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Submitted URL: http://subscription.meirc.com/go/8452847-732889-17184295
Effective URL: https://www.meirc.com/training-courses/leadership-management/certificate-in-business-decision-models?utm_source=Meirc%...
Submission: On September 05 via manual from SA

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CERTIFICATE IN BUSINESS DECISION MODELS



WHY ATTEND



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.



Request an In-House Proposal
Quick Enquiry Download Brochure Call Me Back
Register Now

Quick Links
Request an In-House Proposal
Quick Enquiry Download Brochure Call Me Back
Register Now
Overview Course Outline MPC Schedule & Fees Virtual Learning

HAVE A QUESTION?
+971 4 556 7212
+971 56 177 0877
abraganza@meirc.com
Amber will help you find what you are looking for.

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


 * The Principles of decision making
   * The standard decision-making model
   * The decision-making spectrum
   * Townsend’s rules
   * The RAPID model
     * Recommend
     * Agree
     * Perform
     * Input
     * Decide
 * Using data for better and informed decisions
   * Lewin’s force field analysis of support and opposition
     * Supporting forces
     * Restricting forces
   * Scenario analysis and charting possible futures
     * Risk factor
     * Cost factor
   * Mapping stakeholders’ reactions
   * Level of stakeholder power
   * Level of stakeholder interest
   * Dealing with the politics of decisions
 * Risk-based decision making
   * Risk impact/probability chart
     * The two primary dimensions
       * Probability
       * Impact
     * Creating the chart using excel
     * Decision tree analysis
       * Decision points
       * Chance points
       * Application exercise

 * Financial literacy for decision makers
   * Cost-benefit analysis
     * Brainstorming costs and benefits
     * Assigning a monetary value to the costs
     * Assigning a monetary value to the benefits
     * Comparing costs and benefits
   * Approaches to budgeting
     * Incremental budgeting
     * Zero-based budgeting
 * Implementing your decisions successfully
   * Round’s Trap model
     * Task
     * Resources
     * Arithmetic
     * Priorities
   * Shewhart’s PDCA model
     * Plan
     * Do
     * Check
     * Act
   * Lessons learned

MEIRC PROFESSIONAL CERTIFICATE (MPC)

MPC certified courses by Meirc Training & Consulting are designed for those
willing to challenge themselves and go the extra distance. Participants who
fully attend an MPC course and successfully complete the test on the last day,
will receive a Meirc Professional Certificate (MPC), in addition to the one they
receive for full attendance. MPC certificates are regionally recognized and can
be quite valuable when applying for more senior roles within the organization or
outside.


List of Certified Courses

USD AED


PER PARTICIPANT - 2021

USD 5200



PER PARTICIPANT - 2022

USD 5200



PER PARTICIPANT - 2021

AED 19100



PER PARTICIPANT - 2022

AED 19100



Fees + VAT as applicable



Tax Registration Number: 100239834300003

(including coffee breaks and a buffet lunch daily)


Discount Plans & Cancellations Policy



2021 - LOCATION & DATE


12 - 16 Sep, 2021

Cairo

Arabic

Intercontinental Cairo Citystars Hotel

Register Now

Meirc reserves the right to alter dates, content, venue, trainer, and to offer
courses in an integrated virtual learning (IVL) format whereby face to face
classroom participants and virtual learners participate simultaneously in the
same course in an interactive learning experience.



2022 - LOCATION & DATE


19 - 23 Jun, 2022

Dubai

Arabic

Venue to be assigned

Register Now
16 - 20 Oct, 2022

Dubai

English

Venue to be assigned

Register Now

Meirc reserves the right to alter dates, content, venue, trainer, and to offer
courses in an integrated virtual learning (IVL) format whereby face to face
classroom participants and virtual learners participate simultaneously in the
same course in an interactive learning experience.

This course is also offered in Virtual Learning, click on the course below.


Certificate in Business Decision Models - Virtual Learning

17 - 21 Oct, 2021

English

10:00 - 14:00 (UAE)

09:00 - 13:00 (KSA)

Register Now
Certificate in Business Decision Models - Virtual Learning

19 - 23 Jun, 2022

Arabic

10:00 - 14:00 (UAE)

09:00 - 13:00 (KSA)

Register Now
‹›


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
   * The standard decision-making model
   * The decision-making spectrum
   * Townsend’s rules
   * The RAPID model
     * Recommend
     * Agree
     * Perform
     * Input
     * Decide

 * Using data for better and informed decisions
   * Lewin’s force field analysis of support and opposition
     * Supporting forces
     * Restricting forces
   * Scenario analysis and charting possible futures
     * Risk factor
     * Cost factor
   * Mapping stakeholders’ reactions
   * Level of stakeholder power
   * Level of stakeholder interest
   * Dealing with the politics of decisions

