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15.874 / 15.871 System Dynamics for Business Policy, Fall 2003 / System Dynamics for Business Policy

Authors
  • Morrison, J. Bradley
  • Sterman, John
  • Repenning, Nelson
Publication Date
Dec 01, 2003
Source
[email protected]
Keywords
Language
English
License
Green
External links

Abstract

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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