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UL SEB in North Macedonia: »Leadership Power Plays: Uncovering Game Theory in Executive Decision-Making«

18.10.2024Comments are closed.

On 10 October 2024, Professor Polona Domadenik Muren, PhD, organised a one-day seminar for more than sixty companies in Northern Macedonia at the M6 Educational Business Centre – Skopje. The seminar topic was “Leadership Power Plays: Uncovering Game Theory in Executive Decision-Making”.

The seminar was aimed at CEOs and other senior decision-makers in companies. Using an interactive approach and several simulations, Professor Domadenik Muren, PhD, took the participants through the process of game theory in executive decision-making.

The participants of the seminar were senior executives from the following companies: Alkaloid AD Skopje, Triglav Zavarovanja, Zavarovalnica Triglav Življenje, Kabtel, Eos Matrix, NLB Bank Macedonia, Croatia Zavarovanja Življenje, Ittude, EVN Macedonia, Makstil, Vinarija Tikveš, AutoMakedonia, Automoto Association of Macedonia – AMSM, law firms and entrepreneurs.

After the seminar, Prof. Polona Domadenik Muren said: “I was delighted to host a seminar that delved into the fascinating world of game theory. Together with the participants, we explored fundamental concepts such as the Prisoner’s Dilemma and their real-world applications.

We examined static and sequential games and discussed the Nash Equilibrium and the Tit-for-Tat strategy in large-scale repetitions. We concluded by studying Elon Musk’s strategy in the electric vehicle market. It was a day that encouraged reflection, critical thinking, and strategic decision-making.

M6 Educational Business Centre is one of the partners of the University of Ljubljana, Faculty of Economics in North Macedonia. The cooperation takes the form of seminars and workshops for companies that are members of the M6 consortium and other companies operating in North Macedonia.


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