Ascertaining The Growth Of A Company A System Dynamics Approach

Business is often about creating change for other businesses. At times, these changes affect only the company and at other times they affect the entire industry. There is a time in the life of a business when its fundamental way of functioning is questioned and is subjected to change. That change can mean an opportunity to rise to new heights, or it might even signal the beginning of the end. This fundamental change in any business is known as an inflection point. Understanding the nature of its inflection point and responding to that point suitably will help to safeguard a company's growth. So today's managers, when faced with such changes, have to be equipped with the adequate tools to guide the company out of troubles and to place it in a position where it can prosper. The fundamental changes can be scrutinized by studying the internal dynamic behavior of the system. Therefore, the managers are required to be systems thinkers so that they can study the internal dynamic behavior of the company and maneuver the inflection point successfully. System dynamics is an effective tool, which helps the managers to understand the structure and internal dynamic behaviors of a large and complex system. System dynamics models are developed to assist the management to navigate its way through the inflection point. This thesis focuses on how system dynamics model-analysis and model based policy development process can help a company to overcome an inflection point. Further enhancements and calibrations can be done to the model to provide industry specific solutions.

Author dc:creator

• Noor Mohideen, Fakir Mohideen

Contributors dc:contributor

• Rabelo, Luis

• System Dynamics
• Engineering

Language dc:language

English

Identifier

CFE0000335

OAI identifier oai:identifier

oai:stars.library.ucf.edu:etd-1360