Modeling for Learning Organizations (System Dynamics Series) Review

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(More customer reviews)"Modeling for Learning Organizations" builds off of the extensive experience of top professors and consultants using the SD tools to test strategies and build an understanding of firm and industry dynamics.
"Modeling" also includes a section overviewing the various simulation software packages available to modelers. Though developers like High-Performance Systems, Vensim, Pugh-Roberts, and PowerSim have made product enhancements to date, the sections from each company provide a great introduction to what is out there how each package can be applied.
The most valuable aspect of the book is probably in the case studies and methodological explorations of several authors. A number of key insights are offered as authors reflect upon the successes and shortcoming of the methods each chose to use to explore and develop models in a variety of business and public environments.
This is definitely a must have for any SD library.

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Conventional wisdom says that we can learn from our errors, but errors in the business world can be prohibitively costly. To truly understand how complex business organizations function requires different tools than most managers have been given. Yet managers need methods to understand how their organization works in order to test policies, discover flaws in thinking, and find the hidden leveragepoints within the complex systems they manage. Through a system simulation, the dynamics of the whole system, not just the individual parts, becomes apparent. The outcome of current and future situations becomes possible to predict and with this information, managers can focus on the changes that need to be made.The distinguished contributors to Modeling for Learning Organizations include Jay W. Forrester, Peter Senge, and Arie De Geus. You will learn about leading applications such as:
Shell's work on modeling the oil producers.
The Management Flight Simulator, a computer-based case learning environment pioneered by John Sterman and others at MIT
The landmark Claims Learning Laboratory at Hanover Insurancecompanies.
For managers, professionals, academicians, and everyone who recognizes the profound implications of modeling, this book is an excellent resource. It offers a broad understanding of the modeling process, discusses a multitude of case studies, and provides a review of the most recent simulation software.

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