BISA1110 Making Decisions (5 op)

This course explores the complexity of decision-making beyond traditional rational models. Students will examine how decisions are influenced by bounded rationality, ambiguity, and social context. The course will highlight the balance between exploration (innovation) and exploitation (using existing resources), emphasizing that decision-making is not just a technical process but a social one shaped by organizational culture and human behavior. Students will also learn the importance of reflecting on past decisions to enhance future choices. By the end of the course, they will be equipped to navigate uncertainty and make informed decisions in complex environments. The course offers tools for strategic planning, entrepreneurship, and sustainable decision-making.

Upon successful completion of the course, students should be able to:
1. understand the structure and stages of decision-making processes
2. identify and know about the management of typical challenges in effective decision-making
3. engage in designing organizational planning and decision-making processes
4. being sensitive to different decision-making contexts (e.g., various organizations differing in terms of size, age, and mission)

A collection of reading materials assigned by the lecturer