Modeling 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.

This program is now available in Norway in partnership with Stavanger.

Our partnership with Stavanger University provides the option to attend this course in Norway as part of the Strategic Decision and Risk Management Certificate.

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

Additional Information

Prerequisites:None
CEUs: Participants earn 1.75 CEUs and/or 17.5 CPEs for this course. A certificate of completion will be presented from Texas Executive Education.
Course Credits: 1.00
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.

Additional Information for the offering at the University of Stavanger can be found at here.


Faculty

James Dyer

Dr. James S. Dyer holds the Fondren Centennial Chair in Business in the McCombs School of Business.. He served as chair of the Department of Information, Risk, and Operations Management for nine years (1988-97).

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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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Reidar Bratvold

Reidar holds a PhD in petroleum engineering and and MSc in mathematics, both from Stanford University and has business and management science education from INSEAD and Stanford University.

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Upcoming Sessions

Modeling for Strategic Insight (In-Person)

Price: $3,495.00

Date
Duration
Location
Instructor

12/12/18 - 12/14/18

2.5-Days

University of Stavanger 4036 Stavanger Postboks, NO 8600

Reidar Bratvold
Eric Bickel