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Two Year Full-Time PGDM(FM) Programme 2022-24 Batch.                                                                                      

Fore School of Management
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System Thinking and Simulation Workshop

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Dates:August 27 – September 18, 2022
Programme Director: Prof. Aarti Singh
Mode: Online Mode

System Thinking and Simulation Workshop

Introduction

Accelerating economic, technological, social, and environmental change challenges managers and policymakers to learn at increasing rates, while at the same time the complexity of the systems in which we live is growing. Many of the problems we now face arise as unanticipated side effects of our own past actions. Also too often the policies we implement to solve important problems fail, make the problem worse, or create new problems.Effective decision making and learning in a world of growing dynamic complexity requires us to become systems thinkers-to expand the boundaries of our mental models and develop tools to understand how the structure of complex systems creates their behaviour. The development of management thought has witnessed the application of systems thinking in various spheres. This provides a holistic understanding of management. This course will provide fundamentals of the systems thought which will be useful in many courses and in particular in the focus module on “Management Systems”. The input from the classwork will initiate the student in this area; however, it is expected of the student to make his/her own reading.

Objective

  • Appreciate the use of systems thinking in management.
  • Critically understand and apply basic systems concepts and principles in management.
  • Apply systems thinking and the system dynamics worldview.
  • Implement tools for systems thinking, including methods to elicit and map the structure of
  • complex systems and relate those structures to their dynamics.
  • Generate guidelines for working with client teams and successful implementation.

Contents

  • Introduction to System Thinking, Causes of dynamic behavior
  • Utilizing the standard approach to develop System Dynamics models
  • Introduction to i-Think, Causal Loop Diagram, Stock and Flow Diagram
  • Application of System Dynamics in Energy Policy, Cases, and example
  • Introduction of Vensim, Causal Loop Diagram, Stock and Flow Diagram
  • Policy Making and System Dynamics, Business Cases, and Examples
  • Application of System Dynamics in Health Policy and Public Health
  • Agent-Based Modeling, Introduction to AnyLogic , and Group Presentations

Programme Methodology:

The programme would be delivered online, through an of combination i-Think, Vensim software’s, discussions using Role plays and Cases; Self-assessments.

Target Organizations/Institutions:

No organization in particular, as the topic cuts across types of organizations/businesses

Target Participants:

All those who intend to assess and effectively overcome dynamics of the business world, make policies, learn simulation tools, take best decisions, and improve decision- making capability through technology.

Programme Schedule

August 27, 2022 4 PM to 6 PM Introduction to System Thinking ,Causes of dynamic behavior Prof Shushil
August 28, 2022 4 PM to 6 PM Utilizing the standard approach to develop System Dynamics models Prof Shushil
September 3, 2022 4 PM to 6 PM Introduction to i-Think , Causal Loop Diagram, Stock and Flow Diagram Prof Aarti Singh
September 4, 2022 4 PM to 6 PM Application of System Dynamics in Energy Policy ,Cases , and example Prof Aarti Singh
September 10, 2022 4 PM to 6 PM Introduction of Vensim , Causal Loop Diagram, Stock and Flow Diagram Dr Antonio Hurtado
September 11, 2022 4 PM to 6 PM Policy Making and System Dynamics , Business Cases, and Examples Dr Antonio Hurtado
September 17, 2022 4 PM to 6 PM Application of System Dynamics in Health Policy and Public Health Prof Vinaytosh Mishra
September 18, 2022 4 PM to 6 PM Agent Based Modeling, Introduction to AnyLogic ,and Group Presentations Prof Vinaytosh Mishra

Professional Fee of the Program

Particulars Fee for Online
Faculty Members INR 4720
Student/Research Scholars INR 2360
Corporate Executives INR 11,800

GST @18% included in fee amount, as applicable

Program Dates and Timing

Dates : August 27 – September 18, 2022
Timing : 4:00 PM - 6:00 PM, (Online Mode)
Program Duration : 16 hours (spread over 8 days)


Programme Director & Speakers:

Prof. Antonio Hurtado

Ph.D., University of Alberta (Canada). Master of Business Administration, HEC Montreal (Canada)
Dr. Hurtado is a multidisciplinary professional with extensive experience in technology business, strategic management of technology and innovation, cluster-based industry development policies and strategies, business-government relations, and international competitiveness and trade. He is currently a consultant of business development and innovation at the Technological Corporation of Andalusia (Spain), a member of the Water, Environmental and Agricultural Resources Economics (WEARE) research group and lecturer at the University of Córdoba (Spain), where he conducts research activities on system dynamics applied to the circular bio economy.

