This course provides an intensive, hands-on introduction to system dynamics, a unique framework for understanding and managing complex businesses and organizations, developed at MIT by the very faculty teaching this program. Participants are introduced to a variety of tools, including mapping techniques, simulation models, and MIT’s “management flight simulators” to help them understand the sources of persistent problems and how business decisions may result in complicated cause-and-effect loops.
In a brutally competitive market sometimes a great product just isn’t enough. MIT Sloan’s David Robertson uses the corporate journey of LEGO® to provide a fascinating look beyond ‘incremental’ and ‘disruptive’ innovation, and offers a ‘third way’ to innovate, when a great product isn't enough