Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM

Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM PDF Author: John Sterman
Publisher: McGraw-Hill Education
ISBN: 9780072389159
Category : Business & Economics
Languages : en
Pages : 982

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Book Description
Today’s leading authority on the subject of this text is the author, MIT Standish Professor of Management and Director of the System Dynamics Group, John D. Sterman. Sterman’s objective is to explain, in a true textbook format, what system dynamics is, and how it can be successfully applied to solve business and organizational problems. System dynamics is both a currently utilized approach to organizational problem solving at the professional level, and a field of study in business, engineering, and social and physical sciences.

Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM

Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM PDF Author: John Sterman
Publisher: McGraw-Hill Education
ISBN: 9780072389159
Category : Business & Economics
Languages : en
Pages : 982

Get Book Here

Book Description
Today’s leading authority on the subject of this text is the author, MIT Standish Professor of Management and Director of the System Dynamics Group, John D. Sterman. Sterman’s objective is to explain, in a true textbook format, what system dynamics is, and how it can be successfully applied to solve business and organizational problems. System dynamics is both a currently utilized approach to organizational problem solving at the professional level, and a field of study in business, engineering, and social and physical sciences.

Strategic Modelling and Business Dynamics

Strategic Modelling and Business Dynamics PDF Author: John D. W. Morecroft
Publisher: John Wiley & Sons
ISBN: 1118994817
Category : Business & Economics
Languages : en
Pages : 507

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Book Description
Insightful modelling of dynamic systems for better business strategy The business environment is constantly changing and organisations need the ability to rehearse alternative futures. By mimicking the interlocking operations of firms and industries, modelling serves as a ‘dry run’ for testing ideas, anticipating consequences, avoiding strategic pitfalls and improving future performance. Strategic Modelling and Business Dynamics is an essential guide to credible models; helping you to understand modelling as a creative process for distilling and communicating those factors that drive business success and sustainability. Written by an internationally regarded authority, the book covers all stages of model building, from conceptual to analytical. The book demonstrates a range of in-depth practical examples that vividly illustrate important or puzzling dynamics in firm operations, strategy, public policy, and everyday life. This updated new edition also offers a rich Learners' website with models, articles and videos, as well as a separate Instructors' website resource, with lecture slides and other course materials (see Related Websites/Extra section below). Together the book and websites deliver a powerful package of blended learning materials that: Introduce the system dynamics approach of modelling strategic problems in business and society Include industry examples and public sector applications with interactive simulators and contemporary visual modelling software Provide the latest state-of-the-art thinking, concepts and techniques for systems modelling The comprehensive Learners' website features models, microworlds, journal articles and videos. Easy-to-use simulators enable readers to experience dynamic complexity in business and society. Like would-be CEOs, readers can re-design operations and then re-simulate in the quest for well-coordinated strategy and better performance. The simulators include a baffling hotel shower, a start-up low-cost airline, an international radio broadcaster, a diversifying tyre maker, commercial fisheries and the global oil industry. "Much more than an introduction, John Morecroft’s Strategic Modelling and Business Dynamics uses interactive ‘mini-simulators and microworlds’ to create an engaging and effective learning environment in which readers, whatever their background, can develop their intuition about complex dynamic systems." John Sterman, Jay W. Forrester Professor of Management, MIT Sloan School of Management "Illustrated by examples from everyday life, business and policy, John Morecroft expertly demonstrates how systems thinking aided by system dynamics can improve our understanding of the world around us." Stewart Robinson, Associate Dean Research, President of the Operational Research Society, Professor of Management Science, School of Business and Economics, Loughborough University

System Dynamics

System Dynamics PDF Author: Juan Martín García
Publisher:
ISBN:
Category :
Languages : en
Pages : 333

