LSE Executive Education Courses 2017
Strategic Decision Making
for Management
5 – 9 June 2017 (Five day executive programme)
30 Oct – 3 Nov 2017 (Five day executive programme)
Welcome
LSE Executive Programme Academic Director,
Professor Paul Willman
“LSE Executive Education Courses are
the primary channel for delivering LSE’s
world class research to a business and
practitioner audience”.
120
Years
LSE
established
in 1895
EIGHTEEN
Nobel
37
World Leaders
Laureates (past and present) have
taught or studied at LSE.
Key facts Who you learn with is as
important as what you learn.
Participant Profile Top 10 industry sectors represented:
Financial Services • Banking
14 YEARS
Average Non UK Government • Consultancy
International Trade • Education
professional Energy and Utilities • IT and IT
experience Services • Central Government
64%
Chemicals and Pharmaceuticals
have a
95%
Master’s
of participants would recommend
degree or the LSE Executive Education
above* Courses.
* 2016 cohort data 2016 cohort evaluation survey
2 LSE Executive Education Courses 2017
Key facts
Our client list includes;
Bank of England • Bayer SAS • Brazilian Development Bank
84% Manager and above British Embassy • British Sky Broadcasting Ltd • Cancer Research UK
Coco-Cola Enterprises • Council of Europe Development Bank • Credit Suisse
53% Senior Manager and above Dutch Central Bank • Ernst & Young • European Central Bank
European Commission • European Free Trade Association • Financial
32% Director and above Services Authority • British Foreign and Commonwealth Office • German
Development Cooperation • Google UK Ltd • Institute of Chartered
16% C-Suite Accountants • International Labour Organisation • KPMG • Microsoft
Moet Hennessy • Morgan Stanley • Norwegian Ministry of Finance
PricewaterhouseCoopers • Siemens AG • The World Bank • Transport
for London • UNICEF • United Nations • U.S. Department of Justice
Volkswagen • World Health Organisation • World Trade Organisation
Participants from over 90 Countries
36% EUROPE
25% UK
8% NORTH AMERICA 14% ASIA AND
MIDDLE EAST
5% SOUTH AMERICA
5% AFRICA 7% AUSTRALASIA
2016 cohort data
Other sectors represented:
Media & Arts • Insurance • Manufacturing, Engineering & Chemicals • Local Government, Public, Social & Welfare Services
Telecommunications and Postal Services • Charities, Volunteer Sector & Trusts • Environmental Services • Household Goods &
Textiles • Real Estate • Transport & Distribution • Utilities (Power & Water) • Automobiles • Health • Law & Legal Services
Leisure & Tourism Mining & Metals • Research • Agriculture, Fishing & Farming Architecture, Construction & Civil
Engineering • Electronics & Electrical Equipment • Hotels & Restaurants • Management Consultancy • Aerospace & Defence
Economics & Statistical Services • Investment Banking/Stockbroking • Retail Trade
LSE Executive Education Courses 2017 3
Time to think
Be a part of our heritage and future success –
LSE’s reputation as a global leader has been established
over the 100 years since it was founded, and the School
is routinely ranked amongst the world’s leading centres
of learning.
Learn from our world-class faculty – Course leaders
are brought from a wide range of internationally
renowned LSE departments.
Benefit from a dynamic learning environment –
Our lecturers will engage, challenge and equip you with
the latest knowledge and skills by employing an array of
learning methods – seminars, interactive lectures, case
studies and simulation exercises.
A focus on intellectual calibre – Experience first-hand
how serious academic thinking can engage with real
world problems.
Place yourself at the crossroads of international LSE Executive Education Courses
debate – Being right in the heart of London, a global
centre for business and finance, is fundamental to LSE’s
remain true to LSE’s historic Latin
identity as an outward looking institution with a dynamic motto “rerum cognoscere causas”
involvement in world affairs.
(to know the causes of things).
Certificate of Excellence in Global Business
Today’s global business environment is more connected than ever. A broad global
perspective and understanding of the connections between markets is a critical skill
for any leader. Through the Global Network for Advanced Management’s Certificate
of Excellence in Global Business, you can build technical expertise and true global
capability at the same time.
