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Solving Problems with System Dynamics
Haebom
Jun 26, 2023
3y ago
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System Dynamics is a research methodology developed by Professor Forrester of MIT.
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System dynamics emphasizes feedback processes and cyclical causality.
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Research topics include causal loop diagrams, feedback models, and delay models.
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A variety of system dynamics modeling techniques have also been developed to analyze complex nonlinear systems and offer solutions.
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Decision makers present opinions based on causality to solve problems.
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Causality falls within the realm of experts, where factors like internal resistance, delays, resource scale, and time elements are all considered.
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Problem-solving skills and growth hacking matter.
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You need to factor in variables and resources that change over time.
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Correlation belongs to the domain of experience and hypothesis.
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Mistaking correlation for causation can lead to risky decisions in business.
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Executing a business plan can be problematic due to gaps between goals and reality.
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A company doesn’t grow just because everyone works hard.
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Members influence one another, and complex systems and conflicts may emerge.
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System dynamics suggests considering delays and proposing periods of rest or stability.
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Haebom
Jun 26, 2023
https://systemdynamics.org/origin-of-system-dynamics/
Origin of System Dynamics
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systemdynamics.org
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