Our Business Management Support Foundation is dedicated to use system thinking theory and concepts. The systems approach is our way of thinking about complex problems and a methodology for developing optimal solutions to those problems. It involves a special kind of thinking, often referred to as systems thinking, that makes use of a number of tools to gain powerful insights into the nature of a problem. In essence, it does this by examining the system in which a problem occurs, identifying the core parts of the system, and how they work together to manifest the attributes of the system. Thus, knowledge of a system is both a prerequisite and an ongoing requirement critical to systems methodology, which broadly involves the design, construction, implementation, and optimization of an effective solution to a problem. Such an approach is most appropriate for problems that are complex, meaning they involve multiple factors that interact together over time, in ways that can be challenging to predict.

To provide help in complex problems one of the BMS services offered analyse and problem solving based on System Dynamics. System Dynamics is a valuable theory with roots, of course, in system thinking. So the System Dynamics Methodology is a valuable system appproach used for various BM-Support activities. System dynamics was developed at MIT in the mid 1950′s. The method applies the principles of engineering control theory to managerial and economic problems. Computer models serve as laboratories for experimentation. Modeling is faster and less expensive than experimenting through real-life trials. Modeling allows people to test theories, develop internal consistency, build consensus, discover missing information, estimate the quantitative impact of changes, discover new opportunities, and avoid mistakes.

If you want more information about how you can benefit with strategic problems with using a System Dynamics approac, please contact us.