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Book Description
This book allows the reader to acquire step-by-step in a time-efficient and uncomplicated the knowledge in the formation and construction of dynamic models using Vensim. Many times, the models are performed with minimal current data and very few historical data, the simulation models that the student will design in this course accommodate these analyses, with the construction of realistic hypotheses and elaborate behavior models. That's done with the help of software Vensim that helps the construction of the models as well as performing model simulations. At the end of the book, the reader is able to: - Describe the components of a complex system. - Diagnose the natural evolution of the system under analysis. - Create a model of the system and present it using the simulation software. - Carry out simulations with the model, in order to predict the behavior of the system. Content Environmental Area 1. Population Growth 2. Ecology of a Natural Reserve 3. Effects of the Intensive Farming 4. The Fishery of Shrimp 5. Rabbits and Foxes 6. A Study of Hogs 7. Ingestion of Toxins 8. The Barays of Angkor 9. The Golden Number Management Area 10. Production and Inventory 11. CO2 Emissions 12. How to Work More and Better 13. Faults 14. Project Dynamics 15. Innovatory Companies 16. Quality Control 17. The impact of a Business Plan Social Area 18. Filling a Glass 19. A Catastrophe Study 20. The Young Ambitious Worker 21. Development of an Epidemic 22. The Dynamics of Two Clocks Mechanical Area 23. The Tank 24. Study of the Oscillatory Movements 25. Design of a Chemical Reactor 26. The Butterfly Effect 27. The Mysterious Lamp Advanced Exercises (Vensim PLE PLUS) 28. Import data from an Excel file 29. Building Games and Learning Labs 30. Interactive models 31. Input Output Controls 32. Sensitivity Analysis Annex I. Guide to creating a model II. Functions, Tables and Delays III. Frequently Asked Questions FAQs IV. Download the models of this book The author Juan Martín García is teacher and a worldwide recognized expert in System Dynamics, with more than twenty years of experience in this field. Ph.D. Industrial Engineer (Spain) and Postgraduated Diploma in Business Dynamics at Massachusetts Institute of Technology MIT (USA). He teaches Vensim online courses in http://vensim.com/vensim-online-courses/ based on System Dynamics.

Business Cycle Dynamics

Business Cycle Dynamics PDF Author: Iryna Sushko
Publisher: Springer Science & Business Media
ISBN: 3540321683
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
Business cycle theory has been one of the fastest growing fields in modern nonlinear economic dynamics. This book presents new mathematical methods for global analysis which have not previously been available in this easily accessible form. In addition it contains a presentation of full analyses of several models left open in the 1950s when the tools then available did not permit more systematic analysis.

Common mistakes in System Dynamics

Common mistakes in System Dynamics PDF Author: Juan Martin Garcia
Publisher: Juan Martín García
ISBN: 1791578780
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
Creating a simulation model with System Dynamics is not easy, there is the risk of making serious mistakes that force the model to remain unfinished after having dedicated days of work. There are books and courses which show the steps to be taken in the process of creating a simulation model, but it is observed that some errors are repeated frequently. This book offers a different approach, instead of explaining how to create a simulation model, it shows the mistakes that are usually made. The book is designed for students who are looking for a quick manual to identify the most common mistakes made when creating simulation models by applying System Dynamics, to correct them before presenting their research or work. The experts will find in this book a list of points to check before making a presentation to their clients. The content of the book allows the reader to identify the errors described and take them into account before submitting or publishing a work. AN ESSENTIAL BOOK Content Causal Loop Diagram CLD 7 1. Guidelines 2. Definition of the elements 3. Loops and causal chains 4. Variable that depends on many other variables 5. Variables in a positive sense 6. Variables that do not influence anything 7. Variables with signs 8. Confusing diagrams Stocks and Flows Diagram SFD 25 9. Guidelines 10. One variable only once 11. Coherence of flows and their stocks 12. Flow concept 13. Stocks without flows, flows without stocks 14. Stocks only depend on flows 15. Arrows with signs 16. Uppercase for everything 17. Clouds that depend on variables 18. Two tables together 19. It depends, but it is constant 20. Obvious mistakes 21. Flows between two clouds 22. Impossible results Key points to review 55

Theory and Practical Exercises of System Dynamics

Theory and Practical Exercises of System Dynamics PDF Author: Juan Martín García
Publisher: Juan Martín García
ISBN: 8460998045
Category : Business & Economics
Languages : en
Pages : 291

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Book Description
This book is a guide that shows step by step the process of building simulation models using System Dynamics. It is written in a clear and comprehensible style that illustrates the model construction process. This book will be a useful resource to students, scholars, researchers, and teachers.

