Success as a manager depends on more than acquiring
technical knowledge and management concepts. Success comes
from understanding organizational politics and culture and the
ability to leverage the skills of others. I want students to select
projects that are decision-oriented and of value to the organization
and the student. In order to be successful, you will have to gain
access to other parts of your company and get buy in
at all levels.
Carol Stewart, Senior Instructor
I wanted a project that would develop my capabilities in a
new area, and benefit my company. As a result of a request
from my CEO, I decided to apply a Real Options analysis to one
of PanCanadians international offshore projects. The results
of the analysis not only solved the problem but made it possible
to develop a very clear recommendation for senior management to
act on. Real Options is a powerful tool because it provides a
framework for analysis of both strategic and operational capabilities
in highly uncertain situations and it facilitates decision making.
I am looking forward to continuing to apply Real Options analysis
to a variety of projects at PanCanadian in the future.
Chayan Chakrabarty
Senior Development Engineer
PanCanadian Petroleum
Class of 2001