The ability to make effective decisions, to design comprehensible decision processes and to understand and manage risk is crucial for managers of all sectors. This course covers the most important decision areas for managers in the private and public sector: allocating scarce resources in different business units or policy areas; making trade-offs between financial/economic, ecological and social objectives; transparently selecting contractors; developing recommendations for siting public facilities; considering health or environmental risks.
Participants learn how to use Decision and Risk Analysis to support such decisions and build up their decision capability. The course enables participants to establish strategic priorities and to deal with conflicting objectives. They learn about frameworks for structuring compley decisions, involving stakeholders and managing risk effectively and they gain hands-on experience with relevant tools to aid resource allocation and option evaluation.
This course can also be completed as part of the Certificate in Leadership and Management, the Certificate in Public Financial Management and Methods, the Certificate in Intersectoral Management, the Certificate in Public Sector Innovation, the Hertie School - ESCP Europe Certificate Leadership in Business, Politics and Society, or the Hertie School - ESCP Europe Certificate Strategy and Decision-Making in Business, Politics and Society.
Professionals from all sectors (public, private, and from NGOs)
Seminar fees are exempted from tax according to Value Added Tax Act (UStG) §4 Nr. 21a. In Germany and many other countries, tuition fees for continuing education programmes are also fully tax-deductible as professional training expenses.
Seminar fee includes: attendance, online access to course documents, materials during the seminar, beverages in the Hertie School cafeteria (open on weekdays), certificate of attendance.
Registration is possible throughout the year, on a first-come, first-serve basis via our online application module. Admission is subject to availability.