• Invest in Your Global Performance Capability Design your personalised curriculum from more than
• Deliver Business Results 200 courses at 19 top global business schools and
complete a capstone project. You will receive a 10%
• Grow Your Global Network
discount on participating programs, receive the GNAM
Over two years, take 15 days of non-degree executive certificate, and gain access to GNAM alumni events
programs at participating business schools. You have the around the world.
freedom to select programs that match your professional
For details of participating schools and to enrol in the
development goals, choosing from dozens of topics such
Certificate, visit http://advancedmanagement.net/
as innovation, service marketing, crisis management,
certificate-excellence-global-business
strategic sustainability, and more.
4 LSE Executive Education Courses 2017
Future leaders
“LSE Executive Education Courses will
give you an insight into leading edge
thinking in each discipline, and invite you
to reflect on the big issues of the day.”
Professor Christopher Pissarides
2010 Nobel Laureate
LSE Executive Education Courses 2017 5
Strategic Decision Making for Management
Enhance your strategic decision making capabilities through a unique approach that
recognises the value of analysis and intuition in making high quality decisions.
Decision making is a fundamental skill for any successful that each organisation is unique, with its own strategic
executive. But decisions at the strategic level are objectives, capabilities and strategic options – and that
increasingly difficult to make. They require large amounts strategic decision making is at the core of any successful
of resources and commitments, while the long-term strategizing process. For these reasons our approach is
outcomes and possible consequences are hard to predict. focused, instead, on enhancing strategic decision making
And they require considering multiple, often conflicting, capabilities, recognising that both analysis and intuition
strategic objectives, which are difficult to balance, are necessary for high quality decision making.
particularly in the presence of risk and uncertainty.
A unique approach
This executive course is suitable for; This unique course is designed to enhance your decision
• Executives across every department of the organisation capabilities when confronted with strategic choices, when
who are dealing, or are involved with, strategic decisions. searching for decision opportunities, and when designing
• Managers who will be in leadership positions in the strategies – both in conditions where there is sufficient
future. time to conduct analyses and when there is only time to
• Anyone dealing with important decisions, either choose intuitively. The course will improve your analytic
in private or public organisations, as well as small and intuitive abilities to make strategic decisions under
enterprises. tough conditions.
A step beyond the traditional
Traditional courses on strategy focus on environment Decision making is a fundamental
analyses and a hyper-rationalistic prescription of generic
positioning strategies. This approach, however, neglects
skill for any successful executive.
6 LSE Executive Education Courses 2017
Programme overview
Programme benefits: Programme schedule (subject to change)
During the course’s very interactive five days, participants Each day we will provide a classic paper in the field,
will increase their strategic decision making capabilities which sets the foundation for the content covered.
on several fronts: Day one:
• Learn a robust framework for analysing decisions with • Welcome and Introductions
multiple objectives and uncertainties. • Introduction to Strategic Decision Making
• Master decision modelling capabilities for representing • Framing decision problems
complex strategic decisions. • Modelling strategic and fundamental objectives
• Develop decision software skills for supporting strategic • Team work session
decisions. Evening welcome reception
• Gain hands-on experience on modelling strategic
objectives and value trade-offs, as well as uncertainties Day two
and risks. • Modelling strategic priorities
• Learn how to assess the performance of strategies and • Assessing value of strategic options
choose high-value strategic options. • Modelling uncertainties and risks
• Master the key principles of behavioural science for • Creating strategic options
strategic decision making. • Team work session
• Learn how to better tackle decision problems that Day three
are hard to solve analytically, for lack of time, data,
• Thinking about objectives and preferences
computational ability, or too much information.
• Thinking about uncertainties
• Become alert to systematic cognitive biases and traps
• Team work session
that operate on individuals and groups when making
• Guest lecture
decisions and learn how to overcome them.
