This course lays the Rotman School foundation for a model-based approach to business problems. This foundation will be laid onto three footings: 1) Understanding the nature and role of models in management thinking; 2) A scientific approach to solving business problems; 3) Analyzing existing models to inform the problem-solving process.

The course will apply some principles from logic, cognitive science, behavioural decision making, and rational choice theory to develop a framework to improve understanding of the thought processes that underlie actions taken by leaders, and the feedback gained from the resulting outcomes that allow leaders to update and refine their thinking. This is a course about thinking.