Making Successful Decisions with the Strategy, Law and Ethics Model

Successful decision making is based on three key elements: strategy, law, and ethics. After completing this course, you will be able to use a practical framework based on these three elements to make successful decisions in business, personal life, and leadership positions. The course opens with an example of a leadership decision: President Barack Obama's strategic decision to capture or kill Osama bin Laden. The course then shows how these three elements can be used to prevent tragedy when making a personal decision. The rest of the course focuses on making successful business decisions. Essentially, to succeed in business and your career, you must create value (strategy) and manage risk (law) responsibly (ethics). Because the legal component plays a central role in the three-part model, the course includes practical legal overviews (with plenty of examples) on the key elements of business success. Specifically, the course will show you how to: - attract the best employees, - develop successful products, - create new business models, - protect intellectual property, - write contracts that achieve business goals, and - use dispute resolution processes that improve business relationships. Using a global perspective, the course also provides an introduction to international business culture for U.S. students and an introduction to U.S. business culture for students from outside the U.S.