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Senior decision makers who can recognize the forewarnings of financial stress are better equipped to help their companies respond in an economic downturn and thrive in the upturn. In this groundbreaking new program, leading historian and HBS Professor Niall Ferguson explores why most quantitative economic models failed to anticipate the magnitude of the current global economic crisis. Drawing on evidence from past depressions, he provides long-term perspectives and valuable insights on future scenarios for the world economy. You will leave the program with a deeper understanding of how to lead your organization through periods of change and growth in the new world order.
What You Can Expect
By examining past economic crises, the program illustrates how history provides powerful lessons that can shape the future of the global economy. You will explore the effects of globalization—inflation, deflation, risk, volatility, fiscal policies, and bank leverage—and learn how to adapt your business strategies to reflect today's economic realities.
Your Course of Study
Through case studies, classroom discussions, and small group exercises, you will examine past economic crises, what led to the current crisis, and what likely will occur in the future. You will emerge better prepared to make important financial decisions and set the right long-term strategy for your organization.
Who Is Right for the Program
Designed for senior decision makers who are charged with setting and implementing financial strategies, this leadership training program is appropriate for a wide range of executives, including chief executive officers, chief financial officers, corporate global strategists, business unit managers, country managers, policymakers, and economists.