This program is inspired from Professor Randall Kroszner’s experience as a Federal Reserve Governor during the 2008 financial crises to help senior executives mitigate risk.
HSD—a five-week premium live-online program—is designed as a response to COVID-19 in which many leaders found themselves making high-stake decisions amid considerable uncertainty. This program helps leaders move ahead in times of uncertainty by gaining the tools to build a more resilient organization and make strategic risk and leadership decisions to protect their organization's future.
Participants will acquire the tools to identify and anticipate a broad set of risks—not only obvious ones that can be readily controlled but also unforeseen external forces such as pandemics, supply chain disruptions, financial crises, terrorism, and cybersecurity threats.
"There are no innocent bystanders when it comes to risk management. Just because you can't predict a global pandemic doesn't mean you can't be prepared. A framework that breaks down macro vulnerabilities into risk factors you can control allows you to proactively manage the impact of events outside of your control," says Randall Kroszner, Deputy Dean for Executive Programs and Norman R. Bobins Professor of Economics, Chicago Booth and HSD Faculty Director.
As governor of the Federal Reserve System during the 2008–2009 financial crisis and as a member of the President's Council of Economic Advisers from 2001–2003 where he dealt with the shock of 9/11, Latin American debt and currency crises, and corporate governance scandals, Professor Kroszner will share his expertise and experience in managing crisis. What's more, participants will also learn from Susan Lucia Annunzio, president and CEO of The Center for High Performance, a strategic advisor to CEOs of leading global companies.
As a live-online program, HSD is delivered in a synchronous format where you'll learn from faculty, industry leaders, and peers in an interactive, high-impact virtual environment. These programs blend live sessions with off-line activities, projects, and readings to deepen your understanding of the materials. Participants will collaborate with other senior leaders via group projects, after-class hangouts, and a virtual fireside chat. The benefit to this format is that you'll receive Booth's rigorous content in short, digestible 90-minute sessions held twice a week. HSD is a high-impact program that provides the Booth approach in a convenient schedule for global executives.
Early registration is encouraged for this timely, highly anticipated program. To learn more about Chicago Booth's High-Stakes Decisions: Manage Risk and Reputation Program, visit chicagobooth.edu/hsd.
Booth Executive Education offers world-class in-person and live-online education across finance, leadership, strategy, marketing, and comprehensive management, as well as custom programs tailored to meet an organization's unique challenges. Programs are taught by the same faculty who teach in Booth's MBA degree program. The Booth Executive Education network represents over 27,000 executives across 130 countries.
About the University of Chicago Booth School of Business
The University of Chicago Booth School of Business is the second-oldest business school in the United States and the first to teach executives. As an intellectual destination, Chicago Booth draws scholars and students from around the world to its campuses in Chicago (Hyde Park, downtown Chicago), London, and Hong Kong. Booth consistently ranks among the top business schools in the world, and its graduates include dozens of notable business leaders across the US and worldwide. Nine faculty members have been named Nobel Prize winners, three of whom currently teach at Booth.
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Executive Director, Executive Education
The University of Chicago Booth School of Business