Understanding and Solving Complex Business Problems offered by MIT University
- Private University
168 acre campus- Estd. 1861
Understanding and Solving Complex Business Problems at MIT University Overview
Understanding and Solving Complex Business Problems
at MIT University
Devised to improve people's ability to manage organizations comprehensively in a volatile global environment
Duration | 2 days |
Total fee | ₹3.12 Lakh |
Mode of learning | Online |
Course Level | UG Certificate |
Understanding and Solving Complex Business Problems at MIT University Highlights
Understanding and Solving Complex Business Problems
at MIT University
- Earn a certificate of course completion from the MIT Sloan School of Management
Understanding and Solving Complex Business Problems at MIT University Course details
Understanding and Solving Complex Business Problems
at MIT University
Skills you will learn
Who should do this course?
- For executives with decision-making responsibility who are looking for fresh ideas to resolve organizational problems
- For CEOs, COOs, CTOs
- For Presidents, executive vice presidents, and vice presidents
- For Senior project managers
- For Product development managers
- For Corporate planners and strategists
What are the course deliverables?
- Assess the likely impact of different policies and decisions that relate to their organization's growth, stability, and performance
- Recognize business system archetypes that can trigger persistent, long-term problems
- Use state-of-the-art management tools to identify relationships
- Intervene effectively to make fundamental changes
More about this course
- Systems thinking? is a response to the rapid changes in technology, population, and economic activity that are transforming the world, and as a way to deal with the ever-increasing complexity of today's business
- Students will be introduced to MIT's unique, powerful, and integrative system dynamics approach to assess problems that will not go away
- Students will experience the Beer Game which simulates the supply chain of the beer industry
- The program will offer a new way of thinking about and resolving complex, persistent problems that emerge from change
- It offers managers a framework for understanding complex situations and the dynamics those situations produce
- Through exercises and simulation models participants experience the long-term side effects and impacts of decisions and understand the ways in which performance is tied to structures and policies
Understanding and Solving Complex Business Problems at MIT University Curriculum
Understanding and Solving Complex Business Problems
at MIT University
DAY 1
I. Introduction to System Dynamics
Interactive Simulation
II. The Tools of System Dynamics
The Tools and Process of System Dynamics
DAY 2
III. Policy Design in Complex Organizations
Late, Expensive and Wrong: Using System Dynamics to Understand and Improve Project Management
IV. The Implementation Challenge
System Dynamics in Action: A tale of two case
Understanding and Solving Complex Business Problems at MIT University Faculty details
Understanding and Solving Complex Business Problems
at MIT University
John D. Sterman
John D. Sterman is the Jay W. Forrester Professor of Management at the MIT Sloan School of Management and a Professor in the MIT Institute for Data, Systems, and Society. He is also the Director of the MIT System Dynamics Group and the MIT Sloan Sustainability Initiative
J. Bradley Morrison
Brad Morrison is fascinated with the challenges people face in accomplishing what they set out to do in organizations.
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Understanding and Solving Complex Business Problems at MIT University Contact Information
Understanding and Solving Complex Business Problems
at MIT University
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