Modeling and Analytics for Strategic Insight
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Create Models That Gain Commitment
Decision models are created to generate insights to guide and inform strategic decision-making. This class will equip you to answer questions like: Which strategic alternative creates the most value? Why is it better? How much risk does it entail? What are the most important sources of risk? Create models, extract powerful insights, and present analysis results for complex strategic decisions.
Benefits
Create models that answer executives' questions, produce compelling analyses, and ultimately gain commitment.
- Use influence diagrams to help structure a model
- Design models with a parametric approach to maximize insights
- Anticipate decision-makers’ questions and design in features to answer them
- Learn gold standards for developing decision models in spreadsheets
- Build a decision model for a typical business strategy situation
- Discover how to create flexible models that allow you to analyze multiple strategic alternatives
- Learn best practices for diagnosing and preventing errors in your model
- Understand sensitivity analysis and the information it provides
- Conduct probabilistic analysis to general additional insights and understand risk
- Identify how to effectively communicate the insights derived from your model
Enrollment Options
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Individual Enrollment - In Person & Live Online
Enroll in this course as an individual for $2,950. -
Individual Enrollment - On Demand (Online)
Enroll in this self-paced online course as an individual for $1,295. -
Group and Custom Enrollment
Enroll as a team, or customize this program for your organization.
Upcoming Sessions
Class Details
Strategic Decision and Risk Management
Date
On Demand
Instructors
Steven Tani
Eric Bickel
Location
Online
| Modeling and Analytics for Strategic Insight |
Strategic Decision and Risk Management |
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Date On Demand |
Instructors Steven Tani Eric Bickel |
Location Online |
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Class |
Concentration |
Date |
Location |
Instructors |
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|---|---|---|---|---|---|
| Modeling and Analytics for Strategic Insight |
Strategic Decision and Risk Management |
On Demand |
Online |
Steven Tani Eric Bickel |
Excellent course for both general decision making processes and analytical methods.
Who Should Attend?
The skills developed in all our Strategic Decision Making courses are applicable for a variety of professionals across verticals. Whether you work for a global corporation or a small business, we can help.
Specifically, these courses are tailor for those who:
- Want to make better decisions, especially when outcomes are uncertain and when risks include financial and non-financial impacts.
- Want to develop better processes for decision making within their team or across their organization.
There are no formal prerequisites for these classes but we recommend that those interested in the topic should start with our Decision Quality class to learn the fundamentals.
Why Take This Class?
Demonstrate Your Expertise with a Certificate
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Reimbursement Options
Learn more about course credits and options for course reimbursement. Get tips on the best way to approach your manager and download a customizable template to facilitate making the ask.
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Course Location
In person courses take place at the AT&T Executive Education and Conference Center and adjoining Rowling Hall on the UT campus in Austin. These world-class facilities provide a comfortable and convenient learning environment, with direct access to the 40 acres of campus and within walking distance of downtown Austin. Live online and on-demand course options are available for many courses.
On-Demand Course Information
The following information applies to the On-Demand class ONLY.
- The on-demand version of this course is self-paced and online. You may register and begin the class at any time and you will have 60 days to complete the class.
- You should expect to dedicate 18 to 22 hours to watch videos and complete assignments. At the end of each module, you will take a short quiz to assess your learning.
- Once you have completed all modules, you will take the final exam. You are required to score 70% or higher on the final exam to pass the class and earn a credit for the course. You may take the final exam as many times as you wish until you pass.
In Partnership with Strategic Decisions Group
The Strategic Decision and Risk Management Certificate courses offered by Texas Executive Education combine The University of Texas at Austin’s academic and research depth with the decision and risk management expertise and track record of Strategic Decisions Group (SDG).
Strategic Decisions Group (SDG) is a global consulting firm with expertise in strategic decision making, risk management and shareholder value creation. SDG’s collaborative approach helps clients find innovative strategies for today while helping them build decision competency for the future.
Other Strategic Decision and Risk Management Courses
Decision and Risk Analysis
Explore the foundations of decision quality and how to use a rigorous analytic framework to make better decisions in your personal and professional life.
Decision Quality: Make the Right Choice Every Time
Learn how to frame strategic choices, generate alternatives, develop credible forecasts, quantify uncertainty and judge the quality of a decision at the time it is made.
Human Biases in Decision Making: Avoiding the Traps
Understand the ways in which your mind, personality, and social structures can degrade your decision-making.
Leading Strategic Decision Making
Achieve success by effectively diagnosing a decision situation, designing a clear approach, facilitating communication, and presenting compelling rationale to key stakeholders.
Multiparty Decision Quality: Collaboration and Competition in Decision Making
Assemble concepts, tools, and skills for applying the DQ Framework in multi-party situations.
Scenarios and Forecasting: Planning for Uncertainty
Improve strategic decision-making with enhanced forecasting methods and by leveraging scenarios to foster insight.
Resources
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Decision Quality: Strategic Decision Making Through Framing & Alternatives
Framing and finding alternatives are key links in the decision quality chain; necessary for determining if a decision is good or not. -
The Danger of Mental Shortcuts: How Biases Can Sabotage Your Best Decisions
The human intellect is extremely powerful and capable. But our minds have evolved with biases that work against good judgment and decision making. -
Game Theory and the Psychology of Fairness
Game Theory can provide useful insights into the competitive and cooperative kinds of strategic decisions regularly made by businesses today.