Risk-Based Decision Making During COVID-19 Crisis

Instructor: Bijan Elahi
Product ID: 706528
  • Duration: 60 Min
Most of our decisions are made with incomplete information, which leads to uncertainty and anxiety about the outcomes. Risk-based decision making is a rational, explainable and defensible way of making decisions. The knowledge you will gain is applicable to all areas of work and life.
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Why Should You Attend:

This webinar will help you understand risk and how to avoid cognitive traps that lead to erroneous decisions. You will learn how to characterize your decisions based on risk and make intelligent trade-offs that lead to confident, explainable and defensible decisions. We will deepen your learning by applying the presented techniques to a current problem: Covid-19 and the critical decisions that our policy makers face.


Areas Covered in the Webinar:

  • What is risk
  • Why humans are inherently terrible at risk assessment
  • How our brains perceive and process risk
  • What factors have the greatest impact on risk perception?
  • How to incorporate risk in your decision-making
  • Risk-characterization of your decisions
  • Establishing risk acceptance boundaries
  • Risk/benefit analysis
  • Example of risk-based decision-making applied to Covid-19

Who Will Benefit:

This webinar will benefit anyone who wants to make better decisions.

Examples:

  • Business leaders
  • Technical people
  • Product developers
  • Supply chain managers
  • Regulatory and compliance
  • Governmental policy makers
  • Finance
  • Safety professionals
  • Anyone who is grappling with major decisions: buying a house, choosing a school, moving to a new location.
Instructor Profile:
Bijan Elahi

Bijan Elahi
Risk Management Consultant, Medtronic

Bijan Elahi has worked in safety risk management for medical devices for over 25 years at the largest medical device companies in the world, as well as small startups. He started his work in risk management in aerospace; last working on the Space Shuttle at NASA before transitioning to the medical device industry in the early 1990’s.

Bijan is the corporate expert on risk management at Medtronic. In this capacity, he offers education and consulting on risk management to all Medtronic business units worldwide. Bijan is also a lecturer at Delft University of Technology, and Eindhoven University of Technology in the Netherlands, where he teaches risk management to doctoral students in engineering. Bijan is a frequently invited speaker at international professional conferences, and is also a contributor to ISO 14971, the international standard on the application of risk management to medical devices. He is the author of the book Safety Risk Management for Medical Devices.

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

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