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  • Courseware 
    15.024 Applied Economics for Managers | Sloan School of Management

    15.024 Applied Economics for Managers | Sloan School of Management

    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.

    Subjects:
    Management
    Keywords:
    Microeconomics
    Resource Type:
    Courseware
     
    OER
  • Courseware 
    15.875 Applications of System Dynamics

    15.875 Applications of System Dynamics

    15.875 is a project-based course that explores how organizations can use system dynamics to achieve important goals. In small groups, students learn modeling and consulting skills by working on a term-long project with real-life managers. A diverse set of businesses and organizations sponsor class projects, from start-ups to the Fortune 500. The course focuses on gaining practical insight from the system dynamics process, and appeals to people interested in system dynamics, consulting, or managerial policy-making.

    Subjects:
    Management
    Keywords:
    Business consultants Social psychology
    Resource Type:
    Courseware
     
    OER
  • Courseware 
    16.660J Introduction to Lean Six Sigma Methods (MIT)

    16.660J Introduction to Lean Six Sigma Methods (MIT)

    This course covers the fundamental principles, practices and tools of Lean Six Sigma methods that underlay modern organizational productivity approaches applied in aerospace, automotive, health care, and other sectors. It includes lectures, active learning exercises, a plant tour, talks by industry practitioners, and videos. One third of the course is devoted to a physical simulation of an aircraft manufacturing enterprise or a clinic to illustrate the power of Lean Six Sigma methods. The course is offered during the Independent Activities Period (IAP), which is a special 4-week term at MIT that runs from the first week of January until the end of the month.

    Subjects:
    Management
    Keywords:
    Industrial efficiency Lean manufacturing Six sigma (Quality control stard)
    Resource Type:
    Courseware
     
    OER
  • Open (Access) Journal-Article 
    A Lean Six Sigma framework to enhance the competitiveness in selected automotive component manufacturing organisations

    A Lean Six Sigma framework to enhance the competitiveness in selected automotive component manufacturing organisations

    This article investigates the integration of Lean and Six Sigma tools as a unified approach to continuous improvement and develops a Lean Six Sigma framework for selected automotive component manufacturing organisations in KwaZulu-Natal (KZN), South Africa.

    Subjects:
    Management and Business Information Technology
    Keywords:
    Production management Automobile supplies industry Six sigma (Quality control stard)
    Resource Type:
    Open (Access) Journal-Article
     
    OER
  • Courseware 
    Advanced Communication for Leaders

    Advanced Communication for Leaders

    This course introduces interactive oral and interpersonal communication skills critical to leaders, including strategies for presenting to a hostile audience, running effective and productive meetings, active listening, and contributing to group decision-making. There are team-run classes on chosen communication topics, and an individual analysis of leadership qualities and characteristics. Students deliver an oral presentation and an executive summary, both aimed at a business audience.

    Subjects:
    Communication
    Keywords:
    Interpersonal communication Business communication
    Resource Type:
    Courseware
     
  • Presentation 
    Analyzing Word Frequencies in Large Text Corpora using Inter-arrival Times and Bootstrapping

    Analyzing Word Frequencies in Large Text Corpora using Inter-arrival Times and Bootstrapping

    This video was recorded at European Conference on Machine Learning and Principles and Practice of Knowledge Discovery in Databases (ECML PKDD), Athens 2011. Comparing frequency counts over texts or corpora is an important task in many applications and scientific disciplines. Given a text corpus, we want to test a hypothesis, such as "word X is frequent", "word X has become more frequent over time", or "word X is more frequent in male than in female speech". For this purpose we need a null model of word frequencies. The commonly used bag-of-words model, which corresponds to a Bernoulli process with fixed parameter, does not account for any structure present in natural languages. Using this model for word frequencies results in large numbers of words being reported as unexpectedly frequent. We address how to take into account the inherent occurrence patterns of words in significance testing of word frequencies. Based on studies of words in two large corpora, we propose two methods for modeling word frequencies that both take into account the occurrence patterns of words and go beyond the bag-of-words assumption. The first method models word frequencies based on the spatial distribution of individual words in the language. The second method is based on bootstrapping and takes into account only word frequency at the text level. The proposed methods are compared to the current gold standard in a series of experiments on both corpora. We find that words obey different spatial patterns in the language, ranging from bursty to non-bursty/uniform, independent of their frequency, showing that the traditional approach leads to many false positives.

