This course gives participants both the understanding and skills needed to build useful models in strategic decision situations and to use them to draw powerful insights into the decision. The course topics range from conceptual, such as how to define the goodness of a model, to practical, such as best practices in laying out the structure of a model in Microsoft® Excel.
In this highly interactive course, many of the lessons include hands-on experience for the participants to cement their grasp of new skills. In the case exercise, participants build a complete decision model under the guidance of instructors. Each participant is expected to have a laptop computer with Excel installed. Some of the software tools used in the course are given to participants, and demonstration versions of other software packages are downloaded to their computers for use during the course.