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Jay W. Forrester (1918 - 2016) was a pioneering American computer engineer and systems scientist. He was a professor at MIT and later at MIT Sloan School of Management. Forrester is credited with being one of the inventors of magnetic core memory, the creator of the first computer animation, and the father of the field of System Dynamics - a computer-aided approach for strategy and policy design. In Principles of Systems, Professor Forrester explains the basic principles behind system behavior. He introduces the concepts of structure and dynamic behavior that were first introduced in his prior books, Industrial Dynamics (1961) and Urban Dynamics (1971). Due to the general nature and wide app...
2013 Reprint of 1961 First Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. This work has been cited as one of the most seminal works of the era. Forrester outlines industrial dynamics as an experimental, quantitative philosophy for designing corporate structure and policies that are compatible with an organization's growth and stability objectives. Forrester believes that management systems possess an orderly and identifiable framework that determines the character of industrial and economic behavior. In this volume, he presents for the first time a methodology for detecting and exhibiting this structure for study.
“The Limits to Growth” (Meadows, 1972) generated unprecedented controversy with its predictions of the eventual collapse of the world's economies. First hailed as a great advance in science, “The Limits to Growth” was subsequently rejected and demonized. However, with many national economies now at risk and global peak oil apparently a reality, the methods, scenarios, and predictions of “The Limits to Growth” are in great need of reappraisal. In The Limits to Growth Revisited, Ugo Bardi examines both the science and the polemics surrounding this work, and in particular the reactions of economists that marginalized its methods and conclusions for more than 30 years. “The Limits ...
This book is about increasing team performance. It focuses on building system dynamics models when tackling a mix of interrelated strategic problems to enhance team learning, foster consensus, and create commitment. The book is intended to be applied in the organizations of today. As the "command and control" organization evolves into one of decision-making teams, so these teams have become the critical building blocks upon which the performance of the organization depends. The team members face an increased complexity of decision making with the interrelation of several strategic problems. What this means is that people have different views of the situation and will define problems differen...
Kim Warren presents a complete framework in the field of Strategic Management. The book combines theory with clearly illustrated examples to examine the concept of financial performance and the tools that can be used to improve it.
Profiles in Operations Research: Pioneers and Innovators recounts the development of the field of Operations Research (OR), the science of decision making. The book traces the development of OR from its military origins to a mature discipline that is recognized worldwide for its contributions to managerial planning and complex global operations. Over the past six decades, OR analyses have impacted our daily lives: when making an airline or hotel reservation, waiting in line at a bank, getting the correctly blended fuel at the gas station, and ensuring that the book you are holding arrived at its destination on time. OR originated in the late 1930s when British scientists from various discipl...