Course Code: STRAT-304

Format: In-Person / Virtual

Description: High-stakes decisions are often derailed by cognitive bias. This course applies Decision Theory to mitigate traps like the Sunk Cost Fallacy and Confirmation Bias. Leaders learn to use structured tools like Decision Matrices to select between strategic pivots objectively.

Learning Objectives:

Mitigate cognitive biases (Sunk Cost, Confirmation Bias) in high-stakes decisions.

Use a Decision Matrix to objectively select between strategic options.

Analyze the psychological factors influencing executive choice.

Scholar-Practitioner Framework:

Theory: Decision Theory & Biases.

Application: The Decision Matrix.

Curriculum: Cognitive Traps; Structured Decision Tools; Post-Mortem Analysis.