Prof. Sushil

Sushil is Professor of Strategic, Flexible Systems and Technology Management, Department of Management Studies, Indian Institute of Technology Delhi. He has served as Deputy Director (Operations) and Dean (Faculty) at IIT Delhi. He has served as Visiting Professor and delivered seminars in many leading universities, such as Montpellier Business School, France, Kyoto University, Tokyo, University of Minnesota, Minneapolis, MN, Stevens Institute of Technology, NJ, University of Lethbridge, Alberta, Université Paris 1 PanthéonSorbonne, Paris, among others. He is an active researcher and has supervised more than 60 doctoral dissertations. He has twenty books to his credit in the areas of Flexibility, Strategy, Systems Thinking, and Technology Management and over 300 papers in various refereed journals and conferences. He is the Founder Editor-in-chief of Global Journal of Flexible Systems Management and serving on the Editorial Boards of leading international journals. He is the Editor of Book Series on Flexible Systems Management published by Springer.

He has pioneered the area of 'Flexible Systems Management' and made original contributions to the field of knowledge in the form of interpretive approaches in management such as SAP-LAP models/linkages, Total Interpretive Structural Modeling, and Interpretive Ranking Process. He has evolved the concept and framework of 'Flowing Stream Strategy' as strategic flexibility to manage continuity and change. He has also provided mantras for continuous organizational vitalization (LIFE), and models for strategic performance management (Flexible Strategy Game-card), sustainable enterprise (Star Model) and strategy execution (4A's Model).

He has served as Independent Director on the Boards of RINL, HSCC, and River Engineering. He has acted as consultant to both governmental and industrial organizations; a few representative ones are Ford Foundation, APCTT, UN, Defense Research and Development Organization (DRDO), Wipro Infotech, LG Electronics, Rockwell International, Tata Consultancy Services, James Martin & Co., Gas Authority of India Ltd., Sona Koyo Steering Systems, NBCC, and DGS&D. He is the Founder President of the professional body, 'Global Institute of Flexible Systems Management'. He has been awarded 2014 AGBA Fellow (by Academy for Global Business Advancement, USA).

Prof. Vinaytosh Mishra

Ph.D. and B-Tech (ECE), IIT (BHU), Varanasi India; MBA, Institute of Management. Nirma University, Ahmedabad India

Dr. Vinaytosh Mishra is an Associate Professor for Healthcare Management (Management, Digital Health, and Heath Analytics) at the College of Healthcare Management and Economics, Gulf Medical University, Ajman (UAE). He has more than 14 years of experience in industries like Healthcare, EdTech, Finance, and Information Technology. He was instrumental in making a diabetes specialty clinic into a fifty-bed multispecialty clinic in his tenure at Aaroha Healthcare (P) Ltd. In his last Assignment as Associate Professor at FORE School of Management, New Delhi he was program director for two successful long-duration programs namely “Building Intelligent Healthcare Analytics” and “PGPM in Healthcare Management and Analytics”. He is also a Certified Diabetes Educator and Green Belt in Lean Six Sigma. He has successfully filed a patent for a device for early detection of diabetes using nail fold capillaroscopy.

Prof. Aarti Singh

Ph.D., IIT Delhi; M. Tech. (Energy Management), SEES, DAVV Indore; B. Tech. (Biotechnology), BU Jhansi.

Dr. Aarti Singh is working as an assistant professor in the area of Strategy at FORE School of Management. She has Ph.D. in the area of Strategy where she studies Interpretive and Dynamic Modeling of Waste Management and Sustainability in Organizational Context. She has published her research work in some leading international journals and book like Management of Environmental Quality (Emerald); Sustainability (MDPI); and Global Value Chains, Flexibility and Sustainability (Springer). She has presented her work at reputed international conferences organized by System Dynamics Society; Global Conference on Flexible Systems Management (GLOGIFT); and Academy for global business advancement (AGBA). During her doctoral study, she received Fellowship and financial assistance from the Research Promotional Fund at IIT Delhi for paper presentation at an international conference. She has qualified Gate in 2009. She has been awarded scholarships and certificates for securing high positions in her academic background


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