Presentation at the HEA-funded workshop 'Exploring innovative approaches to experiential teaching and learning in management decision making education' This one day workshop provided a platform to critically examine various innovative approaches to experiential teaching/learning in Management Decision Making in order to provoke and stimulate educators. The workshop consisted of invited speeches, participants’ presentations, group debate and discussion, and panel Q&A. There were also opportunities for professional networking and socialising. This presentation is part of a related blog post that provides an overview of the event: For further details of the HEA's work on active and experiential learning in the Social Sciences, please see: http://bit.ly/17NwgKX

1. Dr Sarah Keast

3. Information management
Mathematics for Business
Business Decision Making
Interpreting Economic Data
Game Theory
Multi agent modelling
Complexity
Behavioural economics

4. “Essentially the decision taking process involves:
• identifying the situation, alternatives and outcomes;
• differentiating between outcomes;
• choosing the alternative that results in the outcome
that is optimal by some chosen definition.”
(Keast & Towler, 2009)
Uncertainty
& Risk
Probability
Rationality
Descriptive,
Prescriptive,
Normative
Bias
Models
People

7. Fundamentals
Conceptual foundations
The psychology of thinking
Language and thought
Critical Thinking
Inquiry
Reasoning
Inferential errors
Argumentation
Managerial thinking
Thinking in group and organisational
contexts
Problem solving
Problem solving functions
Problem identification
Problem definition
Problem analysis
Diagnosis
Alternative generation
Design
Decision making
Negotiation

8.  Keast, S. & Towler, M. (2009) Rational decision-making for
managers, West Sussex: John Wiley & Sons
 Smith, G.F. (2003) Beyond Critical Thinking and Decision
Making: Teaching Business Students How to Think, Journal of
Management Education, 27(1), pp 24-51
Thank you for listening