AOS332 Strategy Dynamics
Showing course contents for the educational year starting in 2016 .
Course responsible: Carl Brønn
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: EN
Limits of class size:
Teaching exam periods:
This course starts in Autumn parallel. This course has teaching/evaluation in Autumn parallel.
Course frequency: Annually
First time: 2007H
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.
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
Two mandatory assignments that are graded passed/ failed and must be passed before the student can participate in the final exam. If the mandatory activity is passed, and you want to retake the exam, you do not have to hand in the assignments again.
Term project (simulation model) that can be written in groups (maximum 3 students) or individually; represents 70% of the total grade. Final examination 30%, duration 3 hours.
Total work load is estimated to 300 work hours or 10 credits.
Reduction of credits:
Type of course:
The course will be organised as 4 hour weekly sessions over 13 weeks.
An external examiner will assess the curriculum, questions for the exam, and principles for evaluation. Grades will be set by the teacher.
Allowed examination aids: No calculator, no other aids
Examination details: Continuous exam: A - E / Ikke bestått