    Subjects:
    Management and Computing
    Keywords:
    Computational linguistics Text processing (Computer science) Discourse analysis -- Data processing
    Resource Type:
    Presentation
     
    OER
  • Courseware 
    Applied Macro- and International Economics II

    Applied Macro- and International Economics II

    This course seeks to establish understanding of the development processes of societies and economies by studying several dimensions of sustainability (environmental, social, political, institutional, economy, organizational, relational, and personal) and the balance among them. It explores the basics of governmental intervention, focusing on areas such as the judicial system, environment, social security, and health, and builds skills to determine what type of policy is most appropriate. We also consider implications of new technologies on the financial sector: Internationalization of currencies, mobile payment systems, and cryptocurrencies, and discuss the institutional framework to ensure choices are sustainable across all dimensions and applications.

    Subjects:
    Economics
    Keywords:
    Sustainability Electronic funds transfers Macroeconomics Internstional economic relations
    Resource Type:
    Courseware
     
  • Open (Access) Journal-Article 
    Applying DMAIC Methodology to Reduce Defects of Sewing Section in RMG: A Case Study

    Applying DMAIC Methodology to Reduce Defects of Sewing Section in RMG: A Case Study

    This work walks around the use of DMAIC methodology of six sigma to lessen the defect rate in sewing section of FCI (BD) LTD. Throughout five phases of DMAIC methodology, named Define, Measure, Analyze, Improve and Control, this approach minimizes defects analytically. In different phases, different types of six sigma tools were exercised.

    Subjects:
    Management and Business Information Technology
    Keywords:
    Clothing trade Production management Six sigma (Quality control stard)
    Resource Type:
    Open (Access) Journal-Article
     
    OER
  • Others 
    BIS Statistics

    BIS Statistics

    BIS statistics, compiled in cooperation with central banks and other national authorities, are designed to inform analysis of financial stability, international monetary spillovers and global liquidity.

    Subjects:
    Finance
    Keywords:
    International finance -- Statistics Banks banking International -- Statistical methods
    Resource Type:
    Others
     
  • Courseware 
    BUS202: Principles of Finance

    BUS202: Principles of Finance

    Principles of Finance will focus on what these managers, investors, and government agencies do with this information. It is an introductory course to various fields of finance and is comparable in content to courses that other institutions label as "corporate finance" or "financial management". Finance is a broad term; you will find that both managers that compile the financial reports we discussed in financial accounting and stockbrokers working on Wall Street will claim that they work in finance. So what exactly is finance? Finance is the science of fund management. It is distinct from accounting in that, whereas accounting aims at organizing and compiling past information, finance is geared towards deciding what to do with that information. In this course, you will be exposed to a number of different sub-fields within finance. You will learn how to determine which projects have the best potential payoff, to manage investments, and even to value stocks. In the end, you will discover that all finance boils down to one concept: return. In essence, finance asks: "If I give you money today, how much money will I get back in the future?". Though the answer to this question will vary widely from case to case, by the time you finish this course, you will know how to find the answer. You will learn how to use financial concepts such as the time value of money, pro forma financial statements, financial ratio analysis, capital budgeting analysis, capital structure, and the cost of capital. This course will also provide an introduction to bonds and stocks. Upon completion of this course, you will understand financial statements, cash flow, time value of money, stocks and bonds, capital budgeting, ratio analysis, and long term financing, and apply these concepts and skills in business decisions.

    Subjects:
    Finance
    Keywords:
    Business enterprises -- Finance Finance Corporations -- Finance
    Resource Type:
    Courseware
     
  • Courseware 
    BUS208: Principles of Management

    BUS208: Principles of Management

    Management is the organization and coordination of work to produce a desired result. A manager is a person who practices management by working with and through people in order to accomplish his or her organization's goals. When you think of the term manager, you may be imagining your supervisor as he or she hires and terminates employees and makes major decisions above your authority. However, although you may not view yourself in this way, you yourself may also be a manager. In fact, many of us practice management skills in the workplace every day. You may have a team of employees that you manage, or lead a project that requires management strategy, or demonstrate leadership qualities among your peers. These are all scenarios that require you to apply the principles of management. In this course, you will learn to recognize the characteristics of proper management by identifying what successful managers do and how they do it. Understanding how managers work is just as beneficial for the subordinate employee as it is for the manager. This course is designed to teach you the fundamentals of management as they are practiced today. This course will illustrate how management evolves as firms grow in size. It is based upon the idea that the essential purpose of a business is to produce products and services in order to meet the needs and wants of the marketplace. A manager marshals an organization's resources (its people, finances, facilities, and equipment) toward this fundamental goal. In this course, you will explore the tasks that today's managers perform and delve into the key knowledge areas that managers need to master in order to run successful and profitable businesses.

