Business Dynamics systems thinking and modeling for a complex world with CD ROM 1st edition by John Sterman, John Sterman ISBN ‎ 007238915X 978-0072389159

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ISBN 10: ‎ 007238915X
ISBN 13: 978-0072389159
Author:  John Sterman, John Sterman 

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 1st Table of contents:

• Introduction to Business Dynamics

  • What is Systems Thinking?
  • Introduction to System Dynamics
  • The Role of Modeling in Understanding Complex Systems

• System Dynamics: Core Concepts

  • Feedback Loops: Positive and Negative Feedback
  • Stocks and Flows
  • Causal Loop Diagrams
  • Dynamic Behavior in Systems

• Modeling Techniques

  • Introduction to System Dynamics Models
  • Building and Simulating Models
  • Model Validation and Testing
  • Software Tools for System Dynamics (with focus on CD-ROM resources)

• Dynamics of Business Systems

  • Understanding Business Structures Through Systems Thinking
  • Supply Chain Models
  • Inventory Management Models
  • Production and Operations Modeling

• Behavior Over Time

  • Time Delays and Their Impact on Business Decisions
  • Stock-and-Flow Models for Dynamic Analysis
  • Reinforcing and Balancing Loops in Business Systems

• Feedback and System Behavior

  • How Feedback Influences Business Outcomes
  • Nonlinearities and Complications in System Models
  • Managing Complex Dynamics in Organizations

• Applications in Business

  • Applications of System Dynamics in Strategic Planning
  • Modeling Growth and Decline in Businesses
  • Financial Systems and Modeling Economic Decisions

• Policy Design and Analysis

  • Policy Testing and Sensitivity Analysis
  • Using System Dynamics Models to Inform Business Strategy
  • Designing Feedback-Based Policies

• Case Studies and Real-World Examples

  • Case Study: Modeling Business Performance Over Time
  • Case Study: Feedback Effects in Market Systems
  • Example Models from Manufacturing and Service Industries

• Advanced Topics in System Dynamics

  • Multi-Stage and Multi-Level Systems
  • Modeling Social, Environmental, and Political Systems
  • Simulation and Optimization Techniques

• Conclusion

  • The Importance of Systems Thinking in Modern Business Management
  • Next Steps: Applying System Dynamics Models to Solve Real-World Problems

• Appendices

  • Additional Resources for Learning System Dynamics
  • Software Installation and Instructions (for CD-ROM)
  • Glossary of Terms and Key Concepts

• Index

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