Applied Decision Science
Published 5/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English
| 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
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