15.874 / 15.871 System Dynamics for Business Policy, Fall 2003

15.874 / 15.871 System Dynamics for Business Policy, Fall 2003

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, simul...

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Bibliographic Details
Main Authors: Morrison, J. Bradley, Sterman, John, Repenning, Nelson
Language:en-US
Published: 2003
Subjects:
system dynamics modeling applied to corporate strategy
simulation models
management "
management "flight simulators"
high-performance organizations
growth strategy
management of technology
operations
project management
effective use of modeling in the real world
business strategy
system dynamics modeling
corporate strategy
case studies
business policies
visualizations
business structures
microworlds
role playing games
policy design
15.874
15.871
Online Access:http://hdl.handle.net/1721.1/91162
Description
Summary: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.

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