Stanford Strategic Decision and Risk Management
Strategic Decision and Risk Management Practicum (XSDR420)
Required Courses
Elective Courses
This workshop integrates the concepts, tools, and skills learned in the three other required courses. A comprehensive case exercise provides a realistic setting, giving participants the experience of working on a moderately complex decision problem from start to finish.
Students work on the case in teams of up to six members, coached by an experienced decision consultant, in a high-feedback environment. Specific tasks include:
Framing a moderately complex problem
Generating creative alternatives and discovering hybrid strategies through analysis
Assessing information using probabilities and ranges
Conducting analyses to produce tornado diagrams, waterfall diagrams, and probability distributions
Drawing insights from the analyses and synthesizing them to form a clear understanding of the best strategy
Planning and conducting a decision dialogue to communicate with decision-makers.
Because this workshop builds on the courses below, we require that participants either have completed them or have passed the exam for each course:
Decision Quality in Organizations
Decision Analysis
Modeling for Strategic Insight.
This course must be taken at the Stanford Campus.
Stanford Center for Professional Development
496 Lomita Mall, Durand Building 3rd Floor, Stanford, CA 94305
(Phone) 866 234-3380 Toll-free or 510 857-4396 Outside the U.S. | SDRM_reg@scpdinfo.stanford.edu