Modeling and Analytics for Strategic Insight

Create models that answer executives' questions, produce compelling analyses, and ultimately gain commitment.

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Overview

Decision models are created to generate insights that can guide and inform strategic decision-making. This class will equip you to answer questions including, which strategic alternative creates the most value? Why is it better than the others? How much risk does it entail? What are the most important sources of risk? You will create models, extract powerful insights and be prepared to present analysis results to those who make complex strategic decisions.

This class is available for university credit. Please contact Lynn Slattery at Lynn.Slattery@mccombs.utexas.edu or 512.471.5893 for more information.

Strategic Decision and Risk Management

Clarify problems, explore available options, develop a structured framework, understand the impact, and commit to your choice.

Two Day Concentrated Program

Registration begins at 8:00 a.m. and class runs 8:30 – 4:30 both days.

Strategic Decision Professionals

Our partnership with SDG combines UT's academic research and SDG's real-world experience in decision consulting to create an unmatched learning experience.

Benefits

  • 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

Special Features

  • The following information is for the On-Demand class ONLY:
  • This is a self-paced online course. 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.

Additional Information

Prerequisites:None
CEUs: Participants earn 1.40 CEUs and/or 14 CPEs for this course. A certificate of completion will be presented from Texas Executive Education.
Course Credits: 1.0
Hotel Information: Texas Executive Education classes qualify for discounted hotel room rates at the AT&T Executive Education and Conference Center on a limited basis. Discount code will be provided on the course materials page after class registration is complete.

On Demand Classes

This is a self-paced online course. 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 5-6 hours per week to watch videos and complete assignments.


Faculty

Steven Tani

Dr. Steven Tani is Partner and Fellow at Strategic Decisions Group. An experienced professional in decision and risk analysis, he has assisted a wide variety of clients in R&D portfolio management, new business entry strategy, capital investment decisions, decision analysis, and new product planning.

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Eric Bickel

Dr. Eric Bickel is Associate Professor and Director of the Graduate Program in Operations Research & Industrial Engineering at The University of Texas at Austin. In addition, Dr. Bickel holds a courtesy appointment in the Department of Petroleum and Geosystems Engineering in the Cockrell School of Engineering.

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Upcoming Sessions

Modeling and Analytics for Strategic Insight

Price: $2,950.00

Date
Duration
Location
Instructor

02/22/21 - 02/23/21

2- Days

The Course will now be held in an Interactive Live Online format.

Eric Bickel
Steven Tani

On-Demand Classes Available.

Modeling and Analytics for Strategic Insight (On-Demand)

Price: $1,295.00

Date
Duration
Location
Instructor

N/A

Self-paced

Online