Strategic Decision Making & Business Simulation

What it is about

You learn core concepts and approaches of strategic decision-making and apply them in exercises and a realistic business simulation game. In the end you can structure, analyze, and develop solutions for strategic problems and take responsibility for decisions in a dynamic market environment.

What you will be able to do

• Apply important concepts of strategic management
• Identify and structure problems
• Carry out analyses and develop solutions
• Communicate and present results appropriately
• Carry out team and project work in a competitive situation
• Make strategic decisions in a simulation and evaluate their consequences

What the module consists of

• In-class lectureConveying core concepts and aspects of strategic decision-making in interactive teaching sessions
• ExercisesApplying concepts to real strategy cases and practicing management topics
• Business simulation gameAssuming leadership of a virtual company and making strategic decisions in a dynamic market

Teaching method

• Interactive Lecture/DiscussionDeepening and applying theoretical concepts through exchange and discussion
• Case Exercises/Group WorkPractical application of methods to realistic problems and strengthening teamwork
• Business SimulationExperiencing the direct consequences of strategic decisions in a realistic, dynamic environment