Evidence-Based Management, Leadership and Decision Making Approach

Why select this training course?

Evidence-based management is a method or framework for making choices and developing strategies that integrate critical thinking. It stresses the collection of relevant evidence, as well as the use of the best available evidence to make choices and develop successful policies. This method enables more rational and reliable decision-making, improving performance for businesses and our stakeholders – the general public. Evidence-based management, decision-making, or leadership is a logical method for increasing organizational capability. It involves gathering and utilizing the best available evidence as information to support decision-making.

What are the benefits of backing decision-making with evidence? 

Evidence-based management involves using multiple sources of scientific evidence and empirical results to attain knowledge. The goal is to make decisions based on the best available evidence obtained through systematic data collection and analysis. This managerial approach empowers organizations to manage their risks and opportunities in ways that respond effectively to market demands, customer needs, and operational performance goals. Management choices may greatly influence a company’s profitability and well-being. On the other hand, management thinking might be impacted by biases, intuition, and other human characteristics. Evidence-based management would mitigate these risks, boost accountability, and promote better decision-making.

How can you improve your understanding of evidence-based management?

The Evidence-based Management, Leadership, and Decision-Making Strategy Training Course from Rcademy provides managers with the skills, strategies, and methodologies required to adopt an evidence-based management approach. This gives managers the confidence to make better, more informed choices, significantly reducing bias and uncertainty. The training teaches you to make better organizational decisions, improve results, and increase accountability. Evidence-based management entails utilizing the best available evidence to make choices and choose the best course of action. This requires thoroughly analyzing various aspects, such as external influences, experience, and anecdotes, to make the best choices for your business. Gain the abilities needed to flourish in the discipline by taking this training course.

Who should attend?

The Evidence-Based Management, Leadership, and Decision Making Approach Training Course by Rcademy is relevant to professionals in the various industry as making accurate decisions is essential for every business:

• Senior officials and management
• Policymakers
• Organizational leaders and team leaders
• Project managers
• Product managers
• Start-up founders
• Entrepreneurs

What are the course objectives?

The training course has been built to achieve the following objectives:

• To highlight the rising relevance of EBM in the present competitive scenario
• To encourage the use of science-based decisions instead of merely following industry trends
• To make decisions that are less tainted by irrational thinking or bias
• To help the organization get higher accuracy metrics like KPIs
• To perform better under uncertainty using evidence-based decision-making
• To recognize various sources of evidence available to practitioners
• To instill the skills of critical thinking in participants
• To get well acquainted with various stages of EBM
• To aim for higher efficiency by closing gaps in performance
• To assess and enhance the strengths and values of an organization to readily achieve their strategic goals

How will the course be presented?

This Training Program will comprise the following training methods:

• Interactive sessions and lectures
• Presentations
• Management games
• Roleplaying/modeling
• Case studies
• Group discussions
• Problem-solving sessions

What are the topics covered?

Module 1: Introducing Evidence-Based Management

• Meaning of EBM
• Need for EBM
• EBM under uncertainty
• Strategic goals and intermediate goals
• Using empiricism
• Studying starting state and current state
• The contrast between EBM and traditional management approaches

Module 2: Key-Value Areas of EBM

• Focus on delivering value
• Unrealized value and current value
• Examples of unrealized value and current value in an organization
• Time to market
• Ability to innovate

Module 3: Characteristics of Evidence

• What is the evidence?
• Why should evidence back decision-making?
• Scientific evidence
• Organizational evidence
• Experiential evidence
• Stakeholder evidence
• Types of evidence
• Critical appraisal of evidence

Module 4: Steps for Critical Thinking 

• Differentiating between fact and opinion
• Opinions disguised as facts
• Identifying information gaps
• Recognizing assumptions
• Taking in a different perspective
• Evaluating the quality of evidence
• Influence of emotions

Module 5: Stages of EBM: Asking and Acquiring 

• Identifying the problem to solve
• Asking the right question
• Underlying hypothesis or assumptions
• Elements of EBM question: PICO
• Acquiring organizational evidence
• How to find organizational evidence?
• Points to consider while acquiring evidence

Module 6: Stages of EBM: Appraising and Aggregating 

• Appraisal questions
• Checking the evidence for validity and reliability
• Critical appraisal tools
• Weighing the evidence
• Analyzing the risk involved in the decision

Module 7: Stages of EBM: Applying and Assessing 

• Selecting the most important evidence
• Applying the Evidence to Decision making
• Gold standard method
• Types of decisions
• Evaluation of the outcome
• Checking if evidence-based decision supports the hypothesis

Module 8: Evidence-based Leadership

• Balancing Transparency and Accountability
• Pursuing high performance
• Closing performance gaps
• Habits of Evidence-based Leadership
• Building a high-performance culture

Module 9: Mistakes to Avoid while Approaching Evidence-based Management

• Avoiding groupthink
• Checking cultural alienation
• Data manipulation
• Blindspot analysis
• Ignoring practitioners’ professional expertise

Module 10: Evidence-based Management Culture in Organization

• Encouraging a questioning mindset
• Continuous learning
• Providing a platform for applying to learn
• Effect of increasing accountability
• Building evidence-based capacity