Edward Anderson - The University of Texas at Austin, McCombs School of Business. Austin, TX, US
The University of Texas at Austin, McCombs School of Business

Edward Anderson Edward Anderson

Professor, Department of Information, Risk, and Operations Management | The University of Texas at Austin, McCombs School of Business

Austin, TX, US
Operations management and system dynamics in the automotive, videogame, and healthcare industries

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Areas of Expertise (13)

System Dynamics Project Managemenmt Electronic Business (Ebusiness) Automobile Industry Dynamic Programming Innovation Management Knowledge Management Video Game Industry Operations Management Supply Chain Management Healthcare Management New Product Development Computer Simulations

Industry Expertise (5)

  • Automotive
  • Electrical/Electronic Manufacturing
  • Outsourcing/Offshoring
  • Electrical Engineering
  • Management Consulting

Biography

Edward Anderson is a professor in the Department of Information, Risk, & Operations Management and the director of the McCombs Healthcare Initiative at the McCombs School of Business, The University of Texas at Austin. He teaches operations management, project management, and launch planning for startups.

Dr. Anderson is the co-author of two books: The Innovation Butterfly: Managing Emergent Opportunities and Disruptions Under Distributed Innovation, as well as Operations Management for Dummies. He has authored 20+ articles for research journals in Management Science, Production and Operations Management, and The System Dynamics Review.

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Education (2)

Massachusetts Institute of Technology: Ph.D. in Management , Operations Management/System Dynamics 1997

Dissertation Title: Managing the effects of Business Cycles on Capital Supplier Productivity and Technological Capability

Stanford University: Bachelor of Arts and Sciences , Electrical Engineering, History 1988

Media Appearances (10)

2016 Best MBAs: Jennifer Thomas, University of Texas

Poets & Quants  online

2016-05-05

Finally, in my personal conversations with Ms. Thomas, she is always thoughtful and articulate, without the overbearing or arrogant nature commonplace among people of her capabilities. Frankly, I learn something every time I speak with her, which is something I can say of very few students.” — Edward G. Anderson Jr., Professor, Information, Risk, & Operations Management, Director, McCombs Healthcare Initiative, President, Production and Operations Management Society

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Taking Healthcare into the Wild

McCombs Today   online

2015-05-27

Can techniques for building better cars help to create better hospitals? Health care Initiative director Edward Anderson, who has worked on process improvement in the auto industry, looked at how to apply Toyota's celebrated "lean manufacturing" system to health care. His conclusion: It can help with processes like patient intake, but it's less suited for treatment or rehabilitation of individual patients. "Health care is more like artisanal or craft production than mass production," said Anderson.

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Startups: Follow Your Business Plan Before Following Advice

Texas Enterprise | Big Ideas in Business   online

2015-03-13

Startups integrating with emerging technologies face two high-risk options: invest heavily in one complementary technology and hope they guessed correctly, or split R&D across multiple technologies and risk diluting their resources and losing ground to competitors. Professor Edward Anderson, who teaches in the McCombs Master of Science in Technology and Science Commercialization program, realized his students were being exposed to this contradictory advice. “If you look at the startup literature, it says focus. If you look at the product design literature, it says spread your bets,” he explains. “The problem is that the product design literature was written for mature firms with deep pockets, which startups never have.”

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Managing the Innovation Butterfly

Innovation Excellence   online

2014-07-16

About 40 years later, a pair of strategy wonks on duty at the McCombs School of Business developed a theory that sheds new light on the butterfly effect’s implications for business. McCombs Management Professor Edward Anderson and then-visiting professor Nitin Joglekar were deep into “a five-year conversation” on how companies trying to innovate can strike a path that rapidly diverges from the original route because of unpredictable, small changes.

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How to Manage the Innovation Butterfly

Texas Enterprise | Big Ideas in Business   online

2014-07-02

About 40 years later, a pair of strategy wonks on duty at the McCombs School of Business developed a theory that sheds new light on the butterfly effect’s implications for business. McCombs Management Professor Edward Anderson and then-visiting professor Nitin Joglekar were deep into "a five-year conversation" on how companies trying to innovate can strike a path that rapidly diverges from the original route because of unpredictable, small changes.

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Healthcare Industry Prepares for Obamacare

Texas Enterprise | Big Ideas in Business   online

2013-05-10

Computer simulations can help forecast the spread of disease-resistant superbugs, predict the performance of hospital staff teams, and prepare for workforce shortages of nurses and primary care physicians. But designing these simulations is not an exact science, says McCombs Associate Professor Edward Anderson. “It's a hint that you've built a good model if the result surprises you in some way, and if, after you think about it, the surprise makes sense.”

