Programmes

Strategic Decision Making for Management

  • Executive
  • Department of Management
  • Application code EE904
  • Starting 2020
  • Short course: Open
  • Location: Houghton Street, London

In this era of unprecedented uncertainty, learn how to enhance your strategic decision making capabilities through an interdisciplinary approach that blends analysis and intuition. You will emerge with a toolkit that will enable you to make effective decisions and build resilience during these challenging times.

 5 day intensive programme running 2 - 6 November 2020

More than ever, we are facing the challenge of making decisions under uncertainty against the backdrop of external factors that we cannot control or predict. As leaders, managers and executives, making effective decisions in a time-conscious manner is crucial. Strategic Decision Making for Management will enable you to transform decision making into a smart and insightful process, providing a robust framework of effective and replicable solutions for better decisions and awareness of decision traps, as well as learning how to assess and choose high-value strategic options under the current climate of enormous uncertainty.

Find out more about about how to avoid making irrational decison traps to make better choices with this article, 'How to make good strategic decisions under uncertainty and time pressure'

Read the article

This executive course is suitable for:
  • Executives across every department of the organisation who are dealing, or are involved with, important decisions
  • Managers who will be in leadership positions in the future
  • Anyone dealing with important decisions, either in private or public organisations, as well as small enterprises
  • Anyone intrigued by the fascinating field of decision making and wishing to develop their decision readiness and confidence.

Tuition fee: £6,295

Fees cover all LSE tuition and course materials. On campus fees also include daily lunches and networking events. You will also be awarded an LSE certificate of completion at the end of the five days.

Part of LSE Executive Education Courses

Find out more about the course:

Download course brochure

Programme details

Entry requirements

All LSE executive education participants are required to have:

  • Fluency in English.
  • A good undergraduate degree or significant work experience in a relevant role(s).
  • Minimum two years’ professional experience. Typically our participants have more than ten years’ work experience.
  • If you're a participant on our virtual course, please ensure that you have access to a laptop or computer, with a webcam and a working microphone.  You will also need a reliable internet connection.

Programme structure

This course will propose you an awakening journey into both the psychology and modelling of decisions, and will be highly interactive. Morning lectures will discuss how to make decisions, both when there is sufficient time to conduct analyses and when there is only time to choose intuitively. During the afternoons, you will gain hands-on experience on framing and modelling decisions under tough conditions, thus experiencing directly the benefits of the balance between intuitive and deliberate decision-making. 

View a sample timetable of the week >>

Course outcomes

During the highly interactive five days, participants will update their own personal mindware for decision making and boost their strategic decision making capabilities on three key fronts:

  • Become aware of systematic cognitive biases and traps that operate on individuals and groups;
  • Learn how to effectively develop winning solutions for the key traps in strategic decision making;
  • Discover how to recognize when you have the “green light” on the decision making process and it is time to go ahead and commit to the developed recommendation.

Faculty and guest speakers

The course will be taught by:

Dr Barbara Fasolo is Associate Professor of Behavioural Science in the Department of Management. She is an expert on choice processes and choice architecture and one of the top-10 teachers in the Department of Management at LSE. Read more here

Dr Valentina Ferretti is Associate Professor in Project Appraisal and holds a PhD in Decision Analysis. She is the winner of the LSE Teaching Award for Inspirational Teaching in Risk and Decision Analysis. Read more here

Professor Paul Willman is an Emeritus Professor of Management in the Department of Management and Academic Director of LSE’s Executive Courses. He has taught on MBA and Executive MBA programmes at Oxford University, Cranfield School of Management, Budapest University of Economics, Ecole de Ponts ParisTech, London Business School and TRIUM. Find out more here

 

Testimonials

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 Zarpina Kabir, Head of Northern Europe, Advertising, Adobe

"The principles I learned are already coming into the framework of my day-to-day – I’ve started to stop and think during my decision-making process, balancing strong solutions with strategic objectives."

Read Zarpina's full profile here.

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Dennis Kollman, Divison Manager, Strategic Account Management, Hermes Germany

"We learned not only about how to make important decisions, but also a lot about our own biases that come into play every moment of our lives, when we make everyday decisions, as well as the big ones. The decisions I make now are more conscious, and based on facts." 

Read Dennis' full profile here.

Amy Nicholson, Product Manager, Financial Times

"It was such a fantastic experience for me. It was planned and delivered incredibly well: the combination of learning and the social aspect made it a stand-out week."

Read Amy's full profile here.

WATCH THE COURSE VIDEO >>

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