Using System Dynamics to Support Startups, Stimulate the Economy, and Create More Jobs

 

MIT SDM Systems Thinking Webinar SeriesFady Saad, SDM '11

Fady Saad, SDM ’11
Co-founder, ePowerhouse
R&D Financing Director, Vecna

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Date: November 18, 2013

About the Presentation

Startups have the potential to stimulate the economy and create employment opportunities, but their failure rate is high. How can we help them succeed?

In this webinar, Fady Saad, SDM ’11,cofounder and CEO of ePowerhouse, will present a systems-based approach to cultivating the key activities necessary for sustained startup success:

  • growing financially;
  • continuously fulfilling stakeholder needs and aspirations; and
  • adapting to the specific conditions of the company’s evolving ecosystem.

Using a system dynamics model he developed himself, Saad will then describe a holistic, system-driven conceptualization of a startup and its internal dynamics—including human resources, product development, customers, and finances—followed by a discussion of the high-leverage points in the ecosystem.

A question-and-answer period will follow the main presentation. We invite you to join us!

About the Speaker

Fady Saad, SDM ’11, is cofounder of ePowerhouse, which provides a cloud-based platform to help startups grow. He is the strategist behind the company’s business model, go-to-market strategy, and customer acquisition efforts. He is also the financing director for research and development at Vecna, a healthcare research lab.

While at MIT SDM, Saad’s research focused on designing and modeling startups as adaptive complex systems and on understanding the effects of entrepreneurship ecosystems on startups’ viability. Previously, Saad worked at Nokia Siemens Networks in the Middle East, North America, and Europe, where he led and managed multimillion-euro acquisitions and bids. In his prior work at Siemens, he led the merger between Siemens Com and Nokia Networks in Egypt involving more than 700 employees.

Saad recently consulted to the World Bank and its International Finance Corporation on issues related to implementing industrial and entrepreneurship policies in developing countries. He has been heavily involved with the startup and investment ecosystem in Boston and is a frequent speaker, panelist, and mentor in the field of entrepreneurship. His academic background includes complex systems, management, industrial engineering, and design.

About the Series

The MIT System Design and Management Program Systems Thinking Webinar Series features research conducted by SDM faculty, alumni, students, and industry partners. The series is designed to disseminate information on how to employ systems thinking to address engineering, management, and socio-political components of complex challenges.