• Make better intuitive judgements in strategic decisions. Day four
The course brings together the internationally renowned • Thinking about risks and options
LSE expertise in Decision Sciences research. It adopts • Team work session
a hands-on approach to teaching, which will help you Dinner and drinks reception
learn the key principles and frameworks for high quality Day five
decision making and how to apply them into your
• Team work: Presenting the teams’ decision analysis
practice. Both lecturers have extensive practical experience
• Improving organisational decision making
in applying this approach into real-world problems, and
• Going forward: take it back to your organisation
in teaching the content to executives and practitioners.
All course content is correct at the time this information
Teaching Philosophy:
is supplied to you. It is subject to change without notice;
The course allows participants to learn and practice the however you will be advised in advance of any significant
processes required to make winning strategic decisions. changes before the start of the programme.
It focuses on increasing executives’ decision capabilities
through clever information processing and decision
modelling. Participants will gain hands-on experience
with tools for analysing strategic options and improving
decision making in their organisations.
Based on rigorous concepts of decision-making research,
the course has an emphasis on the practice of Decision
Sciences, adopting a learning-by-doing philosophy. It uses
illustrations of real-world decision analytics applications in
organisations, and employs case-studies and role-playing
(supported by specialised decision software) to build
students’ skills in decision modelling and analysis.
LSE Executive Education Courses 2017 7
Testimonials
Strategic Decision Making for Management:
Course testimonials
Hear from past participants of the programme
“Thank you for creating one of the most inspiring
weeks I have had in many years.”
Simen Revold,
Director, Carlsberg group
“I am of the view that theoretical knowledge
combined with hands on experience is the best
mantra to be able to make strategic decisions.
At the LSE Summer School a perfect amalgamation
of the above mentioned factors were offered.”
Patrick Zemann,
Team Lead, Siemens AG
8 LSE Executive Education Courses 2017
World class faculty
The Department of Management’s unique programmes combine the study of
management with LSE’s renowned social sciences perspective.
LSE’s Department of Management produces world-class research on management issues and provides its students with
a deep insight into the functioning of the global business environment.
Dr Barbara Fasolo Professor Gilberto
is Associate Professor Montibeller is a
in Behavioural Science Senior Visiting Fellow
in the Department in the Department
of Management of of Management, at
the London School of the London School
Economics and Political of Economics and a
Science. She currently Professor of Management
serves as Head of the Science at Loughborough
Behavioural Research University. With a first
Lab and Director of the Honours degree (with
Executive Master in Behavioural Science. distinction) in Electrical Engineering, he started his career
She is an expert in behavioural decision-making, as a junior executive at British and American Tobacco.
behavioural change, behavioural public policy, with a Moving back to the academia, he was awarded a Masters
specific interest in digital nudging and choice architecture. and a PhD in Engineering Economic Analysis. He then
continued his studies as a Post-Doctoral Research Fellow
Her background is inter-disciplinary and cross-cultural:
in Management Science, at the University of Strathclyde.
Economics (BSc, Distinction, Bocconi University, Italy),
decision sciences (MSc, Distinction, London School of He is an expert on Risk and Decision Analysis, with an
Economics, UK), and experimental psychology (PhD, extensive experience in applying it for more than 20
University of Colorado at Boulder, USA). She was Visiting years, consulting to both private and public organisations.
Professor at IESE Business School (2012/13, Barcelona), He is Area Editor of the Journal of Multi-Criteria Decision
Expert-in-Secondment for the European Medicines Analysis and is on the editorial boards of the Informs
Agency (2009-12, London) and Post-Doctoral Fellow at Decision Analysis and European Journal of Decision
the Max Planck Institute of Human Development (2002- Processes journals. He has published widely the field, in
04, Berlin). journals such as Risk Analysis, the European Journal of
Operational Research, Decision Support Systems and
Barbara’s research has been published in more than 50
OMEGA – The International Journal of Management
outlets, including leading academic journals, (PNAS and
Science. The quality of his research has been recognised
the Annual Review of Psychology), books and invited
with best publication awards by Informs, the Society
chapters, and has been covered in media outlets such
of Risk Analysis, and the International Society of Multi-
as The Harvard Business Review. She is a member of the
Criteria Decision Making. He has been a visiting scholar
International Behavioural Science and Policy Association,
at the Massachusetts Institute of Technology (MIT), the
international Society of Judgment and Decision Making
University of Southern California, and at the International
and the European Association of Decision Making.
