Group items tagged

PUBLISHED ON: Proceedings of the 22nd International System Dynamics Conference (ISDC) YEAR: 2004 ISBN: 0-9745329-0-8 AUTHOR/s: Armenia, Onori et al.- REFERENCE PEOPLE/ORGANISATION: Armenia, Onori USED TOOL: POWERSIM DESCRIPTION: The implementation of specific management control/decision support systems, based on System Dynamics models, allow first for a better learning of the environmental dynamics which influence the economic behavior of the firm, and second, for a deep understanding of the results of the decisional policies which the Chemist himself, together with his collaborating staff, may choose among a plethora of strategic choices. By ignoring that "structure influences behavior", all the actions, even the ones deemed most brilliant, may have a very different result if the very nature of the environment is not clear. A system dynamics approach has helped identifying those modeling and conflict resolution policies which may help in conducting a group model building session, towards the sharing of a common mental model and the collegiality of decisions which, in the long run, may bring economic success to the Chemist's business.