    Subjects:
    Management
    Keywords:
    Management
    Resource Type:
    Courseware
     
  • Courseware 
    BUS300: Operations Management

    BUS300: Operations Management

    We are all familiar with the science of operations management in some way, since we all have scarce resources and have to allocate those resources properly. Think about the process of preparing a meal: you have to gather all the proper ingredients and prepare them for cooking. Certain ingredients go in at certain times. Occasionally, you fall behind or get too far ahead, jeopardizing the entire meal. And, of course, if you find that you do not have enough ingredients, even more problems arise. All of these elements of meal preparation – purchasing ingredients, prepping the ingredients by dicing them up, mixing ingredients together, boiling or baking the dish, serving, and cleaning – can be seen as parts of operations management. In the realm of business, operations management is more complicated than preparing a family meal. There may be hundreds or thousands of participants rather than just you and your brother or wife or grandfather cooking in the kitchen. Each participant has a specific role in the operations process; if any step of the process is disrupted, the whole process can stall or fall apart. Smart operations managers will have contingency plans in the event that stoppages occur. In this course, you will learn the fundamentals of operations management as they apply to both production and service-based operations. Successful completion of this course will empower you to implement the concepts you have learned in your place of business. Even if you do not plan to work in operations, every department of every company has processes that must be completed; someone savvy with operations management will be able to improve just about any process.

    Subjects:
    Logistics
    Keywords:
    Production management
    Resource Type:
    Courseware
     
  • Courseware 
    Big Data Strategies to Transform Your Business

    Big Data Strategies to Transform Your Business

    While big data infiltrates all walks of life, most firms have not changed sufficiently to meet the challenges that come with it. In this course, you will learn how to develop a big data strategy, transform your business model and your organization. This course will enable professionals to take their organization and their own career to the next level, regardless of their background and position. Professionals will learn how to be in charge of big data instead of being subject to it. In particular, they will become familiar with tools to: - assess their current situation regarding potential big data-induced changes of a disruptive nature, - identify their options for successfully integrating big data in their strategy, business model and organization, or if not possible, how to exit quickly with as little loss as possible, and - strengthen their own position and that of their organization in our digitalized knowledge economy The course will build on the concepts of product life cycles, the business model canvas, organizational theory and digitalized management jobs (such as Chief Digital Officer or Chief Informatics Officer) to help you find the best way to deal with and benefit from big data induced changes. During the course, your most pressing questions will be answered in our feedback videos with the lecturer. In the assignments of the course, you will choose a sector and a stakeholder. For this, you will develop your own strategy and business model. This will help you identify the appropriate organizational structure and potential contributions and positions for yourself.

    Subjects:
    Management and Computing
    Keywords:
    Business -- Data processing Big data
    Resource Type:
    Courseware
     
  • e-book 
    Bloomsbury Open Access

    Bloomsbury Open Access

    Open access ebooks from Bloomsbury Collections

    Keywords:
    Social sciences Management Design Geography Business Linguistics Humanities Economics
    Resource Type:
    e-book
     
  • Courseware 
    Business Model Implementation

    Business Model Implementation

    Designing a new business model is one thing, but how do you actually put it into practice? How do you move from your current model to a new business model? In this business and management course, you will learn how to make a practical action plan to implement your new business model. You will create a business model roadmap that will include practical activities that take into consideration the possible risks associated with moving to a new business model. You will also learn about the practical factors that need to be taken into consideration during the transition process, i.e. the competency of your people and your IT, in order to successfully implement a new business model.

    Subjects:
    Management
    Keywords:
    Business planning Strategic planning Industrial management
    Resource Type:
    Courseware
     
  • Courseware 
    Business Model Metrics and Advanced Tools

    Business Model Metrics and Advanced Tools

    Do you want to enhance your business model by creating a clear focus or implement your new business model innovation into your IT? In this business and management course, we will discuss business model agility and how specific business model metrics will help you focus on the overall goals of our business. You will also learn about advanced tools to help support the bridge between business model thinking and IT implementation.

