Strategic Thinking and Decision-Making
Plan for strategic action and boost your decision readiness. Effectively assess opportunities, overcome decision traps, and elevate your confidence to drive results.
Aware or not, leaders regularly make decisions on behalf of their organizations; where to commit resources, when to take action, and how to set precedents. Good decision-making requires analyzing complex opportunities and problems, considering alternative points of view, and formulating well-reasoned arguments.
Strategic Thinking and Decision-Making teaches individuals how–and when–to use, interpret, and evaluate evidence, assess opportunities, identify critical issues, and articulate practical courses of action. Participants examine intuitive decision-making processes and discover common decision traps or failures of reasoning that impact decision quality. These include biases, mental short-cuts, and short-term thinking.
Throughout this program, you will hone your strategic thinking abilities when facing hard decisions. You will gain awareness about practical approaches to individual and group decision-making and improve your ability to make sound choices that position your organization for success.
Who Will Benefit
Strategic Thinking and Decision-Making is designed for emerging and experienced leaders across all levels, functions, and departments in any organization – those responsible for essential decisions, and anyone seeking to increase their decision readiness and confidence to drive strategic action. Participants commonly include individuals in Director, VP, and C-suite roles.
What You Learn
Interpret inputs for decision-making
- Discern noise vs. signal to manage inputs and structure decisions in complex environments.
- Evaluate evidence and predict potential issues with your proof and process.
- Collect and use data for decision-making.
Navigate the decision process
- Recognize and avoid decision traps, emotions, and failures of reasoning.
- Practice System 1 and System 2 thinking, situational assessment, information-seeking, and mindfulness.
- Balance competing loyalties between group members and external shareholders.
- Align multiple, often competing interests to build consensus and enhance decision quality.
Think and plan strategically
- Make trade-offs and plan for the future in complex, uncertain circumstances.
- Mitigate over-optimism in project planning and prediction.
- Link scenario planning and strategic thinking. Use reference-class or similarity-based forecasting.
- Examine probabilities and present impact choices — model strategic foresight in the context of your organization.
The total learning time commitment for this program is 18 hours.
How You Learn
Strategic Thinking and Decision-Making is deeply experiential, grounded in case research, and facilitated by expert faculty from Ivey Business School. Our real-world approach to learning is about practical application. You will finish the program with new skills, crowdsourced wisdom, and the confidence to navigate strategic planning and decision-making in your team, department, or organization.Learn more about the Ivey Experience
Return on Investment
- Earn a credential from Ivey Business School. Your Strategic Thinking and Decision-Making digital badge is linked to a unique URL, allowing you to showcase your advanced proficiency in online profiles.
- Explore new perspectives while taking time for mindfulness, reflection, and practice away from the demands of your day-to-day. Return to work with an open mind and increased confidence to be an effective strategic thinker.
- Receive discounts on select programs, exclusive event invitations, and curated collections of thought leadership and research from Ivey Business School.
- Gain insights from across various sectors, industries, and organizations, borrowing best practices and new perspectives from outside your organization to jump-start innovation.
- Elevate your decision-making readiness and strategic thinking capabilities to find new opportunities for value creation within your organization.
- Manage more effective strategic planning to keep your organization competitive and future-oriented.
- Connect with top Ivey faculty to gain new perspectives on key organizational challenges.
Online programs are delivered through a blend of live interactive virtual sessions with Ivey faculty facilitators and self-paced learning modules. Each module guides you through videos, cases, and exercises that help you prepare for and reflect on your learning. You’ll then participate in a live online class to discuss and apply your new knowledge with peers and faculty. All components of virtual programs are required for participants.
Organizations and participants in Canada may benefit from the Canada Job Grant or the Canada Training Credit to offset a portion of program fees. Visit our Funding Resources page to learn more.
Seats in programs may be reserved for a limited time pending availability. Contact a program advisor to request a reservation. A program application must then be confirmed within 15 business days, and no less than 30 days before the program start date.