Browse Learn C1354

Effective Decision-Making: A Methodology Approach C1354

Effective decision making is critical to maximizing profit/minimizing expenses, return on capital spending, and operational efficiency. To understand the impact of decisions that affect the enterprise, professionals at every level must secure and integrate relevant cross-functional information. Register for this seminar and learn skills needed to base decision making on solid business knowledge and sound financial principles instead of on emotion or "your gut." The instructor walks you through the tenets of structured decision-making and teaches a step-by-step approach to make practical, effective decisions.

Note: Participants are requested to bring a scientific calculator capable of doing exponential calculations for class analyses.

Learning Objectives
By attending this seminar, you will be able to:
  • Define the decision boundaries and expectations for decision outcomes
  • Select the optimal methodology for decision making
  • Select the best decision-making criteria in making project decisions and allocating capital budgets
  • Determine the lowest enterprise costs in raising capital through debt and equity offerings
  • Analyze make-buy, buy-lease, replacement and other alternative enterprise decisions based on the best financial strategies
  • Articulate the financial sensitivity of project decisions and the use of decision tools for integrating cross-functional business requirements
  • Develop an effective decision-making structure for your unique specific project criteria and your organization

Who Should Attend
This seminar will benefit individuals having responsibilities in engineering, business, finance, marketing, purchasing, manufacturing, research, and program management. In addition, local government leaders and individuals in non-profits may benefit from these decision-making case studies in determining business decisions including which projects and grants should be supported. A group from the same organization may find it advantageous to attend together.

Individuals holding a business or technical degree, combined with some management decision experience, will find this seminar extremely helpful. Knowledge of spreadsheet software and mathematical functions is required.

  • Decision Boundaries and Expectations
    • Region & Functions Impacted
    • Time Frame of Decision
    • Outcomes
    • Plan B
  • Decision-Making Principles
    • Evolution
    • Terminology
    • Types
    • Stages
  • Financial Principles
    • Time Value of Money, Interest & Inflation
    • Worth (Present Value, Future Value, etc.)
    • Financial Decision Methods (NPV, IRR, Payback Period, etc.)
    • Case Studies
  • Decision-Making Criteria
    • Market Demographics
    • Product or Service Position/Leadership, Parity
    • Financials & Price/Margin/Cost Reduction
    • Quality/Customer Satisfaction
    • Change in Business Direction/Vision
    • Personnel/Job Creation
  • Cost Impact & Enterprise Decisions
    • Cost of Capital: Equity & Debt, Revenue Sources
    • Cost of Ownership: Depreciation, Accelerated Cost Recovery
    • Influence of Tax Obligations
    • Case Studies
  • Alternative Financial Decisions for the Enterprise (Principles & Case Studies)
    • Make/Buy
    • Buy/Lease
    • Replace/Repair
    • Investments of Unequal Life
  • Sensitivity & Scenario Analysis & Decisions (Case Studies)
  • Decision-Making Methodology
    • Matrix Priority Rating System
    • Case Study by Attendees

James Masiak

Since 1986, James Masiak has actively worked in product and process development and implementation of business processes for General Motors. Activities include the implementation of an enhanced engineering product cost management process within GM North America, the alignment of cross-functional organizational initiatives, and development of an engineering resource allocation plan for GM Regions. Mr. Masiak was also responsible for the development and implementation of Global Engineering and Business Strategies across General Motors International Operations. His initial assignments at GM included vehicle and component testing & analyses, product development & management and strategic planning and benchmarking. He has recently applied the Innovation Corps Business Model Canvas methodology in assisting college and private sector startups. Mr. Masiak received his B.S. in Mechanical Engineering from Wayne State University, his M.S. in Mechanical Engineering from the Massachusetts Institute of Technology, and his M.B.A. from the Michigan State University Executive Management Program.

Hotel & Travel Information

Fees: $810.00
SAE Members: $648.00 - $729.00

.7 CEUs
You must complete all course contact hours and successfully pass the learning assessment to obtain CEUs.

”A well taught class with emphasis on course content. I felt much more informed using the tools learned here in Effecting Decision Making, as it pertains to my job.”
Lawrence Dalimonte
Director Advanced Technology Development
Tenneco Inc.


To register, click the Register button above or contact SAE Customer Service 1-877-606-7323 (724-776-4970 outside the U.S. and Canada) or at

Duration: 1 Day
June 14, 2019 (8:30 a.m. - 4:30 p.m.) - Grand Rapids, Michigan
June 21, 2019 (8:30 a.m. - 4:30 p.m.) - Troy, Michigan