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Application of Systems Modelling for Dynamic Strategy Formulation

In this blog, I will summarise my previously published paper that shows how systems modelling can improve managers’ understanding of their business dynamics and feedback structures that impact their decision-making at the strategy formulation level. … Continue readingApplication of Systems Modelling for Dynamic Strategy Formulation

What is systems thinking

Systems Thinking: In-Depth Exploration of its Definition, Concepts, and Tools

Systems thinking is a powerful perspective that offers a holistic way to analyze and understand various issues. In this blog, we will dive into the world of systems thinking, exploring its definition, core concepts, and tools that can aid in applying this approach to real-world problems. … Continue readingSystems Thinking: In-Depth Exploration of its Definition, Concepts, and Tools

Systems modelling principals

Systems Modelling Principles for Problems in Socio-Economic Systems

One of the best books I’ve read for modelling managerial problems in socio-economic systems is “Tools for Thinking: Modelling in Management Science” by Michael Pidd.
In the following videos, I reviewed six systems modelling principles in socio-economic systems from the book. … Continue readingSystems Modelling Principles for Problems in Socio-Economic Systems