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System Dynamics

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System Dynamics Definition

Arising as a different way of understanding organisations using computer simulations, System Dynamics (SD) combines theory, methods and philosophy for analysing the behaviour of systems, by using concepts from the field of feedback control; since feedback loops interconnect people and dominate human decision-making (Forrester, 1998). System Dynamics is a methodology for studying, managing and addressing complex feedback systems in business and other social systems (SDS, 1998).

System Dynamics Description

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System Dynamics Examples

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System Dynamics Implementation

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System Dynamics Strengths

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System Dynamics Weaknesses

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System Dynamics Value Focus

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System Dynamics Life Cycle

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System Dynamics Sector Focus

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System Dynamics Web resources

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System Dynamics Print resources

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System Dynamics References

  • BBL, Bloomsbury Business Library (2007) Systems Dynamics Business and Management Dictionary, pp. 7239-7239.
  • Cavana, R. Y., and Clifford, L. V. (2006) Demonstrating the utility of system dynamics for public policy analysis in New Zealand: the case of excise tax policy on tobacco, System Dynamics Review, Vol. 22 (4), pp. 321-348.
  • Engelen, S., Meersman, H. and Voorde, E. (2006) Using system dynamics in maritime economics: an endogenous decision model for ship owners in the dry bulk sector, Maritime Policy and Management, Vol. 33 (2), pp. 141-158.
  • Forrester, J. W. (1991) From the ranch to system dynamics: an autobiography. Available at: www.friends-partners.org/GLOSAS/Peace%20Gaming/System%20Dynamics/Forrester's%20papers/Forrester-Ranch.html

There are up to fifteen original source references used to write the overview of System Dynamics. Please log in or subscribe to view the original source material our researchers used to write about this concept.

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