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Decision-making and risk: an introduction

Contents:

  1. Who this course is suitable for
  2. What you’ll achieve
  3. Who developed this course
  4. Apply for this course

Explore big ideas about decision-making and risk and learn about the decision-making process, with this course for professionals.

 

Summary

Understand the decision-making process in a management context

How do we make decisions? How does our understanding of risk affect our decisions? Get answers to these questions and more, with this short course that explores big ideas about decision-making and risk.

You will learn about the definition of risk and look at some of the barriers that hinder effective decision-making in our professional and personal lives. You will also look at some techniques that could help overcome these barriers, and analyse Daniel Kahneman’s decision-making model.

What topics will you cover?

  • The difference between risk and uncertainty: are our professional and personal decisions as good as we think they are?
  • The nature of data and information
  • The challenges facing data management
  • Risk management
  • Barriers to effective decision-making

 

Who this course is suitable for

This course is for anyone looking to improve their knowledge of decision-making and risk within an organisation or business.

 

What you’ll achieve

By the end of the course, you‘ll be able to:

  • Explore the nature of data and information
  • Explore the challenges facing data management
  • Explain the difference between risk and uncertainty
  • Explore and deal with barriers to effective decision-making

 

Who developed this course

Coventry University

Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.

 

Apply for this course

  • To apply for a funded position on this course, please complete the form below.

    Who is eligible to apply
    • Applications are open to local authority staff in England only.
    • Applicants may only submit an application for 1 certified course at a time. Upon completion of that course, an application for further training can be submitted.
    • Applicants are expected to begin the course within one month of their application being accepted.

    Please allow 7 days for us to process your application.

  • This is to verify that you work for an eligible local authority. If you would like to provide a different email address for course correspondences, you can input it in the next form field.
  • This is the email address we will use to register you with FutureLearn. Information about the course will be sent to this email address.
  • We are interested in tracking how your knowledge increases as a result of completing this course, so please provide an indication of your current knowledge of the course topic.
  • *

Course details

Start date: Available on-demand

Duration: 2 weeks

Study time: 3 hours per week

Cost: Funded by LDCU

Decision-making, Leadership, Personal development

Course provider

Future Learn

Learn 100% online with world class universities and industry experts. Develop hobbies, new skills and career-changing expertise with FutureLearn’s flexible courses.