Problem Solving and Risk-Smart Decision Making
| Summary: | Improve business processes through an established method of solving problems and managing risks associated with decisions. |
| Benefit: | When managers have a system for solving problems and decision-making, the end result is improved business processes and more customer focused and service oriented business units. |
Class Objectives
- Understand general principles of customer-focused organizations
- (customer-focused processes and the value of employee empowerment)
- Be reminded of the elements that contribute to effective teamwork
Applied Skills
- Apply a 7-step process for problem solving and risk-smart decision making in order to improve processes:
- 1) Define the problem/ask the right question
- 2) Analyze the problem/the current situation
- 3) Generate a number of potential solutions/actions which might improve the situation
- 4) Narrow down alternatives by using a decision criteria matrix
- 5) Select an alternative (after assessing risks of potential actions) and create an action plan
- 6) Implement solution (preferably on a small scale)
- 7) Evaluate solution (check for intended as well as unintended effects)
- Receive feedback on the facilitation of the team at some stage of team problem solving and risk-smart decision-making
- Construct and effectively use a decision-criteria matrix
- Effectively assess and manage risks associated with decisions
| Course Length: | 1 Day (7 hours of content) |
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