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Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM
by: John Sterman, John D. Sterman

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Binding: Hardcover
Dewey Decimal Number: 658.4038011
EAN: 9780072389159
ISBN: 007238915X
Label: McGraw-Hill/Irwin
Manufacturer: McGraw-Hill/Irwin
Number Of Items: 1
Number Of Pages: 1008
Publication Date: February 23, 2000
Publisher: McGraw-Hill/Irwin
Sales Rank: 180479
Studio: McGraw-Hill/Irwin

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Editorial Review:

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.

Customer Reviews

Average Rating: out of 5 stars

Rating:

- Modeling to understand dynamic complex systems
Complex systems are not intuitive. Sometimes they are even counter-intuitive. Dynamic system modeling can help our understanding of this challenging class (including the economy, government policies and human behavior, business management). This readable book makes a complex subject and a specific tool understandable (with a lot of work...).

Rating:

- A great book to work with, specially if you're starting off on your own
I am in the middle of using this book for work which I am doing as a part- time doctoral student. It's a clearly written, accessible and still scholarly introduction to System Dynamics. It's very comprehensive as well. I was surprised to find a good deal of content on one narrow area (the Bass Diffusion Model) which am working on. It's definitely a good book to get started and keep you going up to at least intermediate level. From a usability point of view, though, I really would have liked a lighter (=lesser weight) paperback edition which I could carry around.

Rating:

- One of the best reference books for Systems Thinking & modeling
One of the best reference books I've come across, for System Dynamics. The topics are covered with minimum of mathematical formalism (complemented by very intuitive explanation). Being foreign to this discipline, Parts 2 & 3 of this book help you get the gist of what this discipline is all about (causal loop diagrams, stocks & flows, positive and negative feedback loops). Part 3 is the most interesting/engaging part of the book for beginners to this subject area: dynamics of growth. You can jump to topics of interest without discontinuity: For those with technology management responsibility, Chapter 10.4 (Positive feedback and how it impacts corporate growth) is a must read.

I wish our high schools cover this discipline. I definitely go back to this book from time to time whenever I'm spending time thinking about process improvements, internal policy or strategy design. Glad I came across this ... Read More

Rating:

- great work
Este libro contiene información de vanguardia y vital en el desarrollo de las prácticas avanzadas de dirección por procesos. Cualquier ejecutivo que se considere experto en operaciones, deberá incluir este documento como base para sus trabajos.

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