Teaching the Use of Systems Dynamics for Strategic Decision Making in Healthcare

Daniel B. McLaughlin () and John R. Olson ()
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Daniel B. McLaughlin: Center for Innovation in the Business of Healthcare, Opus College of Business, University of St. Thomas, St. Paul, Minnesota 55105
John R. Olson: Center for Innovation in the Business of Healthcare, Opus College of Business, University of St. Thomas, St. Paul, Minnesota 55105

INFORMS Transactions on Education, 2017, vol. 17, issue 3, 99-106

Abstract: Having worked in the healthcare system and taught healthcare MBAs for over a decade, we have observed that healthcare systems and departments operate in independent silos. This paper shows how to use systems dynamics as a method to help students examine the big picture of how components fit together to form a system. We demonstrate the application of this approach and provide an example from one of our healthcare professional graduate student teams.

Keywords: systems dynamics; health care; excel modeling (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orited:v:17:y:2017:i:3:p:99-106

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