High Stake Decision Making Simulation

High Stake Decision Making Simulation

High Stake Decision Making Simulation

Making Decisions under stressful circumstances.

Language: english

Note: 0/5 (0 notes) 157 students  New course 

Instructor(s): Dr Parthiban Vijayaraghavan

Last update: 2022-03-28

What you’ll learn

  • Learn and Demonstrate Conscious Thinking
  • Learn and Demonstrate Reflection
  • Understand various Biases during decision making under stress
  • How to make decisions when under Stress

 

Requirements

  • Working Professionals over 5 Years

 

High Stake Decision Making SimulationHigh Stake Decision Making Simulation

 

Description

How can anyone make rational decisions in a world where knowledge is limited, time is pressing, and deep thought is often unattainable? Some decisions are more difficult than others. Yet we’re often forced to make all of our decisions. We make easy ones: on autopilot.

One particular difficulty we have is; making decisions under stress which are low probability, but high stakes. We are least prepared to make the decisions. Even the most decisive manager can be thrown into despair when faced with a high-stakes situation. We make decisions every day without noticing, but a career-making (or breaking) challenge requires thought and deliberation. It’s unlikely that a single approach will serve you every time. However, there are key factors you should consider to ensure you reach a sound conclusion. In this course we will be sharing those key factors to be considered while making high stake decisions. This simulation is for professionals who have worked for over 5+ years, especially those who are operating under high stress environments. This course will be effective for those, who are reflective in nature, able to pause, think and pen down thoughts. Throughout this course, various reflection time have been provided, if you skip those reflection sections, this course will be a waste of time.

 

High Stake Decision Making SimulationHigh Stake Decision Making Simulation

 

Who this course is for

  • This program is for working professionals who are experiencing high stress in life and required to make critical decisions

 

Course content

  • Introduction
    • Introduction
  • Instructions
    • About Simulation
  • Story
    • Copiapo Mining Story
    • What is that you are going to do next?
    • What will be your First Course of Action
    • Another Decision Making
    • Another Decision Making
    • Another Decision Making
    • Another Decision Making
    • Another Decision Making
    • End of Part 1
  • Part 2
    • How the Story Unfolds
    • Debriefing
    • Past is not equal to Future
    • Reflection
    • Understanding Cognitive Biases
    • Anchoring / Availability Heuristic Bias
    • Leadership Paradox
    • Directive vs Empowering
    • How do Leaders Manage Leadership Paradox
    • Realism and Hope
    • Leaders Trait
    • Enrolling
    • Three Steps to Decision Making under High Stake Situation
    • Engage
    • Decisions should be Dynamic and Iterative
    • Closing Thoughts

 


 

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