Introduction

Practical wisdom is an essential skill for decision-makers in all industries. It involves being able to navigate complex situations with sound judgment and ethical reasoning. This training program aims to help managers develop practical wisdom by providing them with tools and strategies for decision-making.

Methodologies

 This training program will use a combination of lectures, case studies, group discussions, and interactive exercises to facilitate learning. Participants will be encouraged to apply the concepts learned to real-world scenarios.

Target Audience

 This training program is designed for managers at all levels who want to improve their decision-making skills. It is suitable for those in both profit and non-profit organizations.

Objectives

By the end of this training program, participants should be able to:

1. Understand the concept of practical wisdom and its role in decision-making
2. Identify and analyze ethical dilemmas in decision-making
3. Use different decision-making frameworks and models
4. Develop a personal code of ethics
5. Apply practical wisdom to real-world scenarios

Course Outline

Day 1: Understanding Practical Wisdom

• Definition and characteristics of practical wisdom
• Importance of practical wisdom in decision-making
• Case studies of practical wisdom in action

Day 2: Ethics and Decision-Making

• Understanding ethical frameworks
• Identifying ethical dilemmas in decision-making
• Analyzing ethical dilemmas

Day 3: Decision-Making Models

• Different decision-making models (rational, intuitive, incremental, etc.)
• Pros and cons of each model
• Choosing the appropriate model for different situations

Day 4: Developing a Personal Code of Ethics

• Identifying personal values and ethical principles
• Developing a code of ethics
• Applying the code of ethics to decision-making scenarios

Day 5: Applying Practical Wisdom

• Applying practical wisdom to real-world scenarios
• Identifying biases in decision-making
• Strategies for overcoming biases
• Evaluating decision-making outcomes