Technical managers and engineers make work decisions that are often of very high consequence to themselves, their employer, and society at large. Those decisions impact everything from their income, job security, advancement opportunities, and even the profitability and performance of their employer. Learn decision-making methodologies that can effectively influence alignment between the manager's technical decision processes and the company's organizational strategy. Discuss normative and descriptive approaches to strategic thinking. Explore the structuring of strategic decision-making processes using rational, descriptive, political, and uncertainty models. Investigate links between strategy, organizational structure, and value chain with technical decision-making. Learn about using performance measurement systems to assess the effectiveness of strategic decision processes.

Topics Include:

• Developing an organizational strategy
• Strategic decision modeling approaches
• Expected monetary value and utility theory
• Group decision-making techniques
• Negotiation in strategic decision-making

Earn 1.4 Continuing Education Units (CEUs).