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System Dynamics for Business Policy

This hands-on course draws from a variety of experiences to teach its material. Students develop and test computer simulation models in the assignments.15.874 and 15.871 provide an introduction to system dynamics modeling for the analysis of business policy and strategy. Students learn to visualize a business organization in terms of the structures and policies that create dynamics and regulate performance. The course uses role playing games, simulation models, and management flight simulator...

Start Date: Sep 01, 2003
Cost: Free

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System Dynamics for Business Policy's Full Profile

Overview

Description

This hands-on course draws from a variety of experiences to teach its material. Students develop and test computer simulation models in the assignments.15.874 and 15.871 provide an introduction to system dynamics modeling for the analysis of business policy and strategy. Students learn to visualize a business organization in terms of the structures and policies that create dynamics and regulate performance. The course uses role playing games, simulation models, and management flight simulators to develop principles for the successful management of complex strategies. Special emphasis will be placed on case studies of successful strategies using system dynamics.15.874 is a full semester course and 15.871 is a half semester course. The two classes meet together and cover the same material for the first half of the term. In the second half of the semester, only 15.874 continues.

Details

  • Dates: Sep 01, 2003 to Dec 20, 2003
  • Days of the Week: Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
  • Level of Difficulty: Beginner
  • Size: Massive Open Online Course
  • Instructors: Prof. Nelson Repenning, Prof. John Sterman, Prof. J. Bradley Morrison
  • Cost: Free
  • Institution: MIT OCW

Provider Overview

About MIT OCW: MIT OpenCourseWare (OCW) is a web-based publication of virtually all MIT course content. OCW is open and available to the world and is a permanent MIT activity.

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