Institute for Applied Systems Analysis (IIASA, Austria).
Her lab, online and field research aims at tracing and He is a visiting professor at the Paris-Dauphine University
improving difficult choices faced by patients, consumers, (France) and the University of Sao Paulo (Brazil).
and experts (e.g., for the European Medicines Agency,
Professor Montibeller has extensive experience with
the King’s Fund, and the European Commission). Barbara
executive education, both for in-company training as well
interacts with several organisations keen to seize new
as for MBA programmes. He is a regular speaker at LSE
behavioural opportunities and serves on the Department
Enterprise executive training courses.
of Health Behavioural Insights Expert Advisory Panel.
LSE Executive Education Courses 2017 9
Applying to LSE Applying to LSE
Programme fee: Equality and diversity
The fee for our five-day programme is £5,795 and Equality and diversity are central to the aims and objectives
includes all course materials unless mentioned otherwise. of LSE. The School actively promotes the involvement of all
Due to high demand for places, tuition fee discounts students and staff in all areas of School life and seeks to
cannot be applied against the cost of this course. ensure that they are free from discrimination on the
grounds of gender, race, social background, disability,
Please note that accommodation is not included.
religious or political belief, age and sexual orientation.
Our staff can advise you regarding executive apartment/
At LSE we recognise that the elimination of discrimination
hotel rooms available near the LSE campus, and
is integral to ensuring the best possible service to students,
discounted rates where applicable.
staff and visitors to the School.
Essential participant criteria:
Cancellation by you
• Fluency in English
Participants that cancel enrolment:
• Undergraduate degree
• At least 2 years professional experience • more than 45 days before the course begins will
receive a full refund, less £100 application fee.
Course prerequisites:
• 45 – 30 days before the course begins will be charged
Some pre-course reading may be required. a 25 per cent cancellation fee.
Application • 29 – 15 days before the course begins will be charged
Please apply online via the LSE Executive Education a 50 per cent cancellation fee.
Courses website. • 14 days or less before the course begins will not receive
We ask that you submit the following documentation a refund.
together with your application. This will ensure that Cancellation by us
your application is dealt with expediently. Occasionally it is necessary to cancel or postpone courses.
• University transcript Should a course be subject to a major change, applicants
• Curriculum Vitae / Résumé will be offered the option to either transfer to another
• Sponsor details course or receive a full refund. Any alterations to the
programme will be made no later than 3 weeks before
Assessment
the start of the course. If you are coming from abroad,
Once submitted, your application will be assessed by an you are strongly advised to take out comprehensive travel
academic in the relevant field. You will be notified of the insurance for the duration of your stay.
outcome within a week of submission. Fees must be paid
within 14 days of receiving the invoice in order to accept Deferrals
and secure a place. Participants that defer a course:
Acceptance • more than 45 days before course begins will not be
charged for the deferral.
Once you have accepted your offer, your place is
confirmed. Further programme details will then be made • 45 – 30 days before course begins will be charged
available to you. Pre-course reading materials will be 10 per cent of the tuition fee.
distributed to confirmed students from 14 days before • 29 – 15 days before course begins will be charged
the start of the course. 25 per cent of the tuition fee.
• 14 days or less will be charged 50 per cent of the
tuition fee.
Visas
Contact the programme team: For further information about obtaining the correct visa,
Tel: +44 (0)20 7849 4615 see the LSE visa information pages or visit the UK
(Mon – Fri: 9.30am to 5.30pm GMT) Home Office website (gov.uk/check-uk-visa). If you are
Email: exec.courses@lse.ac.uk at all unsure about your visa requirements, please contact
us and we will be happy to guide you.
10 LSE Executive Education Courses 2017
LSE Executive Education Courses
The London School of Economics and Political Science
Houghton Street
London WC2A 2AE, UK
Tel: +44 (0)20 7849 4615 (Mon – Fri: 9.30am to 5.30pm)
Email: exec.courses@lse.ac.uk
lse.ac.uk/exec
2 graduate prospectus xxxxxxxxxxx
