REPLY Separate Professional Conference (SD6305)
System Dynamics Mailing List
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Tue Feb 27 04:25:16 CST 2007
Posted by Richard Stevenson <rstevenson at valculus.com>
Jean-Jacques Laublé asks "why should I bother?" and then invites me
to join the business SIG. I thank him for that.
But I am not at all sure (not least because of all the recent
correspondence on this forum) that the SIG is the most appropriate
forum, nor a sufficiently high leverage approach for what I want to
do - which is to inform and develop a wide community of business
managers to apply SD to make better informed decisions in the
interests of all stakeholders - based on resource-based thinking,
value-based thinking and transparency.
At the risk of repetition, I believe that the "bottom up" approach
that we have adopted in business for 50 years has run its course.
Even Jay himself appears to agree, "SD is on a plateau". Business
people just do not want to learn this stuff from loops, nor stocks
and flows. They don't have time. They just want better decision tools.
I think that toolset integration via the web is the key - not stock
and flow, stand-alone models, nor business games, nor organisational
learning. We need to integrate SD with other major strategy
contributions - especially corporate finance (valuation) and balanced
performance planning (scorecards/strategy maps).
SD cannot make it alone in business strategy. It's time for a
significant reappraisal. I am perfectly prepared, as Jean-Jaques
suggests, to contribute. But I now believe we need a new, broader f
orum for new thinking that will specifically engage other
disciplines to attract business people - not the SD business SIG.
On a different note, there has now been a full month's worth of
discussion on these topics. Somebody should summarise the broad
conclusions. I could have a go but I have not the time and my own
stance is too polarised. Anyone know a competent student who could
have a bash?
Richard Stevenson
Valculus Ltd
UK
Posted by Richard Stevenson <rstevenson at valculus.com>
posting date Mon, 26 Feb 2007 16:09:44 +0000
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