Professional Documents
Culture Documents
Version No Rev 5
Date 23-Dec-2018
COURSE OBJECTIVES
We make decisions every day. Some decisions are routine but some have a profound impact on our
life. Gaining competency in such a vital subject is highly desirable both for personal and professional
wellbeing. The objective of this course is to provide an opportunity to gain this mastery: to be able to
achieve clarity of action in making any decision on which we focus our attention.
TEXT BOOKS:
R5 James Surowiecki, The wisdom of crowds, Little Brown Book Group, Mar-2005.
R6 J Edward Russo and Paul J.H. Schoemaker., Decision Traps – The Ten Barriers to
Brilliant Decision-Making And How To Overcome Them, Fireside Simon &
Schuster Inc., 1st edition., 1990.
LEARNING OUTCOMES:
# Learning Outcomes
Explain the fundamentals of decision making process and define the quality of a
LO1
decision.
LO2 Relate to the cognitive biases and interpret one’s decision objectively.
LO5 Select appropriate decision making tool and apply it in a given situation.
3. Case study: Columbia space shuttle disaster, Bay of Pigs & Cuban Missile Crisis
EVALUATION SCHEME
10 AM - 12
Noon
10 AM - 12
Noon