Systems Thinking Fuels High-Velocity Organizations - Steven Spear, MIT Engineering
Companies that are in the same industry, use the same basic technology, and address the same market needs can nevertheless exhibit huge disparities in performance. Consider Honda vs. Chrysler, for example, or Intel vs. Advanced Micro Devices. Through a combination of low cost, efficiency, timeliness, and responsiveness, some companies just perform more efficiently. In the course Creating High-Velocity Organizations, an elective offered in MIT's System Design and Management (SDM) program, students examine how and why some companies succeed while others fail through written and video case studies, lectures, and in-class simulations. Examples center on heavy and high-tech manufacturing, new product development and manufacturing, healthcare, and the military.