decision-making.
Leading Strategic Decision Making
Achieve success by effectively diagnosing a decision situation, designing a clear approach, facilitating communication, and presenting compelling rationale to key stakeholders.
Modeling and Analytics for Strategic Insight
Create models that answer executives' questions, produce compelling analyses, and ultimately gain commitment.
Multi-Party Decision Making: From Conflict to Resolution
Assemble concepts, tools, and skills for applying the DQ Framework in multi-party situations.
Resources
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Decision Quality: Strategic Decision Making Through Framing & Alternatives
Framing and finding alternatives are key links in the decision quality chain; necessary for determining if a decision is good or not. -
Decision Quality: Strategic Decision Making Through Information & Values
Decision quality is a strategic decision making process used to judge the quality of a decision at the time it is being made. -
Decision Making: The Good, the Bad, and the Ugly
Why do seemingly good decisions sometimes turn out all wrong? Conventional thinking often confuses decisions with outcomes.