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Dec 21, 2024
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OPMG 533/5306 - Business Dynamics (3 cr.)
Prerequisites BADM 5310
Description This course introduces system dynamics modeling for the analysis of business policy and strategy. Students will learn to visualize and analyze a business organization in terms of the structures and policies that create dynamics and regulate performance. A common theme that runs through the course is the search for connections between the behavior of people (and groups) in organizations and the organizational trajectories they generate; and how interactions among physical, cognitive, social, and informational factors in various organizational settings lead to dynamic behavior over time. We will also introduce” management flight simulators” that allow us to experience the long term side effects of decisions, systematically explore new strategies, and develop our understanding of complex systems.
When Offered Offered occasionally.
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