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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 (Hardcover)

by John Sterman (Author) "The greatest constant of modern times is change ..." (more)
4.7 out of 5 stars See all reviews (3 customer reviews)
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Business Dynamics: Systems Thinking and Modeling for  a Complex World with CD-ROM + Strategic Modelling and Business Dynamics: A Feedback Systems Approach + Seeing the Forest for the Trees: A Manager's Guide to Applying Systems Thinking
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Product details

  • Hardcover: 1008 pages
  • Publisher: McGraw-Hill Higher Education; Har/Cdr edition (1 Mar 2000)
  • Language English
  • ISBN-10: 007238915X
  • ISBN-13: 978-0072389159
  • Product Dimensions: 25.7 x 21.1 x 4.1 cm
  • Average Customer Review: 4.7 out of 5 stars See all reviews (3 customer reviews)
  • Amazon.co.uk Sales Rank: 196,178 in Books (See Bestsellers in Books)

    Popular in these categories:

    #4 in  Books > Science & Nature > Engineering & Technology > Production, Manufacturing & Operational > Computer Aided Manufacture > Operations Research
    #48 in  Books > Business, Finance & Law > Management > Operational Research
  • See Complete Table of Contents

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Product Description

Product 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.

From the Publisher
Incorporates a modeling approach: Modeling and models help students learn to visualize a business organization through structures and policies that create dynamics and regulate performance. Students gain a better understanding of how an organization's performance is related to its internal structure and operating policies'as well as to the operating policies of its customers, competitors, and suppliers.
Offers role-playing experiential exercises: The book offers diverse modes of learning, including role-playing exercises. This 'active learning' approach engages students, vitalizes the subject matter, and helps develop students' abilities to 'think on their feet.'
Utilizes case studies depicting real companies throughout: Case studies of successful design and implementation strategies are used to illustrate systems dynamics principles. This approach offers both realism and proof of the effectiveness of system dynamics principles when applied, in a practical fashion, to real business problems and situations.
Emphasizes the use and construction of simulation models and flight simulation exercises: Simulation models and flight simulators are used to develop principles of policy design. This permits both the exploration and the understanding of such complex issues as fluctuating sales, production and earnings, market growth and stagnation, the diffusion of new technologies, the use and reliability of forecasts, and the rationality of business decision-making. --This text refers to the Hardcover edition.

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Inside This Book (Learn More)
First Sentence
The greatest constant of modern times is change. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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What Do Customers Ultimately Buy After Viewing This Item?

Business Dynamics: Systems Thinking and Modeling for  a Complex World with CD-ROM
91% buy the item featured on this page:
Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM 4.7 out of 5 stars (3)
£92.64
Seeing the Forest for the Trees: A Manager's Guide to Applying Systems Thinking
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Seeing the Forest for the Trees: A Manager's Guide to Applying Systems Thinking 5.0 out of 5 stars (3)
£13.99
Strategic Modelling and Business Dynamics: A Feedback Systems Approach
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£36.09
Thinking in Systems: A Primer
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Customer Reviews

3 Reviews
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Average Customer Review
4.7 out of 5 stars (3 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most Helpful Customer Reviews

 
9 of 9 people found the following review helpful:
5.0 out of 5 stars A truly great book, 18 Jul 2002
I purchased this book while following a corporate course on Systems Dynamics. This is really one of the greatest textbooks I have ever had the chance to read. The wide possibilities of this modelisation technique are presented in a very progressive manner and with a lot of examples. The cases described in the book are worth the investment by themselves.

The first chapter should in itself be a must-read for any decent manager as it presents some fundamental concepts on the learning cycles and people's mental models (and why they block most change initiatives). These concepts are widely present in change management litterature but this is one of the most accurate and simple description of the process I have ever read.

Others sections of the book are also of tremendous value for anybody interested in process engineering, business change or strategy. The systems principles and some models described give an edge in understanding the key underlying causes to many business issues and how to deal with them in an adequate manner. (That is in most occasions not the most intuitive!)

In summary, this book is really a must and I hope it will become (as Kotler's Marketing Management in its own area) the 'Bible' of Systems Dynamics.

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8 of 8 people found the following review helpful:
4.0 out of 5 stars Very comprehensive book for students., 22 Jan 2002
By A Customer
I used this book for my class as business school. It is a great read for those serious about Systems Dynamics. very detailed discussion on methodologies...and the CD has some cool tools for building models. Overall, very nice buy.
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5 of 5 people found the following review helpful:
5.0 out of 5 stars Fantastic book to explain the hidden fabric of busines, 12 April 2000
I would like to congratulate John for an outstanding achievement. I think he has captured everything that is interesting, relevant as well as the necessary theory to apply System Dynamics in a wide range of areas. I think the CD attachment is a great idea and the challenges are very challenging! The book is equally useful to students, consultants and academics and captures the essence of all the previous SD literature that I have read so far. I will take great pleasure in reading the book in detail and recommending it to others.
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