Key Takeaways
Upon completion of this course, participants will:
- Master essential techniques and tools such as Causal Loop Diagrams, Stock and Flow Diagrams and Behaviour Over Time Graphs, enhancing their ability to resolve business challenges using Systems Thinking and System Dynamics.
- Evaluate resources and organisational capabilities from a dynamic perspective, recognising interdependent relationships and causal linkages, and apply system dynamics methodologies to real-world strategic and operational resource management scenarios.
- Implement practical simulation techniques in Excel with diverse industry applications.
Who Should Attend
This course is designed to accommodate a diverse audience who are new to systems concept and have or a little experience with systems modelling. These include:
- Mid-level decision makers in Business Development, Strategic Planning, Operations & Strategy analysts interested to learn systems modelling/ analytical approach
- Data scientists/analysts (who want to sharpen their strategic thinking & system concepts)
- Citizen data scientists or job roles responsible for improving external customer processes in product innovation, commercial, sales and marketing functions
What to Bring
No printed copies of course materials are issued.
Participants must bring their internet-enabled computing device (laptops, tablet etc) with power charger to access and download course materials.
If you are bringing a laptop, please see below for the tech specs:
|
|
Minimum
|
Recommended
|
|
Operating Systems
|
• Windows 7, 8, 10 or
• Mac OS
|
Laptop running the latest
version of either Windows or
Mac OS
|
|
System Type
|
32-bit
|
64-bit
|
|
Memory
|
8 GB RAM
|
16+ GB RAM
|
|
Hard Drive
|
256 GB disk size
|
|
|
Others
|
• An internet connection – broadband wired or wireless
• Installation permissions (non-company laptops)
• Keyboard
• Mouse/Trackpad
• Display
• Power adapter (laptop battery might run out) |
DirectX 10 graphics card for graphics hardware acceleration
|
Additional Software Requirements:
• Excel
What Will Be Covered
This course will cover:
- Introduction to Systems Thinking and System Dynamics: Fundamental principles and concepts.
- Practical Applications of Systems Thinking and System Dynamics: Techniques for enhancing business and operational planning, addressing scenarios such as customer dynamics, growth management, strategic investments and effective project management.
- Modelling and Simulation Techniques: Monte Carlo methods, and Discrete Event Simulation, specifically tailored for optimising inventory management and queuing processes.
- Dynamic Resource Management for Process Improvement: Decision Trees for Expected Monetary Value (EMV) analysis, and Learning Curve applications to drive continuous improvement.
Fees & Subsidies
Fees for 2024
| |
Full Fee |
Singaporeans & PRs
(self-sponsored) |
| Full course fee |
S$2700 |
S$2700 |
| ISS Subsidy |
- |
(S$270) |
| Nett course fee |
S$2700 |
S$2430 |
| 9% GST on nett course fee |
S$243 |
S$218.70 |
| Total nett course fee payable, including GST |
S$2943 |
S$2648.70 |
Note:
- All fees and subsidies are valid from January 2024, unless otherwise advised.
- All self-sponsored Singaporeans aged 25 and above can use their SkillsFuture Credit to pay for course fees. For more information about SkillsFuture Credit, click here.
- From 1st January 2024, the GST will be increased to 9%.
Certificate
Certificate of Completion
Participants have to meet a minimum attendance rate of 75% and are required to pass the assessment to be issued a Certificate of Completion.
Join Us
Register now to learn dynamic business planning & modelling skills to drive your organisation towards sustainable success
Preparing for Your Course
NUS-ISS Course Registration Terms and Conditions
Find out more.
NUS-ISS and Learner’s Commitment and Responsibilities
Find out more.
WIFI Access
WIFI access will be made available to participants.
Venue
NUS-ISS
25 Heng Mui Keng Terrace
Singapore 119615
Click HERE for directions to NUS-ISS
In the event of a change of venue, participants are advised to refer to the acceptance email sent one week prior to the commencement date.
Course Confirmation
All classes are subject to confirmation and NUS-ISS will send an acceptance email to participants one week prior to the commencement date. Confirmed registrants are to attend and complete all lectures, class exercises, workshops and assessments (where applicable). Additionally, all responses to feedbacks and surveys conducted by NUS-ISS and its partners must be submitted. All training and assessments will be delivered as described in the course webpage.
General Enquiry
Please feel free to write to ask-iss@nus.edu.sg if you have any enquiry or feedback.