Fundação Instituto de Administração

System Dynamics

This course is part of Future Studies Specialization

Taught in English

Included with Coursera Plus

Course

Gain insight into a topic and learn the fundamentals

Advanced level

Recommended experience

9 hours (approximately)
Flexible schedule
Learn at your own pace

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Course

Gain insight into a topic and learn the fundamentals

Advanced level

Recommended experience

9 hours (approximately)
Flexible schedule
Learn at your own pace

See how employees at top companies are mastering in-demand skills

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Build your subject-matter expertise

This course is part of the Future Studies Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
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There are 5 modules in this course

By the end of week 1, you will be able to: • Comprehend the foundational concepts of System Dynamics and systems thinking and recognize their importance in understanding and addressing complex problems in various disciplines. • Develop the ability to distinguish between analytical thinking and systems thinking approaches and appreciate the value of problem orientation and clear problem articulation for effective problem-solving. • Acquire a deeper understanding of the perspectives and contributions of key figures in the field, such as Jay W. Forrester and Russ Ackoff, and explore the practical applications of systems thinking in management and decision-making.

What's included

2 videos4 readings

By the end of week 2, you will be able to: • Develop a deep understanding of systems thinking, with a focus on feedback processes, causal loop diagrams, and the impact of delays on system behavior. • Understand how to create and interpret causal loop diagrams as a tool for analyzing relationships and feedback processes within complex systems. • Learn to identify and apply system archetypes and modes of dynamic behavior to real-world scenarios, enhancing decision-making and problem-solving abilities in various contexts.

What's included

4 videos2 readings

By the end of week 3, you will be able to: • Understand the fundamental concepts of stocks, flows, and auxiliary variables in System Dynamics, and learn how to differentiate between causal loop diagrams and stock-flow diagrams. • Gain hands-on experience with the Vensim software, including the installation process, creating and simulating System Dynamics models, and analyzing the behavior of models through simulations. • Apply the acquired System Dynamics modeling skills to real-world examples, such as the Retirement Fund model, to analyze the impact of different variables and explore the behavior of complex systems over time.

What's included

3 videos5 readings

Examines the Bass Model for forecasting product adoption across markets. Students will explore diffusion Models, including advanced aspects like product obsolescence and repurchases. Vensim simulations will be employed to enhance critical thinking and problem-solving skills while analyzing real-world scenarios.

What's included

2 videos1 reading1 peer review

Focuses on the Dynamics of Growth, exploring various aspects such as product awareness, production costs, and product differentiation. Learners will analyze these dynamics through strategic modeling and systems thinking, applying their knowledge to real-world business scenarios. The module emphasizes understanding the role of feedback loops in growth dynamics and developing informed corporate strategies for long-term success.

What's included

5 videos1 reading

Instructor

Luis Fernando Mello Barreto
Fundação Instituto de Administração
1 Course112 learners

Offered by

Recommended if you're interested in Business Strategy

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