MDP: Developing Strategic Decision Making Capability through Simulation – December 2019

Date: December 02 – 06, 2019

A distinctive feature of this program is that it will utilize a hands-on approach to hone your decision making skills. We will use a SIMULATION where you will be a part of a top management team managing a multi-million dollar business. Refining your decision making skills, you have to compete not only with peers in the program, but also with teams across the globe. The decisions that you make will interact with decisions of other teams across the globe. At the end of the simulation, each team will be ranked globally which would give you a fair idea about your comparative decision making skills.

Program Objectives:

In order to attain these objectives, the program will follow a two-pronged approach:
• Introduce toolkit for decision making
• Play out a simulation to put into practice the different decision making techniques

Coverage:

Through faculty presentations, case studies, small group discussions, individual exercises, simulation, and presentations, you will boost your diagnostic skills and decision making ability, and gain a deeper understanding of what drives organizations to success. Understanding the key performance indicators of various functional areas, i.e. Finance, Marketing and Advertising, Operations, Human Resource, R&D, and Quality, participant will learn the integrated decision making approach required for any successful business model. Topics include:

• Analyzing why—given two companies in the same competitive environment—one collapses due to erroneous decisions

• Developing agile decision making capability of key decision makers within the company in the face of strategic uncertainty through a multi-period business simulation situation

• Manipulating decisions levers that transform traditional enterprises into nimbler companies

• Recognizing that organization is limited by the capacity and willingness of its people to respond to change and what you can do to transform it.

Venue: Management Development Centre (MDC), IIM C Campus

Participant Fees: Residential (R): ₹ 85,000/- Non-Residential (NR): ₹ 10,000/- less than the Residential fee Taxes and surcharges extra, as applicable

Contact Information:

CMDP Office
Management Development Centre (MDC)
Indian Institute of Management Calcutta, Diamond Harbour Road, Joka, Kolkata – 700 104
Phone: +91 33 7121 6000-01 (Extns: 6012/6005)
Email: program_mdp@iimcal.ac.in Weblink: https://www.iimcal.ac.in/mdp/mdp-calendar

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