Understanding and Solving Complex Business Problems

Understanding and Solving Complex Business Problems

Item No. a056g00000URaNBAA1
Course Dates Format Duration Time Commitment Price
Dec 9–10, 2021 Live Online 2 days 8 hours/day $4,100

Tracks

Management and Leadership

Certificate Credits

2.0 EEUs

Topics

- Operations

- Systems Thinking

Course Highlights:

  • This course is delivered in our Live Online format which enables real-time interaction with faculty and global peers
  • You will be introduced to MIT's unique, powerful, and integrative system dynamics approach to assess problems that will not go away
  • You 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
  • You will earn a certificate of course completion from the MIT Sloan School of Management

 

Featured content:

 

Why attend Understanding and Solving Complex Business Problems?:

Systems thinking was devised to improve people's ability to manage organizations comprehensively in a volatile global environment. It offers managers a framework for understanding complex situations and the dynamics those situations produce. 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.

Senior managers can use the system dynamics method to design policies that lead their organizations to high performance. The program is intended to give participants the tools and confidence to manage organizations with full understanding and solid strategy.

 

Course experience:

This complex problem solving course introduces participants to MIT's unique, powerful, and integrative system dynamics approach to assess problems that will not go away and to produce the results they want. 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.

Participants will experience the Beer Game, a table game, developed by Jay Forrester. Played with pen, paper, printed plastic tablecloths, and poker chips, it simulates the supply chain of the beer industry. In so doing, it illuminates aspects of system dynamics, a signature mode of MIT thought: it illustrates the nonlinear complexities of supply chains and the way individuals are circumscribed by the systems in which they act.

Learn more about the live online experience.    

 

Applying to the course:

We accept enrollments until the offering reaches capacity at which point we will maintain a waitlist. Many of the courses fill up several weeks in advance, so we advise that you enroll as early as possible to secure your seat.

You can begin the application process by using the red Enroll Now bar at the bottom of the screen.

 

Have questions?:

Contact Us if you would like to speak with a program director or visit our Frequently Asked Questions page for answers to common questions about our courses.

Upon successful completion of your course, you will earn a certificate of completion from the MIT Sloan School of Management. This course may also count toward MIT Sloan Executive Certificate requirements.

 

The program will offer a new way of thinking about and resolving complex, persistent problems that emerge from change. Applying organization theory along with intuitive principles of feedback control, participants will learn to:

  • 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

 

The course was brilliantly designed and facilitated by the crew. I walked away with a great foundation for system dynamics and the in-course exercises made a strong imprint that I can immediately start applying to real world situations. This course is the epitome of when mastery is presented masterfully.

 

 

Sample Schedule—Subject to Change

This program is designed for executives with decision-making responsibility who are looking for fresh ideas to resolve organizational problems.

Past participants have included:

  • CEOs
  • Presidents
  • COOs
  • CTOs
  • VPs and EVPs
  • Corporate planners and strategists
  • Senior Project Managers
  • Product Development Managers

 

I had never thought that learning would be as easy and fun as this. Both speakers were amazing. The infamous Beer Game is one of the fun elements that made us clearly understand the importance of each part within a supply chain.

 

Course Dates Format Duration Time Commitment Price
Dec 9–10, 2021 Live Online 2 days 8 hours/day $4,100

Tracks

Management and Leadership

Certificate Credits

2.0 EEUs

Topics

- Operations

- Systems Thinking

Enroll Now!

$4,100