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University of Michigan

Making Successful Decisions through the Strategy, Law & Ethics Model

Successful decision making is based on three key pillars: strategy, law and ethics. After taking this course you will be able to use a practical framework based on these three elements to make successful business, personal and leadership decisions. This 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 the three elements can be used to prevent a tragedy when making a personal decision. The rest of the course focuses on making successful business decisions.  In essence, to achieve business and career success, you must create value (strategy) and manage risk (law) in a responsible manner (ethics). Because the Law Pillar plays a central role in the three pillar model, the course includes practical legal briefings (with many examples) on the key elements of business success. Specifically, the course shows you how to: • attract the best employees, • develop successful products, • create new business models, • protect intellectual property, • create 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 learners from the United States, and an introduction to the U.S. business culture for learners from outside the U.S.

Status: Law, Regulation, and Compliance
Status: Business Ethics
BeginnerCourse22 hours

Featured reviews

TE

5.0Reviewed Dec 7, 2016

a concise look at managing a business through a successful process of Three Pillars, balancing strategy, legal and ethical concerns in an organization

EF

5.0Reviewed Nov 4, 2018

Absolutely amazing course, full of insights and very knowledgeable and empathic professor.

JL

5.0Reviewed Oct 19, 2023

Ideal for today's busy life, learning at your own pace with video and reading is a great way to gather knowledge.

VV

5.0Reviewed May 15, 2018

Content wise the Strategic, Law and Ethics Model is good. Very Informative and covers almost all the Ethics and Laws in terms of Products, Goods, Public Laws.

HA

5.0Reviewed Nov 8, 2023

Great course, excellent teaching style from the instructor, increases one's knowledge in practical terms.

CG

5.0Reviewed May 29, 2018

Excellent course. learned lots of new concepts and feel confident about making successful decisions in business.

K

5.0Reviewed Apr 21, 2020

It is so great to have participated in this course . Its opened my eyes to lots of business decisions.. I will recommend it to my friends.

BC

5.0Reviewed Nov 9, 2021

I loved the professor! Very interesting stuff was discussed. He made a topic that could seem dry in something very practical and applicable to real-life problems.

DW

5.0Reviewed Jul 25, 2023

Excellent course on making successful decisions through the strategy, law and ethics model.

MS

5.0Reviewed Mar 20, 2021

Excellent eye opener for knowledge on Decision making in Business environment

JH

5.0Reviewed Mar 6, 2021

I have more than 30 years of professional work and experience and thoroughly enjoyed the course. Test was trickier than anticipated, but a good challenge nonetheless.

EV

5.0Reviewed Oct 30, 2018

Excellent course teaching the important concepts of law and their application in practice. Well worth one's time!

All reviews

Showing: 20 of 96

Vrunda Vanjare
5.0
Reviewed May 15, 2018
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