Business Dynamics

John D. Sterman

Why do well meant policies so often backfire in organizations, and how can simulation help managers see why?

At a glance

You will understand policy resistance, when interventions are delayed, diluted or defeated by the system's own response
You will learn that the structure of information flows and policies, not the industry or product, explains patterns like corporate growth
You will be able to check a simulation for numerical error by halving the time step and running it again