About this Course
4.8
104 ratings
28 reviews
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....
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100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Suggested: 10 weeks of study, 1-3 hours/week

Approx. 18 hours to complete
Comment Dots

English

Subtitles: English

Skills you will gain

Product LiabilityLawIntellectual PropertyBusiness Law
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Suggested: 10 weeks of study, 1-3 hours/week

Approx. 18 hours to complete
Comment Dots

English

Subtitles: English

Syllabus - What you will learn from this course

1

Section
Clock
1 hour to complete

Welcome to Making Successful Decisions through the Strategy, Law & Ethics Model!

This course will enable you to use the Three Pillar model to manage business risk and create value in an ethical manner. You will also be able to use the model when making personal decisions. After completing this introductory module, you will understand the course goal and game plan....
Reading
2 videos (Total 28 min), 6 readings
Video2 videos
Introduction to the University of Michigan11m
Reading6 readings
How to Succeed in this Course10m
Help us learn more about you!10m
Earning a Course Certificate10m
About the Professor10m
Syllabus10m
Suggested Readings10m

2

Section
Clock
2 hours to complete

Use the Three Pillar Model for Personal, Leadership and Business Decisions

In this module you will learn the basic structure of the Three Pillar model and the importance of thinking globally in today’s business world. You will also learn a practical decision making tool that you can begin to use immediately for personal and business decisions. Suggestion: The videos are viewed by learners from around the world. English is not the primary language for many of these learners. As a result, when shooting the videos I have attempted to speak in a slow and deliberate manner. If English is your native language, I recommend that you increase the speed to at least 1.25x. ...
Reading
8 videos (Total 79 min), 2 readings, 1 quiz
Video8 videos
Use the Three Pillars for Business Decisions8m
Recognize the Gap Between the Strategy Pillar and the Law Pillar14m
Close the Gap: Become a Legally Savvy Leader5m
Course Organization and a Practical Decision-Making Tool8m
Develop a Global Mindset13m
Understand Litigation from a Global Perspective13m
Beware of the Impact of “Discovery” on Your Daily Work8m
Reading2 readings
After completing this module, you will be able to:10m
Suggested Readings10m
Quiz1 practice exercise
Show What You Know20m

3

Section
Clock
2 hours to complete

Use Employment Law to Attract and Retain the Best Business Talent

Your ability to attract and retain the best employees is essential to business success. This requires an understanding of employment law. The videos in this module cover two of the most important and controversial areas of employment law: the ability of a business to fire employees and sex discrimination. After watching the videos, you will be able to manage employment risks in these areas, while also attracting the best talent to your business. ...
Reading
8 videos (Total 73 min), 2 readings, 1 quiz
Video8 videos
Understand Wrongful Discharge Law: US vs Other Countries6m
Beware of Exceptions to the Employment at Will Rule9m
Manage Your Wrongful Discharge Risks8m
Manage Your Defamation Risks11m
Understand Anti-Discrimination Laws and Sexual Harassment10m
Manage Sex Discrimination Risks: A Case Study10m
Value Creation: Attract and Retain the Best Talent11m
Reading2 readings
After completing this module, you will be able to:10m
Suggested Readings10m
Quiz1 practice exercise
Show What You Know20m

4

Section
Clock
2 hours to complete

Meet Your Customers’ Needs: Transform Product Liability into Product Innovation

In a fast-changing world, your ability to develop new products is an important source of competitive advantage. The videos in this module provide you with methods for managing product liability risks. You can use these same methods for consumer research and new product development. ...
Reading
12 videos (Total 106 min), 2 readings, 1 quiz
Video12 videos
Understand Your Risks from Negligence and Strict Liability7m
Recognize the Business Liability Risks That Arise From Actions of Employees8m
Manage Your Risks Caused by Employee Torts: A Cell Phone Example7m
The “Two Hats” You Wear When Dealing with Product Liability7m
Exercise Care When Giving Warranties5m
Override the Implied Warranties That Accompany Your Products11m
Understand the Dramatic Impact of Strict Liability on Your Business10m
Balance Risk and Benefits When You Design Products5m
Create a Corporate Veil to Manage Your Product Liability Risks12m
Use a Product Safety Team to Minimize Your Product Liability8m
Use Your Product Liability Process to Create Value Through New Product Development11m
Reading2 readings
After completing this module, you will be able to:10m
Suggested Readings10m
Quiz1 practice exercise
Show What You Know20m
4.8
Briefcase

83%

got a tangible career benefit from this course

Top Reviews

By AJAug 4th 2016

Mind blowing. Though i was somewhat aware of these aspects of Strategy, Law & Ethics, but were pleasantly enlightened by the course material that had organised my thoughts more clearly. Thanks a ton.

By VVMay 16th 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.

Instructor

George Siedel

Williamson Family Professor of Business Administration and Thurnau Professor of Business Law

About University of Michigan

The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.