Enhance your ability to tackle complex business challenges by developing fundamental management skills.
Become familiar with your new virtual classroom
• Recognize that, in the presence of randomness, human intuition can be misleading
• Outline a normative approach to decision-making
• Use a quantitative model to assist in decision-making
• Articulate how incorporating risk attitudes into a utility function can lead to better choices
• Analyze how a decision problem can be structured using a decision tree
• Decide on a strategy that has the highest expected value and most desirable outcomes
• Identify the logic and assumptions underlying a business strategy
• Demonstrate how theories of success can inform strategic business decisions
• Review the roles of value creation and value capture in successful competitive strategies
• Show how to evaluate competition
• Complete an industry analysis that maps the competitive environment of a company
• Show the influence of organization structure on a company’s competitiveness
• Analyze the factors that influence competition around surplus value
• Investigate value-based strategies for creating competitive advantage through an offering’s competence or positioning
• Discuss how the properties of networks can influence the effectiveness of social interactions
• Identify which network style best describes your social interactions
• Review the benefits and drawbacks of the interconnected and closed nature of the convener network style
• Apply the traits of a broker to structure and maintain diverse networks that span multiple domains
• Show the benefits of large networks associated with the expansionist style
• Reflect on how different network styles relate to organizational structure
• Compile an action plan illustrating the beneficial use of social structures and network
• Identify the various components of the time value of money
• Calculate the various components of the time value of money
• Show how to measure and interpret risk
• Investigate the risk premium as the compensation demanded for bearing one unit of risk
• Calculate the present value of future cash flows
• Use the discounted value of cash inflows and outflows to determine the value of an investment
• Analyze the discounted cash flow value of a company
• Discuss why decision-making is challenging in the presence of constraints
• Choose relevant factors to consider when making a decision
• Analyze a business problem through a mathematical model
• Decide on a solution to a business problem that factors in constraints
• Interpret the role of accruals in the financial statements
• Explain the difference between cash and wealth
• Discuss the two key financial statements
• Show how to measure value creation
• Analyze how competition influences an industry’s performance
• Measure an industry’s performance and tie it back to competition
• Review the calculation of the discounted cash flow and the market value of a company
• Show the use of projections to generate future cash flows
• Show the correlation between competition and the measures of value creation
• Illustrate the influence of competition on the value of a company
• Analyze the sensitivity analysis as part of a valuation
• Estimate the value of a company
• Use the three valuation methods to inform a complex decision
• Distinguish how different organizational functions point to different potential solutions to a business decision
• Reflect on different perspectives on a business decision
• Evaluate a business decision and its associated rationale
This online management program is suitable for professionals at different stages of their careers, offering a range of benefits. It is especially valuable for managers who want to enhance their strategic and managerial skills in their current or future positions. In addition, senior managers, executives, business owners, and entrepreneurs can take advantage of the program to improve their analytical problem-solving skills with updated knowledge from highly reputable faculty. Even non-management professionals can participate in this online course, which is not-for-credit, to acquire essential business and leadership skills. Upon completion of the executive management programme, participants will receive a certificate of participation from Yale SOM Executive Education to recognize their newly developed skills. Overall, the program caters to a broad range of professionals and provides them with valuable knowledge and skills to excel in their respective fields.