Problem Solving and Decision Making

Date:
Jul 30 - Aug 02, 2019
Application Deadline:
Jul 20, 2019
Venue:
Rausing Executive Development Centre, LUMS

In today’s fast paced corporate setting, managers increasingly face situations that require critical decision making in an atmosphere of uncertainty and time pressure. Breaking down a problem and assessing the outcomes of different options is neither simple nor straight forward. High-quality decisions are essential for strong business performance, but only a few people get the training they need to make good decisions consistently, with clarity and confidence.

Using a unique blend of case studies, role plays and experiential exercises, the 4-day experiential programme provides an unparalleled opportunity to acquire skills and techniques essential for making high-quality decisions and solving problems effectively. Participants will build competencies by learning how to work on the right problem, develop and structure objectives, understand the consequences, and make appropriate trade-offs using several problem solving and decision making tools.

 


During the programme, the participants will develop an understanding of; 

  • Essentials of rational decision making
  • Decision analysis procedures in resolving problems
  • Analytical frameworks for framing problems and weighing alternatives
  • Breaking down complex decisions into manageable parts and analysing possible alternatives for making rational trade-offs
  • Dynamics of group decision making
  • Leading the decision making process and building collaboration with multiple stakeholders
  • How moral principles and ethical considerations impact decision making 
 

 

The programme is aimed at middle level managers having 3 - 8 years of experience with responsibilities for decision making and problem solving.

 

 

Programme Director
Assistant Professor
PhD, Lahore University of Management Sciences
Research Interests:
Supply Chain Management; Technology and Innovation in Supply Chain Relationships; Social and Environmental Compliance in Supply Chain Relationships; Operations Management
Co-Programme Director

RAZA RAFIQUE
Assistant Professor
PhD, Rutgers, State University New Jersey, US
Research Interests:
Supply Chain Design, Optimisation, Data Analysis, Operations Management, Energy & Health Care Management

Additional Faculty

ZAINAB RIAZ
Assistant Professor 
PhD, Management from Loughborough University
Research Interests:
Construction IT, Open Data for Urban Planning, Management Information Systems

"The programme stimulates learning and instills a very structured approach towards decision making. I have found this programme to be very useful for both professional and personal growth in the long haul" 
 
Ahmed Ali - Monsanto Pakistan
 

"The encapsulation of the programme is commendable as each component establishes its connection with the next one. Absolutely fantastic way to solve a problem without even getting into it."
 

 

Usman Ahmed - International Steels Limited

  

"The programme will have everlasting impact on me. I came here with a set of expectations and now leaving with a sense of fulfilment. Problem Solving and Decision Making programme is a very intuitive program and it takes a real effort to be a part of sublime thinking process in terms of objectification. Learn to formalise your intuition whenever you face a problem or decision." 
 
Hassan Ahmad - Jazz
 
Programme Fee PKR 120,000
Residential Fee PKR 47,500

* Programme fee includes tuition cost, reading material, tea and lunch served during the programme. 

ACCOMMODATION
If you wish to avail accommodation at LUMS, there will be additional fee. It includes accommodation, breakfasts and dinners for the duration of the programme. However, any extra charges such as telephones, extra meals etc should be paid on departure. You may check-in on the evening preceding the start date of the programme and check out the morning after the programme ends. You are, however, requested to inform us of the time of your arrival and departure.

We offer single bed accommodation at the Rausing Executive Centre. Each bedroom with attached bathroom is equipped with mini-fridge, writing desk and direct dial STD/ISD telephone and cable TV. All bedrooms at REC are internet-ready. Please note we do not provide accommodation for drivers accompanying participants.

ADMISSION PROCESS
Applications will be screened with regard to their suitability for each programme. Kindly ensure that your complete online application form reaches the office by the deadline. Incomplete application forms will not be entertained.

*Seat in the programme will be reserved on a first-come, first-served basis.

PAYMENT
Payment is due upon receipt of the acceptance letter along with the invoice. Please ensure that the payment reaches the office BEFORE the start of the programme. Space in the programme may only be ensured after we receive the fee.

Our preferred mode of payment is by cheque/banker’s draft payable to Lahore University of Management Sciences. Personal cheques will not be entertained. However, the programme fee can also be paid via bank transfer.

Please send the cheque to:
Marketing Manager
Rausing Executive Development Centre
Lahore University of Management Sciences
Sector "U", DHA, Lahore Cantt. Lahore - 54792
Tel: +92-42-35608119-8243

* LUMS is a non-profit organisation under the Income Tax Ordinance 2001. Accordingly, the income of LUMS is not tax deductible/collectable.

DISCOUNT POLICY
If more than two executives from the same organisation participate (up to a group size of 5 participants) in a program, each additional participant after the first two gets a 20% discount on the programme fee.

SUBSTITUTES/TRANSFERS AND REFUNDS
If you are unable to attend a registered course, we will accept a substitute until 2 working days before the programme. Substitute candidates will be subject to the same selection process as the original one. If you wish to cancel your name from a programme, please notify in writing or on call at least 5 working days before the programme. In case of late cancellation, course fee will be refunded after deducting an application processing fee of PKR 20,000.


It is possible to transfer deposited fee to any open enrolment programme within 3 years. Transfers should be notified at least 5 working days before the programme. In case the participant or sponsoring organisation fails to utilise the funds within 3 years, the deposited fee will be forfeited.

Note: REDC may cancel or postpone a programme due to insufficient enrolment or unforeseen circumstances. In this case, university will refund registration fee but will not be responsible for any other related charges/expenses including cancellation/change charges by airline and travel agencies.

In case of postponement, the fee may be transferred to the rescheduled offering of that programme or any other programme as an alternate to refund. The University reserves the right to make changes in its programme policies and fees at any time.