All socioeconomic systems are characterised by a complexity of interacting influence patterns that would usually incorporate institutional, environmental, technological, and behavioural relationships. The challenge for management is to develop a sufficiently detailed understanding of these influences in order to develop effective opportunities and mechanism for control. This challenge is heightened by the tradition of 'partial' or non-holistic thinking that continues as the conventional wisdom in the management field. Though the imperative for holistic thinking is intuitively supported by most mangers, the difficulties associated with implementing these ideas into management practice may be perceived as being 'too hard' or 'open ended' for practical application. System dynamics modelling is an appropriate process for developing an holistic understanding of any socio economic system. A realistic model can be applied to the development of management strategies and decision support. To a novice modeller, however, model construction can be intimidating process lacking in the kind of systematic procedural support seemingly offered by the more conventional, non-holistic management school. To a large degree, the integration of the qualitative social fabric matrix with quantitative system dynamics presents a more system modelling process for practical application. The proposed amalgamation also yields some added conceptual insights into the nature of management processes and prospects for control.

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Date created

• 1995

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

12420ec6bd5f758d2b4dea59aabd75a9

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Part of

b83f2ce2912343b559f967dd985da515

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives