Fundamental principles of dynamic systems mapping of stock-and-flow structures connecting feedback to stock and flow structures the dynamic resource perspective on strategy, interactions between operations, strategy, and human resource policy, managing instabilities in supply chains applications - scenarios and management flight simulators.

The course gives an introduction to system dynamics as a language and a methodology for analyzing and understanding organizations business policies and strategies. This is accomplished by presenting the effects of the cognitive dimension on strategic business activities. This leads to the development of a conceptual structure for understanding organizations as complex systems. This perspective gives strategic decision makers a powerful methodology for both analyzing and communicating the long-term consequences of their strategic planning activities.

Each weekly session will be organised as a combination of lectures, student presentations, and group assignments.

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Sterman, J. (2000). Business Dynamics: Systems Thinking and Modeling for a Complex World. Boston: Irwin/McGraw Hill. (Text and CD-ROM). Selected articles.

-BUS305 or another course in strategy

3 deliverables (50% total) and a final written examination (50%)

Total work load is estimated to 300 work hours or 10 credits.

Bachelor 

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The course will be organised as 4 hour weekly sessions over 13 weeks.

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An external examiner will assess the curriculum, questions for the exam, and principles for evaluation. Grades will be set by the teacher.