This article discusses points that an entrepreneur should consider when deciding whether or not to hire employees.
Explores how organizations can use system dynamics to achieve important goals. Student teams work with client managers to tackle the clients' most pressing issues. Students discuss experiences with their clients, and learn modeling and consulting skills they need to be effective. Focus on gaining practical insight from the system dynamics process. Projects are sponsored by diverse organizations from a range of industries and sizes from start-ups to the Fortune 500.
Develops facility with concepts, language, and analytical tools of economics. Covers microeconomics, macroeconomics, and international trade and payments. Emphasizes integration of theory, data, and judgment in the analysis of corporate decisions and public policy, and in the assessment of changing US and international business environments. Restricted to Sloan Fellows. The fact of scarcity forces individuals, firms, and societies to choose among alternative uses -- or allocations -- of its limited resources. Accordingly, the first part of this summer course seeks to understand how economists model the choice process of individual consumers and firms, and how markets work to coordinate these choices. It also examines how well markets perform this function using the economist's criterion of market efficiency. Overall, this course focuses on microeconomics, with some topics from macroeconomics and international trade. It emphasizes the integration of theory, data, and judgment in the analysis of corporate decisions and public policy, and in the assessment of changing U.S. and international business environments.
While no businesses succeed based on their architecture or space design, many fail as a result of inattention to the power of spatial relationships. This course demonstrates through live case studies with managers and architects the value of strategic space planning and decision making in relation to business needs. The course presents conceptual frameworks for thinking about architecture, communication and organizations. This course is offered during the Sloan Innovation Period (SIP), which is a one-week period at the MIT Sloan School of Management that occurs midway through each semester.
Welcome to one of 12 Business, Marketing and Information Technology Quality Modules! The purpose of these modules is to illustrate quality examples of each of the 2018 ACTE Quality CTE Framework elements. Regardless if you are in a pre-service education program or an experienced educator, these modules will benefit your future and business & marketing program11. Work-based Learning addresses the delivery of a continuum of work-based learning involving sustained, meaningful interactions with industry or community professionals that foster in-depth, firsthand engagement with the tasks required in a given career field. Experiences may be delivered in workplaces, in the community, at educational institutions and/or virtually, as appropriate, and include a range of activities such as workplace tours, job shadowing, school-based enterprises, internships and apprenticeships.
This course provides a step by step guide on how to build a balanced scorecard. The course describes the development process and includes examples of actual balanced scorecards. Supplemental materials, such as excel spreadsheets, are also available. Course Level: Intermediate - An overall understanding of business and strategic planning is useful for fully understanding this course. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with audio clips, self-grading exam, and certificate of completion.
An intensive one-week introduction to leadership, teams, and learning communities. Introduction of concepts and use of a variety of experiential exercises to develop individual and team skills and develop supportive relationships within the Fellows class.
Uses a case approach to develop a framework for business analysis. Provides students with tools for business analysis, including strategic, accounting, financial, and prospective analysis. Concepts are then applied to a number of decision-making contexts, such as credit analysis, investor communications, merger analysis, financial policy decisions, and securities analysis. From the Course Description: Course Description The purpose of this class is to advance your understanding of how to use financial information to value and analyze firms. We will apply your economics/accounting/finance skills to problems from today's business news to help us understand what is contained in financial reports, why firms report certain information, and how to be a sophisticated user of this information.
This course provides an introduction to applied concepts in Calculus that are relevant to the managerial, life, and social sciences. Students should have a firm grasp of the concept of functions to succeed in this course. Topics covered include derivatives of basic functions and how they can be used to optimize quantities such as profit and revenues, as well as integrals of basic functions and how they can be used to describe the total change in a quantity over time.