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Recommended Reading - Spring 2013

McCombs Today   online

2013-04-10

Edward Anderson, associate professor of operations management, added Innovation Butterfly: Managing Emergent Opportunities and Risks During Distributed Innovation (Understanding Complex Systems) to his collection of more than 25 published works. The book, coauthored by Boston University professor Nitin Joglekar, discusses the causes of minor, unforeseen changes called “innovation butterflies,” within a management system and the necessary but difficult task of controlling their effect.

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McCombs Rises to No. 8 in Graduate Entrepreneurship Ranking

McCombs Today   online

2011-09-19

Entrepreneurship bridges all business disciplines at McCombs. Associate Professor Edward Anderson helped finance senior Kelley Rytlewski transition her learning to a real-world venture. “He is the professor of an operations management class, and he is great at agile development,” she says. “He gave me blogs and books to read and even helped me with my spreadsheets. He showed me that professors are excited to see us applying what they’ve taught us in the classroom.”

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Borrowed Sugar Lends a Lifeline for Living Local

McCombs Today  online

2011-07-28

Finance senior and Product Manager Kelley Rytlewski took on a product management role in the spring and sought out Associate Professor Edward Anderson of McCombs for guidance. “He is the professor of an operations management class, and he is great at agile development,” she says. “He gave me blogs and books to read and even helped me with my spreadsheets. He showed me that professors are excited to see us applying what they’ve taught us in the classroom.”

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Too Complex Not to Fail: UT Professors Analyze the Gulf Oil Spill

Texas Enterprise | Big Ideas in Business  online

2010-06-23

Patzek’s conclusions are confirmed by Dr. Edward Anderson, a professor and specialist in systems dynamics modeling at the McCombs School. “In a complex system a small disturbance or misstep can have huge, game-changing consequences,” he says. Anderson refers to the classic example stated by Prof. Edward Lorenz, a climatologist at the Massachusetts Institute of Technology, who postulated that “the flap of a butterfly’s wings in Brazil [can] set off a tornado in Texas.” This is the source of the term “butterfly effect,” which has since seeped into popular culture.

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Event Appearances (5)

Platform Investment in 3rd Party Content Development

Institute for Operations Research and Management Science Conference  San Francisco, CA

2014-11-01

Implementing Lean Operations in Healthcare: A Cautionary Tale

Industry Studies Annual Conference  Portland, OR

2013-05-01

Towards a Theory of Serial Insurgencies

International System Dynamics Conference  Cambridge, MA

2013-01-01

On Innovation Analytics and the Innovation Butterfly

Industry Studies Association Conference  Pittsburgh, PA

2012-06-01

New Business Models to Enable Clean and Renewable Generation in the Electric Power Industry

Production and Operations Management Conference   Vancouver, Canada

2010-05-01

Patents (3)

U.S. Patent

5,268,644

1993-12-07

Fault detection and isolation in automotive wiring harness by time-domain reflectometry

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U.S. Patent

5,264,796

1993-11-23

Fault detection and isolation in automotive wiring harness including dedicated test line

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U.S. Patent

5,066,919

1991-11-19

Fault detection and isolation in automotive wiring harness by network analysis method

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Articles (8)

Edward Anderson Citations
Google Scholar

2015-01-01

Listing of top scholarly works by Edward Anderson.

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Integration of Global Knowledge Networks
Production and Operations Management

2013-11-25

This article surveys the literature and develops a framework for research into the integration of distributed knowledge work (DKW).

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A Dynamic Model of Individual and Group Learning Amid Disruption
Organization Science

2013-10-10

Using the methodology of system dynamics, we model the effects of disruptive events on learning and productivity in organizations.

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Platform Feature Investment in the Presence of 3rd Party Developer and Consumer Externalities
Information Systems Research

2013-09-21

Managers of emerging platforms must decide what level of platform performance to invest in at each product development cycle in markets that exhibit two-sided network externalities.

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Accuracy of Data in Distributed Project Settings: Model, Analysis and Implications
ACM Journal of Data and Information Quality

2013-05-01

We examine the management of data accuracy in inter-organizational data exchanges using the context of distributed software projects.

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Integration and Cospecialization of Emerging Complementary Technologies by Startups
Production and Operations Management

2012-05-25

We analyze the market entry problem faced by startups that must integrate their service or product with one or more complementary technologies.

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Putting It Together: How to Succeed in Distributed Product Development
Sloan Management Review

2010-12-21

Companies have traditionally been protective of the innovation activities they use in product and process development, seeing the activities as part of their crown jewels. That thinking, however, is starting to change.

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Evaluating System Dynamics Models of Risky Projects Using Decision Trees
System Dynamics Review

2010-02-22

Most downloaded System Dynamics Review article of 2010 at 1400+ downloads.

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