Risk Analysis in the Decision-Making Process for Senior Management - ERP Spain.com - España y América Latina

For a decision, it is not enough to estimate the expected results and calculate the resources that will be required. Rather, the analysis and evaluation of risks and their contingencies are essential. So, the question is: how to be sure you're making the right decisions and designing robust plans? Increasingly, managerial decision-making processes in companies need to reach a consensus among their managers and directors. Also, the consequences of making a wrong decision have excessively high costs and do not always give us a second chance. Simulating does not mean making deliberate gimmicks to create a somewhat distorted image in others. Simulations are a very widespread and extremely useful computational-based statistical method that allows the qualitative and quantitative evaluation of the result of following different alternatives to handle a relatively complex system, subject to random behaviors (stochastic processes). In managerial applications, it is widely demonstrated that the professional elaboration of simulation models contributes substantially to the discovery of intelligent business options and facilitating the process of reaching the necessary consensus for a decision. The webinar will deal with interesting Computer Simulation applications (Monte Carlo) built with Excel/@RISK to analyze decisions in the areas of Finance, Commercial, Logistics, Project Management, Operations, and Business, enabling a space for professional contact and exchange of experiences among participants.