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Summary Teaching Assignment
Academic Year 2018/2019
Type of Teaching Doctorate
Course 053640 - STRATEGIC DECISION MAKING
Professor Ferretti Valentina
Cfu 5.00 Type of Course Mono-Disciplinary Course

Phd Programme From (included) To (excluded) Course
MI (1300) - SCUOLA DI DOTTORATOAZZZZ053640 - STRATEGIC DECISION MAKING

Detailed program and learning outcomes

MISSION AND GOALS

This highly interactive course has two main goals: (i) make you discover what are the behavioural traps in strategic decision-making processes (i.e. those systematic cognitive and motivational mistakes we all make when confronted with complex decisions) and (ii) provide you with the analytical solutions to improve the decision making process.

 

SUBJECT AND PROGRAMME OF THE COURSE

Strategic decisions are a common denominator to many domains, e.g. public policy making, territorial planning, project management, operational research, sustainability assessments, management science, to name the most relevant ones.

But how to choose in tough situations characterised by the presence of multiple and often conflicting objectives, different stakeholders, intangible elements and high degrees of uncertainty? What are the common ‘decision traps’ we fall into? How can we create options that are better than the ones originally available? How can we avoid decision traps and become better decision makers?

This course will enhance your ability to integrate hard data with judgements and develop winning strategies by teaching you how to:

          frame strategic decision-making problems and processes;

          properly structure the problem taking into account the degree of uncertainty, the presence of multiple heterogeneous objectives as well as stakeholders;

          consider the multiple consequences (benefits, costs and risks) of your alternative strategies;

          balance conflicting strategic objectives;

          develop winning and robust strategies.

 

For each decision pillar, you are going to learn:

           what are the behavioural traps that prevent smart decisions to be made;

           how to effectively and efficiently develop winning solutions.

 

The main course outcomes will consist in: actionable decision frameworks, awareness about decision traps and how to overcome them and insights from extensive experience in supporting complex real world strategic decisions.

 

TEACHING ORGANISATION

The course will combine experiential lessons with theory and experiments (morning sessions) and group work (afternoon sessions) where students will role-play with decision problems in their research domains and apply the course’s tools to discover effective solutions to the key traps associated with strategic decision-making.

 

TEACHING MATERIALS

Teaching materials include behavioural simulations in class, as well as illustrations of real-world decision analytics applications in public policy and management contexts. Every day a classic paper in the field will be provided, which sets the foundation for the content covered. Additional readings will be available electronically at the end of the course, for those who want to extend their knowledge about the subject.


Notes on methods of assessing

The course will be assessed in a team work project. Participants will frame, structure, analyze and solve a strategic decision-making problem within their field of research and report on the analysis with a presentation during the course final showcase.


Teaching activities
Start date
End date

Schedule planning

The course consists in a full, intense, and highly experiential week of activities. The course organization will require full commitment (mornings and afternoons) from the participants.

 

The detailed schedule of the course will be the following:

- Monday May 6: from 10.00 to 13.00 and from 14.00 to 17.00 room CS.06 (building B.10 ground floor) Campus Bovisa;

- Tuesday May 7: from 10.00 to 13.00 and from 14.00 to 17.00 room CS.06 (building B.10 ground floor) Campus Bovisa;

- Wednesday May 8: from 10.00 to 13.00 and from 14.00 to 17.00 room CS.06 (building B.10 ground floor) Campus Bovisa;

- Thursday May 9: from 10.00 to 13.00 and from 14.00 to 17.00 room CS.06 (building B.10 ground floor) Campus Bovisa;

- Friday May 17: from 10.00 to 13.00 and from 14.00 to 17.00 Auditorium (Via Pascoli 53) Campus Leonardo

 
 

Bibliography

Didactic forms
Type of didactic form Teaching hours
lesson
18.0
training
12.0
computer laboratory
0.0
experimental laboratory
0.0
project
0.0
project laboratory
0.0

Information in English to support internationalization
Course offered in language English

Note Professor
schedaincarico v. 1.6.1 / 1.6.1
Area Servizi ICT
19/11/2019