    Subjects:
    Management
    Keywords:
    Business planning Information technology -- Management Strategic planning Industrial management
    Resource Type:
    Courseware
     
  • Courseware 
    Business Model Testing

    Business Model Testing

    The world is changing rapidly and full of uncertainties. The future success of a business model depends on how well it is adapted to changing circumstances. Do you want to become aware of the relevant developments in technology, markets and society? And understand how this affects your business? This business and management course will teach you how to stress test your business model. You will learn how to identify the relevant trends and uncertainties and how they impact your business model. You will analyse the strong and weak parts of your business model and look for opportunities to make your business model more robust and future proof. You will learn through real-world examples from well-known companies and interact with fellow entrepreneurs. By the end of this course, you will be able to stress test your own business model to analyse its future success.

    Subjects:
    Management
    Keywords:
    Business planning Strategic planning Industrial management
    Resource Type:
    Courseware
     
  • Presentation 
    Business Process Mining and Formalization

    Business Process Mining and Formalization

    This video was recorded at COIN / ACTIVE Summer School on Advanced Technologies for Knowledge Intensive Networked Organizations, Aachen 2010. Part 1. Context Computing. Context is used as a term for packaging information for a particular need. A criterion for selecting or prioritization information from a broader pool of information could be called contextual model. Search can be contextual: http://searchpoint.ijs.si. The relevance of Context in computing seems to be growing. Many application areas see an opportunity in extending its value by introducing "context sensitivity". More details do to be found in ISWC2006 Tutorial on "context sensitivity": http://videolectures.net/iswc06_athens_ga/ Part 2. Text Mining & Light Weight Semantics. Videolectures discusses the following topics: - levels of text representations - modeling the data (Support Vector Machine) - classification into large taxonomies (DMoz) - visual & contextual search (Search Point) - multilingual search - news bias, news visualization - text enrichment (Enrycher) - knowledge based summarization - question answering (AnswerArt) - Cyc knowledge base and reasoning

    Subjects:
    Management and Computing
    Keywords:
    Data mining Information resources management Business -- Data Processing Management information systems
    Resource Type:
    Presentation
     
    OER
  • Presentation 
    COIN Baseline services and negotiation support

    COIN Baseline services and negotiation support

    This video was recorded at COIN / ACTIVE Summer School on Advanced Technologies for Knowledge Intensive Networked Organizations, Aachen 2010. Organized by COIN FP7 Integrated Project (http://www.coin-ip.eu/) and ACTIVE FP7 Integrated Project (http://www.active-project.eu), the summer school seeks to bring together students, scholars and researchers from industry in order to foster collaboration and interoperability through innovative software solutions and share the recent research developments from well-established researchers and educators. The main topics of the summer school are: Interoperability and collaboration models and solutions, Enterprise interoperability and collaboration services, Innovative knowledge and semantically powered technologies, Knowledge process and context modeling, Pro-active knowledge tools, Large scale analytics and reasoning tools, Business cases and real case studies. More about the event at http://coin-active-ss.ijs.si/

    Subjects:
    Management and Computing
    Keywords:
    Enterprise application integration (Computer systems) Internetworking (Telecommunication) Management information systems Information resources management
    Resource Type:
    Presentation
     
    OER
  • Presentation 
    COIN System Demos

    COIN System Demos

    This video was recorded at COIN / PlanetData Winter School on Knowledge Technologies for Complex Business Environments, Ljubljana 2011. Organized by COIN FP7 Integrated Project and PlanetData FP7 Network of Excellence, the school seeks to bring together students, scholars and researchers from industry in order to foster collaboration and interoperability with innovative services and project large-scale data management in business environments. The main topics of the winter school are: Interoperability and collaboration models and solutions, Enterprise interoperability and collaboration services, Innovative knowledge and semantically powered technologies, Knowledge process and context modelling, Pro-active knowledge tools, Large scale analytics and reasoning tools, Business cases and real case studies.

    Subjects:
    Management and Computing
    Keywords:
    Enterprise application integration (Computer systems) Internetworking (Telecommunication) Management information systems Information resources management
    Resource Type:
    Presentation
     
    OER