Business Dynamics: MIT's Approach to Diagnosing and Solving Complex Business Problems 

COURSE TAKEAWAYS

The concepts and frameworks covered in this course will help you: 

  • Discover  why dysfunctional dynamics persist in organizations
  • Identify and understand complex situations and the dynamics they produce
  • Predict the impact of decisions on the growth, stability, and behavior of organizations
  • Make strategic decisions that result in outcomes consistent with overall objectives
  • Develop the ability to think systemically and dynamically
  • Implement  successful change initiatives 

Rethink how to approach complex business problems—and get the results you want.

Learn practical tools for designing better-operating policies, understanding
complexity, and guiding effective change.

Understand the sources of persistent problems and how business decisions may result in complicated cause-and-effect loops.

MIT Management Executive Education

In a world of growing complexity, many of the most vexing problems facing managers arise from the unanticipated side-effects of their own past actions. In response, organizations struggle to increase the speed of learning and adopt a more systemic approach. The challenge is to move beyond outdated slogans about accelerated learning and “thinking systemically” to implementing practical tools that help managers design better operating policies, understand complexity, and guide effective change. 

Business Dynamics: MIT's Approach to Diagnosing and Solving Complex Business Problems introduces participants to System Dynamics, a powerful framework for identifying, designing, and implementing high-leverage interventions for sustained success in complex systems. System Dynamics has been used successfully in diverse industries and organizations, such as Airbus, Compaq, General Motors, Hewlett-Packard, Intel, and Merck. Developed at MIT more than thirty years ago by computer pioneer  Jay Forrester, System Dynamics led to the creation of management flight simulators that allow managers to accelerate learning, experience the long-term side effects of decisions, and design structures and strategies for greater success. 

Harness the power of systems thinking

Faculty

JOHN VAN MAANEN

Faculty Name

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Faculty Role

WHEN
 

WHERE 
Live Online

EXECUTIVE CERTIFICATE TRACK 
Management and Leadership

TUITION
$9,500*
*Excludes Accommodations

HANDS-ON APPROACH

Through hands-on activities, interactive experiments, and close interaction with peers and faculty, you will be exposed to the principles of systems thinking and practical methods for putting them into action. Tools presented include mapping techniques, simulation models,and management flight simulators. You will also play the Beer Gamea table game that illustrates the nonlinear complexities of supply chains and the way individuals are circumscribed by the systems in which they act.

WHO SHOULD ATTEND

Business Dynamics is designed for executives, managers, planners, strategists, and consultants who work with management teams. It also benefits administrators of public and not-for-profit organizations, management scientists, and educators. 

Program Reviews

Ready to learn new ways to tackle your toughest problems? 

ABOUT THE COURSEFACULTYREVIEWSAPPLY TODAY

What Is System Dynamics 

In this video, Professor John Sterman explains Systems 
Dynamics—
a technique to better understand dynamic problems arising in complex systems.

Business Dynamics: MIT's Approach to Diagnosing and Solving Complex Business Problems

Harness the power of systems thinking

WHEN
 

WHERE 
Live Online

EXECUTIVE CERTIFICATE TRACK 
Management and Leadership

TUITION
$9,500*
*Excludes Accommodations

A fascinating and highly innovative course that offers powerful insights into a wide range of problems. Well taught and effectively delivered. Attracts an interesting set of students. Overall, a very positive experience.

 — Eric P

The course was excellent. It provided me with various insights that are highly applicable in my everyday job. Specifically, the course provides easy to use powerful techniques to understand your environment and its effects on the behavior of people working in it. In addition, I found the instructors passionate and inspiring in their use of system dynamics methodology to understand business and world problems.

- Luis C. 

A fantastic class that really expands your thinking on how to model systems and the dynamics that affect them. John Sterman's passion for System Dynamics and his causes are infectious. I also really enjoyed Nelson Repenning's framing of the NeuroScience behind why one should model systems to properly understand them.

 Stephen W 

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Business Dynamics is designed for executives, managers, planners, strategists, and consultants who work with management teams.
Business Dynamics: MIT's Approach to Diagnosing and Solving Complex Business Problems introduces participants to System Dynamics, a powerful framework for identifying, designing, and implementing high-leverage interventions for sustained success in complex systems.
NELSON REPENNING

Nelson Repenning

Associate DeanLeadership and Special Projects 
Faculty Director, MIT Leadership Center 
MIT Sloan School of Management Distinguished Professor of System Dynamics and Organization Studies
 

Throughout his career, Nelson Repenning has focused on understanding the factors that contribute to the successful implementation, execution, and improvement of business processes. His award-winning research has been recognized by the California Management Review and the Journal of Product Innovation Management. He is also a winner of the prestigious Jay Forrester Award from the International System Dynamics Society. Currently Nelson focuses on developing the theory and practice of Dynamic Work Designa new approach to designing work that is both effective and engaging. In 2011 he received the Jamieson Prize for Excellence in Teaching. He is also a partner at ShiftGear Work Design and serves as its Chief Social Scientist. 

JOHN STERMAN

John Sterman

Jay W. Forrester Professor of Management
Professor, System Dynamics and Engineering Systems
Director, MIT System Dynamics Group

John Sterman’s research centers on improving decision-making in complex systems, including corporate strategy and operations, energy policy, public health, environmental sustainability, and climate change. His work ranges from the dynamics of organizational change and the implementation of sustainable improvement programs to climate change and the implementation of policies to promote a sustainable world. Sterman pioneered the development of “management flight simulators” of corporate and economic systems which are now used by corporations, universities, and governments around the world. 

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