May 21, 2024  
2016-2017 Saint Joseph’s College Online 
2016-2017 Saint Joseph’s College Online [Archived Catalog]

Add to Portfolio (opens a new window)

MB 505 - Knowledge-Based Decision Making

Synthesizes systems thinking, statistical thinking and psychology into a system of knowledge that will improve the quality of decisions. Using the framework of the Plan-Do-Study-Act cycle, this course examines the overall process of decision-making (both individual and group) and provides guidance in the approach to problem definition, data/information gathering, analysis & interpretation, and selecting a course of action.

Prerequisites & Notes
MB520, MB530, MB641, MB650

Assignment Overview
Assignments: 10 Week Course 

Interactivity: Discussion Board

Final Assessment: None

Course Learning Objectives
Upon completion of the course, you should be able to do the following: 

  • Formulate a decision-making process that will improve your leadership effectiveness. 
  • Effectively plan for the collection of meaningful data/information. 
  • Think statistically and apply the theory of variation in developing knowledge. 
  • Avoid the common pitfalls and traps in choosing among alternatives. 
  • Formulate and evaluate a personal ethical-decision-making framework. 
  • Use the power of a group in making a sound decision. 
  • Continually improve your decision making.

Credits: 3

Add to Portfolio (opens a new window)