MDP on Decision Making for Managerial Effectiveness at IIM Bangalore

Start Date:2012-06-18
End Date:2012-06-20
Event Type:Strategy Seminar
For:

Young and middle managers with practicing experience of between five to twelve years will benefit substantially from the programme, as it will help them prepare decision strategies for the future.
This is a compulsorily residential programme as it will facilitate group work and other interactions that will lead to greater learning

Event Details:

Programme director (s): Dr L Prasad, Dr. Mukta Kulkarni, Dr. Rajeev Gowda M.V and Mr Ravindra Singh Bangari

 

Programme Charges:
Residential: Rs. 60,000/-
Non-residential: Rs. 58,500/-
Early Bird cuto? date: 07 May, 2012
Residential: Rs. 57,000/-
Non-residential: Rs. 55,575/-

 

Objectives
i) Appreciate the complexities of individual, group and organizational decision making processes, and be able to gainfully apply above knowledge and understanding to day-to-day professional and social environments, and in managing crises
ii) Become more aware of decision biases and their pitfalls, and be able to work out strategies to guard against these
iii) Gain an understanding into relationship between organizational performance and decision making, and the importance of building an organizational culture of mindfulness to prevent critical organizational failures


Contents
The programme shall expose participants to how framing, biases, motivational influences and escalation of commitment creep into decisions we make. We seek to understand how decisions made by smart and responsible individuals and groups can sometimes lead to organizational failures and
disasters, that can affect the destinies of thousands of people. We also try to understand how humans try to make sense of complex situations they may be called upon to deal with, and what strategies leaders and managers employ to deal with these complexities, uncertainties, and crises. Understanding this will help managers and leaders make better and more creative decisions in their organizations.

 

Contact Information:

The Administrative O?cer (EEP)
Indian Institute of Management Bangalore
Bannerghatta Road, Bangalore - 560 076
Phone: +91 - 80 - 2699 3264 / 3475 / 3742
Fax: +91 - 80 - 2658 4004 / 4050
E-mail: openpro@iimb.ernet.in

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