Modeling for Learning Organizations - Hardcover

Morecroft, John D.W.; Sterman, John D.

Hardcover

ISBN 10: 1563272504 ISBN 13: 9781563272509

Publisher: Productivity Press, 2000

Synopsis

Conventional wisdom says that we can learn from our errors, but errors in the business world can be prohibitively costly. To truly understand how complex business organizations function requires different tools than most managers have been given. Yet managers need methods to understand how their organization works in order to test policies, discover flaws in thinking, and find the hidden leveragepoints within the complex systems they manage. Through a system simulation, the dynamics of the whole system, not just the individual parts, becomes apparent. The outcome of current and future situations becomes possible to predict and with this information, managers can focus on the changes that need to be made.

The distinguished contributors to Modeling for Learning Organizations include Jay W. Forrester, Peter Senge, and Arie De Geus. You will learn about leading applications such as:

• Shell's work on modeling the oil producers.
• The Management Flight Simulator, a computer-based case learning environment pioneered by John Sterman and others at MIT
• The landmark Claims Learning Laboratory at Hanover Insurancecompanies.

For managers, professionals, academicians, and everyone who recognizes the profound implications of modeling, this book is an excellent resource. It offers a broad understanding of the modeling process, discusses a multitude of case studies, and provides a review of the most recent simulation software.

About this title

Synopsis

Pilots get practice on flight simulators before they take on the responsibility of lives. Business managers are just sent out to manage, no feedback, no practice. Yet their impact on lives and organizations is enormous. This book allows you to predict the outcome of current and future situations on the whole system by testing different scenarios. The distinguished contributors to this book include Jay Forrester, the father of System Dynamics; Peter Senge, author of the bestseller 'The Fifth Discipline'; and Arie de Geus, who led Royal Dutch/Shell in the use of system dynamics modeling.

Edition details

• Publisher: Productivity Press
• Publication date: 2000
• ISBN 10: 1563272504
• ISBN 13: 9781563272509
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 432