Understanding and Solving Complex Business Problems Massachusetts Institute of Technology (MIT)

Overview

What you will study

• The Understanding and Solving Complex Business Problems course offered by Massachusetts Institute of Technology (MIT) 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 play 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. 
• The game illuminates aspects of System Dynamics, a signature mode of MIT thought and illustrates the nonlinear complexities of supply chains and the way individuals are circumscribed by the systems in which they act.