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Explore Options; Plan Your MBA Academic Program

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and the task of achieving excellence in them requires specialized<br />

analysis frameworks and tools. This course covers a mix<br />

of qualitative and quantitative models that provide the necessary<br />

tools. The class will focus on simple models that should<br />

help you to better understand both the difficulty of managing<br />

and the underlying economics of the service operations being<br />

considered. You will have the opportunity to apply these course<br />

tools in a group service assessment field project.<br />

Prerequisites: Courses in operations management, linear<br />

programming, probability and statistics<br />

OPIM 660 / ESE 508<br />

Information Systems for Managers<br />

Description: The advances achieved in information technologies<br />

and systems (IT&S) — primarily computing and communications<br />

systems — have been, and will continue to be<br />

extraordinary. Consequently, the scope and practical import of<br />

IT&S can hardly be overestimated. “Management Information<br />

Systems (MIS) is the practice of using computer and communication<br />

systems to solve problems in organizations. This<br />

course is designed to provide the essential skills and technology-based<br />

insights needed in order to manage effective problem<br />

solving with information technologies and systems (IT&S),<br />

and to extract the most value from an actual or potential information<br />

system.”<br />

The course is organized around several “hands on” cases or<br />

projects, through which students teams become familiar with<br />

important information technologies, including databases and<br />

the Internet.<br />

Students completing this course will have mastered a basic<br />

understanding of information technology, the fundamentals<br />

of the use of information technology in business, and essential<br />

information technology survival skills.<br />

OPIM 662<br />

Enabling Technologies<br />

Description: This course is about understanding emerging<br />

technology enablers with a goal of stimulating thinking on new<br />

applications for commerce. No prerequisite or technical background<br />

is assumed. The class is self-contained (mainly lecturebased)<br />

and will culminate in a class-driven identification of<br />

novel businesses that exploit these enablers.<br />

No prerequisite or technical background is assumed.<br />

Students with little prior technical background can use the<br />

course to become more technologically informed. Those with<br />

moderate to advanced technical background may find the<br />

course a useful survey of emerging technologies. The course is<br />

recommended for students interested in careers in consulting,<br />

investement banking and venture capital in the tech sector.<br />

Format: Lectures, discussions, assignments, and class<br />

participation.<br />

OPERATIONS AND INFORMATION MANAGEMENT<br />

OPIM 665 (.5 cu)<br />

Operations Management in Health Care<br />

Description: In an era where health care systems around the<br />

world face rapidly rising costs and quality issues, organizations<br />

large and small are looking into the operational side of health<br />

care for solutions. Likewise, the abundance of unfulfilled needs<br />

in the health care marketplace has led to an array of technology<br />

ventures with innovative new products and services. In<br />

this course, we apply the tools of operations management to<br />

analyze the health care value chain. The course consists of four<br />

modules: (1) the management of productivity, quality, and<br />

variability by care providers; (2) capacity and investment decisions<br />

under uncertainty confronting pharmaceuticals; (3) the<br />

design of health insurance by health plans and the determination<br />

of health benefits by employers; and (4) business ideas and<br />

operations models from the intersection of academic research<br />

and technology ventures. Students will learn from case discussions,<br />

hands-on decision tools, and several distinguished speakers<br />

and alumni from Stanford Hospital & Clinics, Merck, U.S.<br />

Naval Academy, and Deloitte Consulting. No prior exposure<br />

to the health care industry is assumed. The course prepares students<br />

for several career paths including consulting, operations<br />

management, and health care administration and is open to<br />

both first- and second-year <strong>MBA</strong> students.<br />

Prerequisites: OPIM 611.<br />

OPIM 666 (.5 cu)<br />

Information: Industry Structure<br />

and Competitive Strategy<br />

Description: This course is in the tradition of Operations<br />

courses as exercises in the systematic understanding of complex<br />

systems, rather than in the tools and techniques for understanding<br />

aspects of those systems. It draws upon the most recent<br />

experience in the impact of information technology upon<br />

diverse industries, ranging from securities trading to consumer<br />

packaged goods retailing. It integrates that experience with relevant<br />

theory to develop an approach to information-based<br />

strategies generally, including resurgent interest in strategies for<br />

Commerce. It is not a tools and techniques course; likewise it<br />

is not a technology or an implementation course. It provides a<br />

focused and modern complement to strategic planning.<br />

The increase in consumer informedness is changing consumer<br />

behavior in a wide range of situations. Customers find the least<br />

expensive alternative in categories of little importance to them,<br />

while finding the perfect match with their wants and needs,<br />

cravings and longings, in categories they find salient. Online<br />

trust is a strong determinant of shopping behavior and will<br />

continue to be. Likewise, the increase in information available<br />

to firms, and the increasing variety of strategies available for<br />

the use of information — from dynamic repricing to online<br />

distribution, from labor productivity enhancements to labor<br />

arbitrage and outsourcing — requires a dramatic revision of<br />

managerial mental models of their competitive options.<br />

Revising mental models and enhancing mental agility are<br />

both essential to executive leadership, rather that mere conservation<br />

and management, in today’s environment of rapid and<br />

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