Evidence Based Managerial Decision Making

Introduction:

This course aims to help professionals develop and enhance their skills and knowledge of evidence based managerial decision making, which is the process of using the best available evidence to inform and improve managerial decisions. The course will cover topics such as:

  • What is evidence based managerial decision making, and why is it important for professionals?
  • What are the sources and types of evidence, and how can they be evaluated for quality and relevance?
  • What are the methods and tools for collecting, analyzing, and synthesizing evidence, such as surveys, experiments, meta-analyses, etc.?
  • What are the challenges and barriers to using evidence in managerial decision making, such as cognitive biases, organizational culture, ethical issues, etc.?
  • How can you overcome the challenges and barriers to using evidence in managerial decision making, such as developing critical thinking skills, engaging with stakeholders, communicating effectively, etc.?
  • Define evidence based managerial decision making and its importance for professionals
  • Identify the sources and types of evidence and evaluate them for quality and relevance
  • Apply the methods and tools for collecting, analyzing, and synthesizing evidence
  • Recognize the challenges and barriers to using evidence in managerial decision making
  • Implement strategies to overcome the challenges and barriers to using evidence in managerial decision making

This course is designed for professionals who want to learn how to use evidence in managerial decision making effectively and efficiently. The course is suitable for professionals from any industry or sector who are involved in or interested in managerial decision making.

Day One:

What is Evidence Based Managerial Decision Making?

  • Introduction to the course: objectives expectations agenda
  • What is evidence based managerial decision making? Definition history benefits challenges examples
  • Why is evidence based managerial decision making important for professionals? Benefits challenges examples
  • How can you use evidence based managerial decision making in practice? Frameworks principles steps examples
  • Self-assessment: How familiar are you with evidence based managerial decision making?

Day Two:

Sources and Types of Evidence

  • What are the sources of evidence? Definition types examples
  • How can you evaluate the sources of evidence? Criteria tools examples
  • What are the types of evidence? Definition types examples
  • How can you evaluate the types of evidence? Criteria tools examples
  • Quiz: Test your knowledge on sources and types of evidence

Day Three:

Methods and Tools for Collecting, Analyzing, and Synthesizing Evidence

  • What are the methods for collecting evidence? Definition types examples
  • How can you use the methods for collecting evidence? Techniques tools examples
  • What are the methods for analyzing evidence? Definition types examples
  • How can you use the methods for analyzing evidence? Techniques tools examples
  • What are the methods for synthesizing evidence? Definition types examples
  • How can you use the methods for synthesizing evidence? Techniques tools examples
  • Case study: Collect analyze synthesize evidence using various methods and tools

Day Four:

Challenges and Barriers to Using Evidence in Managerial Decision Making

  • What are the challenges to using evidence in managerial decision making? Definition types examples
  • How can you identify the challenges to using evidence in managerial decision making? Techniques tools examples
  • What are the barriers to using evidence in managerial decision making? Definition types examples
  • How can you identify the barriers to using evidence in managerial decision making? Techniques tools examples
  • Exercise: Identify the challenges and barriers to using evidence in a given managerial scenario

Day Five:

Strategies to Overcome the Challenges and Barriers to Using Evidence in Managerial Decision Making

  • What are the strategies to overcome the challenges and barriers to using evidence in managerial decision making? Definition types examples
  • How can you implement the strategies to overcome the challenges and barriers to using evidence in managerial decision making? Techniques tools examples
  • How can you monitor and evaluate the impact of using evidence in managerial decision making? Techniques tools examples
  • Feedback: Evaluate your learning outcomes based on a given managerial scenario

To enhance learning and practical application of concepts, the training course will use a combination of interactive lectures, case studies, group discussions, practical exercises, and real-world examples. Participants will also get the chance to collaborate on group projects and create action plans adapted to the needs of their respective organizations.

Outline: The course will run for five days with each day covering a different topic. The course will consist of lectures discussions exercises case studies videos quizzes feedback sessions.

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