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Chair of
Strategic Management and Decision Making

Prof. Dr. Philip Meissner, Chair Owner, Chair of Strategic Management and Decision Making, Berlin campus, ESCP Europe“Welcome to the Chair of Strategic Management and Decision Making. At the chair, we mainly focus on two questions that are crucial for organizations today. First, we investigate how companies can adapt to the dynamic technological environment we face today. This includes strategy techniques like scenario-based planning but also a deep investigation of how new technologies like Blockchain, Artificial Intelligence, 3D Printing and Virtual Reality reshape entire industries as well as how these technologies can be managed best from a strategic point of view. Second, we study how executives can make better decisions and how decision making processes in organizations can be optimized. For this, we analyze the effect of biases and emotions in strategic decisions and the decision making techniques that can be quickly applied to make better decisions.”

-Prof. Dr. Philip Meissner

The team

From left to right: Dennis Heumann, Astrid Tröster, Prof. Dr. Philip Meissner, Theresa Voigt, Christoph Keding, Afrodita Bojadjieva

Teaching
We offer the following courses:

Bachelor in
Management (BSc)

  • Strategy and International Management
Go to the programme

Master in
Management

  • Strategy
Go to the programme

MSc in
Digital Business Project Management & Consulting

  • International Business Strategy
Go to the programme

MSc in
Strategy and Digital Business

  • Strategic Management
  • Problem Solving and Communication
  • Strategic Decision Making
  • TED Talk Seminar
Go to the programme

EMBA
Executive MBA

  • Scenario-based Strategic Planning
Go to the programme

Executive
Education

  • Different courses in Strategy, Decision Making and Digital Transformation
Go to the programmes

Research

Research approach

Our research combines rigor and relevance. Thus, we aim at generating findings that contribute to theory building in the field while at the same time being relevant for a practitioner of management to learn from. Ultimately, strategy is about making large scale decisions about the future. In a large body of studies, psychological research has shown that decision makers are influenced by biases and emotions when making such decisions. We try to translate these findings into the specific requirements and circumstances induced by the business environment. Our interdisciplinary research that combines the domains of psychology and management is based on experiments both in the lab and in the field. We use these rigorous methods to help answer questions that are equally relevant for researchers and practitioners.

Research topics

Artificial Intelligence in Decision Making

In this research field, we investigate the influence of artificial intelligence on the decision making behavior of executives in organizations. We both analyze its effect on different outcome dimensions of decision making processes as well as cross-cultural differences.

Emotions and their Effect in the Strategy Process

Emotions are a crucial factor in every decision. We study, how different emotions influence the decision making process in companies as well as the judgment of executives. Based on these foundational insights, we also study how the negative effect of emotions can be reduced to improve the quality of decisions.

Methods for Improving Strategic Decisions

Cognitive Biases have been shown to reduce performance and decision quality. At the same time, different simple and quick techniques have been developed and tested that can debias decision processes and improve decision quality as well as overall firm performance. We contribute towards this research by developing and testing tools to improve strategic decisions.

Focus on:
Last Publications

Press

Philip Meissner, Torsten Wulf (2018): So reagieren Sie auf Disruption. Havard Business Management, April 2018
Philip Meissner, Torsten Wulf (2018): So reagieren Sie auf Disruption. Übersteigerter Optimismus und das Festhalten am Status quo können Unternehmen lähmen. Lernen Sie, in drei Schritten Ihre Kultur zu modernisieren, damit Veränderungen Sie nicht aus der Bahn werfen.

Press

Philip Meissner, Torsten Wulf (2018): So reagieren Sie auf Disruption. Havard Business Management, April 2018

Publications
Find an overview

Team and contact

Prof. Dr. Kerstin Alfes, Chair Owner of the Strategic Management and Decision Making Chair, Berlin Campus, ESCP Europe

Prof. Dr. Philip Meissner

Chairholder & European Academic Director
Master in Strategy and Digital Business
pmeissner@escpeurope.eu
Astrid Tröster, Assistant, Chair of Strategic Management and Decision Making, Berlin Campus, ESCP Europe

Astrid Tröster

Assistant
atroester@escpeurope.eu
Sabine Scholz, Research Associate, Chair of Strategic Management and Decision Making, Berlin Campus, ESCP Europe

Christoph Keding

Research assistant / PhD student
ckeding@escpeurope.eu
 
Afrodita Bojadjieva, Programme Coordinator, Chair of Strategic Management and Decision Making, Berlin Campus, ESCP Europe

Afrodita Bojadjieva

Programme Coordinator
Specialised Master Programmes
abojadjieva@escpeurope.eu
Dennis Heumann, Student assistant, the Strategic Management and Decision Making Chair, Berlin Campus, ESCP Europe

Dennis Heumann

Student assistant
dennis.heumann@edu.escpeurope.eu

Partners
Our network consists of successful companies and institutions from different areas. We constantly exchange ideas in joint lectures, seminars, workshops and research projects.

Company Partners

Logo Henkelx, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Bain and Company, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo McKinsey Company, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Hitfox, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Siemens, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Wayfair, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Daimler, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Zalando, Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus Logo Mister Spex Partner of the chair Strategic Management and Decision Making, ESCP Europe, Berlin campus