The Management Decision Laboratory at New York University

Abstract

The New York University Management Decision Laboratory was originally intended as a computer- oriented business game. This situation has changed. It has evolved into a unique combination of organization processes, and business community relationships, with the computer acting as only one element. The simulation now reflects complex corporate issues and close working relationships with the surrounding business community. The environment has many parallels with the real world: an analytical framework; a need for intensive training; opportunities for innovation in the face of structure; and a dependence on critical interpersonal networks.