Abstract for: Strategic Resources Investment Planning for Growth and Development: An executive training model
This paper proposes a simulation model designed for executive skills building in strategic resource investment allocation, seeking a best organization growth and development strategy. Investment strategy amount, capacity versus productivity trade-off, two different types of productivity resources, earnings, debt implications and delay impacts are considered in the model. An Interactive Learning Environment (ILE) based on an underlying growth model is proposed and tested. The model is based on the System Dynamics methodology. A laboratory experiment was conducted with the participation of graduate and undergraduate students to evaluate some key performance measures differences due to student investment strategy profiles between these two groups. The experiment suggest that graduate students were more aggressive, getting worst results at the beginning but, at the end they achieve better results with some less aggressive strategy plus assigning more resources to productivity versus capacity than undergraduate students did.