The Advanced Strategy Program—Live-Online

Prepare your organization for what lies ahead—piece together the intricate puzzle of business strategy. The Advanced Strategy Program—Live-Online—a seven-week live-online education series—provides the latest thinking in strategy to help executives build and sustain their organization’s advantage in highly competitive markets.
Business strategy has evolved in a short period. In the past, business evolutions were relatively incremental and predictable. Now, unforeseen competitors and new products and services are born seemingly overnight. Moreover, as technological innovation accelerates economic and social change, new demands are being placed on organizational leadership to stay one step ahead.  And staying ahead requires thinking strategically—piecing together the intricate puzzle of business strategy.

This seven-week live-online education series provides the latest thinking in strategy to help executives build and sustain their organization’s advantage in highly competitive markets. By attending, you’ll explore why some organizations seem to become successful overnight, learn how to remain steady in the face of unforeseen uncertainty, and discover how growth can be achieved despite facing roadblocks.

Our live-online programs are delivered in asynchronous format where executives learn from renowned Chicago Booth faculty and global peers in an interactive, high-impact virtual environment. The benefit to this format is leaders will receive Booth’s rigorous content in short, digestible sessions. 97% of live-online participants recommend our programs to colleagues, friends, and those who seek to expand their skills.

Each session builds upon itself—unlocking the program teachings into a practical roadmap of learning. Participants will apply concepts in real-time through business case analyses, puzzles, and solution-driven problem-solving practices. Moreover, sessions include a Q&A time — allowing a rare opportunity to explore concepts with program faculty.

Live-Online Sessions

Over the course of seven weeks, participants will join highly-focused two-hour live-online sessions. Live-online sessions are held on Fridays from 11 a.m. —1 p.m. CT.  Session schedule by topic is below.

  • Week 1: Why Bother with Strategy? 
  • Week 2: How Not to be Surprised
  • Week 3: How to Deal with the Unknown?
  • Week 4: How to Play Moves Ahead? 
  • Week 5: Will the Technology Win?  
  • Week 6: Does Culture Eat Strategy for Lunch?
  • Week 7: What does Strategy Look Like?

Note: Program dates, instructors, and fee are subject to change.

This program prepares mid-to senior-level executives who seek to grow their organizational competitive advantage. Executives in long-established businesses and entrepreneurs leading smaller firms will find value in attending. And those from various industries will find this program beneficial, such as manufacturing, technology, and retail sectors. In addition, those in the roles of business development, new product development, R&D, marketing, sales, and those directly involved with the strategic direction of their organization will find benefit.

James E. Schrager

Clinical Professor of Entrepreneurship and Strategic Management

James E. Schrager studies the use of strategy by executives and venture capital partners. Drawn to this research by a fascination with extreme success and a desire to better understand how it happens--or not, Schrager pushes his students to discover how to better judge potential new venture investments and growth opportunities for existing businesses by using the unique power of strategy. His work is powered by the application of Herbert A. Simon’s concept of Bounded Rationality to strategy.

He has published multiple articles in the Wall Street Journal, CEO Magazine, and the Chicago Tribune, among others. He is frequently quoted in the press and has appeared on NBC, ABC, PBS, and other networks as an expert commentator on business strategy. He was editor of the Journal of Private Equity (published by Institutional Investor) for fifteen years. In 2013, he co-authored a paper on the emerging field of Behavioral Strategy for the Journal of Strategy and Management. He is involved in a series of case-based experiments, conducted with Booth MBA students, which provide data for certain facets of Behavioral Strategy.

Clinical Prof. Schrager is an active advisor to boards and CEOs on matters of strategy. His clients range from some of the largest companies in the US to professional service firms to start-ups, in high- mid- and no-technology businesses. His previous assignments include a series of corporate turnarounds for the Pritzker family interests, through their Chicago-based industrial conglomerate, The Marmon Group. As executive vice president of San Francisco--based Getz Brothers Co, he was responsible for the successful execution of the Getz- Japan initial public offering in Tokyo, the first private US company accepted to go public in Japan.

He has worked extensively on the commercial aspects of advanced cardiovascular devices with the surgeon who performed the first heart-transplant in the USA, Dr. Adrian Kantrowitz. He is currently a board member on a start-up founded by one of the most cited researchers in Malaria vaccines, Dr. Stephen Hoffman, whose company is partially funded by the Bill and Melinda Gates Foundation.
He has three times received the Emory Williams Award for Excellence in Teaching, was twice selected to deliver the Convocation Address, and won the Faculty Excellence teaching award in 2017. He was named one of the top twelve teachers in entrepreneurship in the United States by BusinessWeek Magazine.

Schrager earned a bachelor’s degree in economics from Oakland University, an MBA from the University of Colorado, a JD from the Depaul University College of Law, and a PhD from the University of Chicago Booth School of Business in organization behavior and policy. He previously was a certified public accountant in the state of Illinois.

What past participants say about strategy programs with Professor Schrager:

[Professor] Schrager offers a refreshing insight into the difficult subject of strategy. His enthusiastic and simple approach draws upon real world experience of strategy. Participants are offered a different approach to help drive success in the future of the competitive world of business.

—Lyman Tschanz, General Manager - Automotive Division, Modine Manufacturing Co.

Great class. I can use much of the learning on Monday morning when I get to the office. The professors were full of energy and engaged the students well. Well worth the investment.

—Heiko Schafer, Director of Marketing Insights, MeadWestvaco

Great facilities and organization - made it easy to concentrate on the content rather than logistics. Content and combination of speakers/topics was very effective. First breaking down our preconceived ideas about strategy, then rebuilding a simple method, then adding the elements of leadership.

—Barb Pugesek, Market Manager, FONA International

Highly engaged course that energized me for my current and future sales in my organization. It taught me how to approach strategy and challenged my thinking, judging strategy. It gives you concrete tools / approaches you can use on the job.

—Leslie Molloy, Director, Marketing Strategic Planning & New Categories, Bayer HealthCare

Jim Schrager is a very dynamic energizing speaker- lots of great open classroom discussion. Everybody I talked to was extremely happy with the class and have lots of take away items to try within our own business. Lots of fun and I learned a lot!

—Tom Nelson, Business Manager, Huntsman Corporation

The instructors provided the tools that allowed me to formalize my thought patterns and challenge myself to reach conclusions with a new level of confidence.

—Dan Kolo, Global Strategy Analyst, Johnson Controls, Inc.

Registration Timelines

We recommend registering for the May-June session by April 28.

Upcoming Courses

Date Fee Format
May 12-June 23, 2023 $3,200 Live-Online Register Now
October 6-November 17, 2023 $3,200 Live-Online Register Now