Strong decision making is a vital skill as a business leader, but it’s rarely easy. It’s a complex process that requires both strategic and emotional responses to get it right.
Multi-Criteria Decision-Making, or MCDM, is a tool that can be applied to many of the complex decisions you face while running your business on a daily basis. It is most applicable to solving problems that are characterised as a choice among alternatives, and effective application of MCDM can help you focus on what’s important, whilst making instinct-informed decisions in a strategic, logical way.
Joining us to explore this concept is Richard Leam, a leader with a proven track record of high achievement in diverse, complex, and demanding situations.
During 25 years at sea, Richard held command of operations in every rank from Lieutenant Commander to Chief of Staff at NATO Maritime Command, to Rear Admiral Strategy Advisor in the Royal Navy. Richard has since made a full transition to civilian life, and the charity sector in particular. During his tenure as CEO of Guide Dogs, Richard led the charity to more than double its annual income, and is now CEO of Tall Ships Youth Trust.
As a communicator, consensus builder and motivator, Richard has led strategic change programmes, collaborations and mergers, and routinely managed large-scale human and financial resources. Richard will share examples of when he has utilised MCDM to his advantage in a range of scenarios across a diverse career.
- Understanding MCDM as a tool and how it can be put into practice in your business
- Tactics for approaching complex decisions with multiple options to reach the best possible solution
- Learning to analyse your options in a hierarchical way, and how to go about ranking them