“Strategic direction is more important today. It's about providing a framework for managers to navigate through the fog of complex chokes. No company can avoid this."

– C.K. Prahalad –

Game Theory for Strategic Decision Making

Content

  • Human interactions as games. Early uses of game theory.
  • Simultaneous games – theory and applications
  • Price war – causes and consequences
  • Sequential games, applications and solutions
  • Resolving games of conflict
  • From conflict to co-operation
  • Added value and competitive advantage
  • The Value Net – the game theoretic model of win-win business strategy
  • Methods of formulating strategy
  • The connection between philosophy, game theory and strategy

Who was it for?
This unique programme is for senior managers who wish to develop and hone their strategic instincts. It is for those who play a significant role in influencing or charting the destinies of their SBUs, product groups or firms. Such people are likely to be CEOs, entrepreneurs, directors, profit center chiefs and function heads.

What participants said
“Excellent method for conceptualisation of thoughts and improved returns”
– Thierry Cros, Vice President (Marketing), Seco Tools India, Pune

“This programme will be helpful in arriving (at) strategies in my business – real life situations.”
– K.P. Suresan, Deputy General Manager (Manufacturing), Hindustan Polyamides & Films Ltd., Pune

“The concepts and examples to explain them … Would help in taking holistic view of real life business challenges, anticipating reactions …and taking a better decision.”
– Rajiv Sabharwal, Chief Operating Officer,, ICICI Home Finance Co. Ltd., Mumbai

“Earlier, I used to be somewhat sceptical of short duration workshops …Our two-day interaction has proved me wrong and I entirely attribute it to your interactive approach and close concern that you showed to each and every one of us, which made the entire experience so unique and rewarding. Based on my enthusiastic feed back, even my son, who has just finished his 12th Standard examination, has been browsing the computer, reading about Nash Equilibrium and asking me questions.”
– Sharad Gulwadi, Associate Vice President,, Corporate Finance, Bharat Forge Ltd., Pune