Course Details

Value-Based Decision-Making:  Gaining Competitive Advantage in an Uncertain World

In this 1-day interactive seminar, you will receive a solid introduction to the basic principles of decision analysis and learn how to analyze the choices that shape our lives and organizations. We will discuss various organizational and technical challenges to making high-quality decisions, and present the various tools and methods that can be employed to address these challenges. This seminar will help you: · Learn best practices on making smarter personal and professional decisions · Capture uncertainty and complexity in a structured, logical framework · Lead senior management and team members toward consensus on strategic planning · Avoid the pitfalls of relying on intuitive decisions The benefits of applying these concepts go well beyond making smart decisions, and include improved communication and buy-in, consistency of resource allocation across projects, focus on key drivers of success, and better quality and more efficient collection of relevant information. The material will be a combination of lecture, class exercises, and case studies which draw on examples from R&D, asset valuation, licensing deal structures, capacity planning, risk management, compliance, lifecycle management, and portfolio prioritization.

Catalog Number: BUSCOM 952-0
Additional Course Information: MSL students only


Course History

Fall 2017
Title: Value-Based Decision-Making:  Gaining Competitive Advantage in an Uncertain World
Faculty: Beccue, Phillip Craig
Section: 1     Credits: 0.5
Capacity: 30     Actual: 19