Soft Skills course FREE teacher resources and trial access to online course solution as well as a correlation to WI state standards (WCCTS). Resources available for:-Professionalism-Teamwork & Team Building-Problem Solving & Decision Making-Verbal Communication-Oral Communication
- Business and Information Technology
- Career and Technical Education
- Health Science
- Marketing, Management and Entrepreneurship
- Technology and Engineering
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- Abigail Hess
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This course is designed for users with a working knowledge of capital budgeting who want to improve their current practices. The course focuses on three stages of capital budgeting analysis. The purpose of the course is to introduce new concepts and ideas that will improve capital budgeting; such as option pricing and post audit analysis. Course Level: Intermediate and Advanced - Since this course goes beyond traditional capital budgeting analysis, it is recommended that users have an understanding of capital budgeting prior to taking this course. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with audio clips, self-grading exam, and certificate of completion.
Carrier systems involve the design, operation, and management of transportation networks, assets, personnel, freight, and passengers. A number of different carrier systems are contrasted while models and tools for analyzing, optimizing, planning, managing, and controlling these systems are presented.
Introduces students to the basic tools in using data to make informed management decisions. Covers introductory probability, decision analysis, basic statistics, regression, simulation, and linear and nonlinear optimization. Computer spreadsheet exercises and examples drawn from marketing, finance, operations management, and other management functions. Restricted to Sloan Fellows.
Seminar focuses on the communication skills needed for a career in academia. Topics include writing for academic journals, preparing and delivering conference papers and job talks, peer reviewing for journals and conferences, and teaching. Participants are expected to work on a written project and deliver an oral presentation based on their current research. Restricted to doctoral students who have completed their first year. Your success as an academic will depend heavily on your ability to communicate to fellow researchers in your discipline, to colleagues in your department and university, to undergraduate and graduate students, and perhaps even to the public at large. Communicating well in an academic setting depends not only on following the basic rules that govern all good communication (for example, tailoring the message to meet the needs of a specific audience), but also on adhering to the particular norms of academic genres. The purpose of this course, then, is threefold. First, the course will acquaint you with guidelines that will help you create well-crafted academic communication. Second, it will give you the opportunity to practice your communication skills and to receive extensive feedback from your colleagues and from me. You will write and/or revise an article manuscript or conference paper, present a conference paper or job talk, write a manuscript peer review, and engage in various other communication exercises. The article and talk, which are the major assignments of the course, will be based on material from your own doctoral studies. Third, the course will provide an opportunity for you to learn about professional norms for a range of activities that surround the academic enterprise, including, for example, the scholarly publication process and the job search process.
Competition in Telecommunications provides an introduction to the economics, business strategies, and technology of telecommunications markets, including markets for wireless communications, local and long-distance services, and customer equipment. The convergence of computers, cable TV and telecommunications and the competitive emergence of the Internet are covered in depth. A number of speakers from leading companies in the industry will give course lectures.
This course aims to develop negotiation skills by active participation in a variety of negotiation settings, and a series of integrative bargaining cases between two and more than two parties over multiple issues. Ethical dilemmas in negotiation are discussed at various times throughout the course.
This course provides a basic overview of how competitive intelligence works, including analytical techniques and counter-intelligence. The course describes specific methods for conducting competitive intelligence. Course Level: Beginner to Intermediate - No background of the subject matter is required although a general business background is recommended. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with self-grading exam and certificate of completion.
This course provides more in-depth coverage on competitive intelligence with an emphasis on analytical models used by CI Professionals. The course also provides an overview of CI Systems and pulls all concepts together by presenting some short case studies. Course Level: Intermediate - You should complete Course 12 - Part 1 before taking this course. Recommended for 2.0 hours of CPE.
This course describes how traditional accounting and financial functions can create higher market values for an organization. Course content includes specific measures for creating and measuring value, such as Economic Value Added and Residual Cash Flow. Course Level: Intermediate to Advanced - This course deals with advanced topics in financial management and the user should have a good understanding of financial management prior to taking this course. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with audio clips, self-grading exam, and certificate of completion.
This course introduces managers and other professionals working in the nonprofit sector to Value Based Management. The course attempts to establish a common framework for how nonprofit's and non-governmental organizations can apply Value Based Management in such areas as Strategic Planning, Resource Development, Leadership, and Performance Measurement. Course Level: Intermediate - A good understanding of business concepts is useful for fully understanding this course. A review of other Short Courses is also recommended since this course covers topics that may be covered in greater deal in another short course. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with audio clips, self-grading exam, and certificate of completion.