MGT 422 Decision Making for Leaders
This course provides an overview of decision-making theory and practice, with emphasis on various heuristics and biases that result in poor decisions. Four areas are sampled: biases related to the limitations of human memory, limitations when considering correlation and causality, decisions made with and about other people, and the intractable problems associated with “unmaking decisions” (opinion change). Discussing statistical insights in a totally non-mathematical way, the course provides guidance for making sound decisions in leadership, management, and all areas of life.