Strategic Management Dynamics

Strategic Management Dynamics PDF Author: Kim Warren
Publisher: John Wiley & Sons
ISBN: 0470060670
Category : Business & Economics
Languages : en
Pages : 719

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Book Description
Kim Warren presents a complete framework in the field of Strategic Management. The book combines theory with clearly illustrated examples to examine the concept of financial performance and the tools that can be used to improve it.

Community Based System Dynamics

Community Based System Dynamics PDF Author: Peter S. Hovmand
Publisher: Springer Science & Business Media
ISBN: 1461487633
Category : Psychology
Languages : en
Pages : 117

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Book Description
Community Based System Dynamics introduces researchers and practitioners to the design and application of participatory systems modeling with diverse communities. The book bridges community- based participatory research methods and rigorous computational modeling approaches to understanding communities as complex systems. It emphasizes the importance of community involvement both to understand the underlying system and to aid in implementation. Comprehensive in its scope, the volume includes topics that span the entire process of participatory systems modeling, from the initial engagement and conceptualization of community issues to model building, analysis, and project evaluation. Community Based System Dynamics is a highly valuable resource for anyone interested in helping to advance social justice using system dynamics, community involvement, and group model building, and helping to make communities a better place.

System Dynamics

System Dynamics PDF Author: Bilash Kanti Bala
Publisher: Springer
ISBN: 9811020450
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
This book covers the broad spectrum of system dynamics methodologies for the modelling and simulation of complex systems: systems thinking, causal diagrams, systems structure of stock and flow diagrams, parameter estimation and tests for confidence building in system dynamics models. It includes a comprehensive review of model validation and policy design and provides a practical presentation of system dynamics modelling. It also offers numerous worked-out examples and case studies in diverse fields using STELLA and VENSIM. The system dynamics methodologies presented here can be applied to nearly all areas of research and planning, and the simulations provided make the complicated issues more easily understandable. System Dynamics: Modelling and Simulation is an essential system dynamics and systems engineering textbook for undergraduate and graduate courses. It also offers an excellent reference guide for managers in industry and policy planners who wish to use modelling and simulation to manage complex systems more effectively, as well as researchers in the fields of modelling and simulation-based systems thinking.

Models of Science Dynamics

Models of Science Dynamics PDF Author: Andrea Scharnhorst
Publisher: Springer Science & Business Media
ISBN: 3642230687
Category : Social Science
Languages : en
Pages : 292

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Book Description
Models of Science Dynamics aims to capture the structure and evolution of science, the emerging arena in which scholars, science and the communication of science become themselves the basic objects of research. In order to capture the essence of phenomena as diverse as the structure of co-authorship networks or the evolution of citation diffusion patterns, such models can be represented by conceptual models based on historical and ethnographic observations, mathematical descriptions of measurable phenomena, or computational algorithms. Despite its evident importance, the mathematical modeling of science still lacks a unifying framework and a comprehensive study of the topic. This volume fills this gap, reviewing and describing major threads in the mathematical modeling of science dynamics for a wider academic and professional audience. The model classes presented cover stochastic and statistical models, system-dynamics approaches, agent-based simulations, population-dynamics models, and complex-network models. The book comprises an introduction and a foundational chapter that defines and operationalizes terminology used in the study of science, as well as a review chapter that discusses the history of mathematical approaches to modeling science from an algorithmic-historiography perspective. It concludes with a survey of remaining challenges for future science models and their relevance for science and science policy.