Applied Decision Science
Published 5/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 864.91 MB | Duration: 2h 0m

Strategic Decision Making: Integrating System Thinking, Cognitive Biases, and Rationality. A Comprehensive Course.

What you'll learn

Understand how Decision-Making is evolving with the rise of Artificial Intelligence

Learn foundational frameworks and strategies to make real-world decisions under uncertainty

Master system thinking tools to overcome Cognitive Biases and achieve balance between Reflective and Reflexive Reasoning

Step into the role of a top-tier analytics consultant and navigate through a practical case

Requirements

English Proficiency

Description

Infuse rationality into your intuitive decision-making process through the application of systems thinking and other decision science techniques.In today's world, we're bombarded with a surplus of information but we have limited time to process it all. So we rely on Reflexive Reasoning, or simply put, cognitive shortcuts. But this can lead to bad choices: risky investments, unnecessary purchases, arguments with loved ones, group conformism. Understanding these shortcuts, or cognitive biases, is key to developing critical thinking and sound judgement. It leads to proper Decision-Making in the long run.But this is only part of the story. In this course, we put back Decision-Making into the broader context of Decision Science. What are objectively good and bad decisions ? How is the decision making process evolving with the rise of Artificial Intelligence ? How can we overcome systematic patterns of deviation from rationality in the face of uncertainty ? What is System Thinking leverage it in the real world ?In this course, you’ll get access to condensed theory to gain a foundational understanding of Decision Science, and you’ll be able to apply it all through a practical case coming straight out of Top Tier Consulting. You'll also be able to build your CBI Personalized Profile and access an exclusive introductory guide to Cognitive Science. Finally, you'll have access to 20+ pragmatic and relevant Notes, References & Commentaries on the subjects explored in this course.More on CBI Research: By incorporating Decision Science & Cognitive Science Principles into our daily lives, we begin to cultivate a mindset that promotes critical thinking and self-reflection. We really believe that by educating ourselves and others on this subject, we can address deeply rooted societal issues.

Overview

Section 1: Introduction to Applied Decision Science

Lecture 1 Applied Decision Science Trailer

Section 2: Modern Decision Making

Lecture 2 Dealing with Complexity

Lecture 3 The growing role of AI

Lecture 4 MDM - Augmentation

Lecture 5 MDM - Interaction

Lecture 6 The Economics of AI & Decision Making

Section 3: Decision Science

Lecture 7 Qualitative Taxonomy

Lecture 8 The Four Pillars of Decision Making

Lecture 9 The Four Horsemen of Decision Making

Section 4: Cognitive Biases

Lecture 10 Primer on Rationality

Lecture 11 Balanced Truth-Seeking

Lecture 12 Reflective vs Reflexive Reasoning

Lecture 13 Over-Reliance on Cognitive Biases

Lecture 14 Take your CBI Test

Lecture 15 Gotta Know When To Fold Them

Section 5: System Thinking under Uncertainty

Lecture 16 Strategic Techniques

Lecture 17 First Principle Thinking

Lecture 18 Triangulation Thinking

Lecture 19 Probabilistic Thinking

Lecture 20 Error Type Thinking

Section 6: Practical Case

Lecture 21 Case Overview

Lecture 22 Defensible Solution

Executives and managers responsible for Decision-Making in their organization,(Aspiring) Consultants, market Researchers, or Analysts who need to make data-driven decisions,Students studying fields such as business, economics, psychology, or behavioral science, looking for practical, industry insights,Anyone interested in improving their decision-making skills for personal growth and development