Strategic Innovation in the Digital Era - Fall Edition

Making Strategic Decisions Under Uncertainty Using Mental Frameworks and Data

Start date Nov 18, 2024
End date Nov 21, 2024
Duration 3 Days
Location Milano
Format Class
Language English
Price (+ VAT) € 3,500

Main Goal

 

The course explains how to use data and AI tools to make strategic decisions. This is an important opportunity in the light of the huge availability of data and new AI tools associated with the digital revolution.

Strategic innovation in the digital era will improve the ability of any decision-maker, including those with limited knowledge of data analysis and AI tools, to make informed decisions.

The course teaches managers how to use mental frameworks (theories), data, and AI tools to make decisions. It provides methods for thinking, framing, and testing solutions to relevant business problems.

Who is it for

The course is designed for managers, entrepreneurs, and professionals, who are in charge of, or consult about, strategic decisions under uncertainty (e.g. innovation decisions, M&A, choice of employees, start-ups).

Strategic innovation in the digital era teaches them to support their decisions with adequate analysis and interpretation.

The course requires no background in mathematics or statistics. It emphasizes intuition and all relevant concepts or methods will be explained from very basic concepts. The course will improve the skills of any decision- maker, including those with limited knowledge of data analysis and AI tools.

Program Counseling

To help you understand if the content of the Program matches your expectations, and to help you choose the best course considering your profile and objectives, you can contact a Program Advisor for an interview.

Please write to Olesea Ciumas: olesea.ciumas@sdabocconi.it

Structure & Topics Covered

1. How can managers make good decisions?

  • Most common pitfalls in managerial decisions 
  • A simple representation of the decision-making process for innovation, start-ups, or new projects 

2. A scientific method for managerial and innovation decisions

  • The notion of a “scientific” approach to managerial decisions
  • Decision-making approaches to handling uncertainty
  • Running conceptual or real experiments to make decisions

3. Basic tools for analyzing and interpreting managerial and innovation data

  • Random variables, probabilities, distributions
  • False positives and false negatives in managerial decisions
  • Correlation vs. causality in managerial decisions
  • Regression analysis to interpret managerial data
  • Practical session

4. A scientific approach to framing and validating strategic decisions

  • How to build theories: thinking approaches and templates to frame strategic problems
  • How to formulate hypotheses
  • Testing theories versus testing actions
  • Bayesian learning in strategic decision-making

5. Running experiments in your organization

  • Causality in data analysis
  • How to set an experiment and A/B tests
  • Difference-in-difference analyses
  • Practical session

6. Aartificial Intelligence for managerial decisions

  • Application of AI tools to the scientific framework
  • Practical applications using AI tools

 

You will have the chance to examine your own journey in light of the experiences of those who are dealing with the same professional challenges.

 

Networking Aperitivo&Dinner. The Networking aperitivo & dinner is an informal chance to get to know other people in the course



Download the brochure to find out more about the expected learning outcomes, the learning model and the Faculty of the course.

Download Brochure


Why Join Us?

Cosa trovi nel programma

Benefits for the Participant

  • Acquire systematic methods and approaches for strategic decision-making
  • Increase your ability to lead amid uncertainty using cutting edge data analytics and AI tools
  • Leverage the outstanding international expertise of the program's faculty.

Benefits for Your Company

  • Use data to solve problems
  • Develop the right mental approach and critical mindset to make the most from interrogating data and using AI tools
  • Update the cutting edge of data-driven and AI tools to decision-making to boost performance

Certificates

Digital Badges

The digital badges are an innovative and immediate way to share your achievements. They are verifiable and associated with an individual user. They allow you to update your network of contacts by highlighting the different steps reached in your SDA Bocconi journey.

Certification of partecipation

The certificate – presented in both print and digital forms – is a useful way to enhance your CV and portfolio of educational experiences. It is granted to participants who have attended at least 80% of the lessons.


Information

Program Agenda

The program lasts 3 days (24-hour time equivalent), from 18 to 21 November 2024.

On Campus

18 Nov 2024

14pm-18pm

19-20 Nov 2024

9am-18pm

21 Nov 2024

9am-13pm

  • ONCAMPUS Module

 

Program Location

On-campus training will take place at:
Bocconi School of Management: Via Sarfatti 10, 20136 Milan (Italy)

Fee

€ 3.500 (+ VAT) fee includes educational materials and working lunches, but not VAT. A maximum number of participants is pre-determined. You can reserve and register online on the program’s web page.

Special Payment Terms

A 10% reduction on the program fees offered to applications sent in by the 19st of September 2024. The final deadline for enrollment is 29th October 2024.

For further information and details on discounts, please refer to:
www.sdabocconi.it/special-payment-terms

Apply ASAP

You can apply for the Program until the day before it is due to start. For organizational reasons, we encourage you to complete your registration process 10 days before the Program begins.