 * Risk-based decision making
   * Risk impact/probability chart
     * The two primary dimensions
       * Probability
       * Impact
     * Creating the chart using excel
     * Decision tree analysis
       * Decision points
       * Chance points
       * Application exercise

 * Financial literacy for decision makers
   * Cost-benefit analysis
     * Brainstorming costs and benefits
     * Assigning a monetary value to the costs
     * Assigning a monetary value to the benefits
     * Comparing costs and benefits
   * Approaches to budgeting
     * Incremental budgeting
     * Zero-based budgeting

 * Implementing your decisions successfully
   * Round’s Trap model
     * Task
     * Resources
     * Arithmetic
     * Priorities
   * Shewhart’s PDCA model
     * Plan
     * Do
     * Check
     * Act
   * Lessons learned




MPC

MEIRC PROFESSIONAL CERTIFICATE (MPC)

MPC certified courses by Meirc Training & Consulting are designed for those
willing to challenge themselves and go the extra distance. Participants who
fully attend an MPC course and successfully complete the test on the last day,
will receive a Meirc Professional Certificate (MPC), in addition to the one they
receive for full attendance. MPC certificates are regionally recognized and can
be quite valuable when applying for more senior roles within the organization or
outside.


List of Certified Courses



SCHEDULE & FEES

USD AED


PER PARTICIPANT - 2021

USD 5200



PER PARTICIPANT - 2022

USD 5200



PER PARTICIPANT - 2021

AED 19100



PER PARTICIPANT - 2022

AED 19100



Fees + VAT as applicable



Tax Registration Number: 100239834300003

(including coffee breaks and a buffet lunch daily)


Discount Plans & Cancellations Policy




2021 - LOCATION & DATE


12 - 16 Sep, 2021

Cairo

Arabic

Intercontinental Cairo Citystars Hotel

Register Now

Meirc reserves the right to alter dates, content, venue, trainer, and to offer
courses in an integrated virtual learning (IVL) format whereby face to face
classroom participants and virtual learners participate simultaneously in the
same course in an interactive learning experience.

2022 - LOCATION & DATE


19 - 23 Jun, 2022

Dubai

Arabic

Venue to be assigned

Register Now
16 - 20 Oct, 2022

Dubai

English

Venue to be assigned

Register Now

Meirc reserves the right to alter dates, content, venue, trainer, and to offer
courses in an integrated virtual learning (IVL) format whereby face to face
classroom participants and virtual learners participate simultaneously in the
same course in an interactive learning experience.



VIRTUAL LEARNING

This course is also offered in Virtual Learning, click on the course below.


Certificate in Business Decision Models - Virtual Learning

17 - 21 Oct, 2021

English

10:00 - 14:00 (UAE)

09:00 - 13:00 (KSA)

Register Now
Certificate in Business Decision Models - Virtual Learning

19 - 23 Jun, 2022

Arabic

10:00 - 14:00 (UAE)

09:00 - 13:00 (KSA)

Register Now
‹›


HAVE A QUESTION?
+971 4 556 7212
+971 56 177 0877
abraganza@meirc.com
Amber will help you find what you are looking for.



SEARCH HERE

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Category Accounting and Finance Administration and Secretarial Auditing and
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Course : Certificate in Business Decision Models



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 * 
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 * 
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 * 
 * +961 3 450 366
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TAX REGISTRATION NUMBER : 100239834300003



OTHER LINKS

 * Articles
 * Blogs
 * Site Map
 * Privacy Policy
 * Terms and Conditions




DUBAI OFFICE

 * 1st Floor, Building 13, Bay Square, Business Bay
 * P.O. Box 5883, Dubai, UAE
 * 
 * +971 4 556 7171
 * 800 7100
 * +971 4 556 7299
 * dubai@meirc.com




ABU DHABI OFFICE

 * Offices 901 & 902, 9th Floor, Sultan International Tower (Old RAK Bank
   Building), Corniche Road
 * P.O. Box 62182, Abu Dhabi, UAE
 * 
 * +971 2 491 0700
 * 800 7100
 * abudhabi@meirc.com




JEDDAH OFFICE

 * Office 206, Sultana Square, Prince Sultan Road
 * P.O. Box 1394, Jeddah 21414, KSA
 * 
 * +966 12 606 1364
 * ksa@meirc.com




BEIRUT OFFICE

 * Beirut, Lebanon
 * 
 * +961 3 450 366
 * beirut@meirc.com





TAX REGISTRATION NUMBER : 100239834300003



© 2021 Meirc Training & Consulting. All rights reserved.