Jay W. Forrester

Author

Jay Forrester is the Professor Emeritus of Management in System Dynamics at the MIT Sloan School of Management. A pioneer in early digital computer development and a member of the National Inventors Hall of Fame, Forrester invented random-access magnetic-core memory during the first wave of modern computers. He also pioneered the growing field of system dynamics. His research focuses on the behavior of economic systems, including the causes of business cycles and the major depressions, a new type of dynamics-based management education, and system dynamics as a unifying theme in pre-college education. He has been recognized with numerous awards for his books and has been awarded nine honorary degrees from universities around the world. Forrester holds a BS in electrical engineering from the University of Nebraska and an SM in electrical engineering from MIT.

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The Next Great Frontier: Designing Managerial & Social Systems

The 1990s are shaping up to be a decade of dramatic changes. The recent shake-ups at IBM and General Motors are ominous signs that…

The Economy: Where is it Headed?

Excess manufacturing capacity in most industries is suppressing new capital construction. Home equity second and third mortgages are vulnerable to deflation in home values and…

Modeling for What Purpose?

System dynamics does not impose models on people for the first time—models are already present in everything we do. One does not have a…

The Next Great Frontier: Designing Managerial and Social Systems (Part 2)

A systems analysis of a company draws on knowledge about how structure and policy relate to behavior. Information comes primarily from interviewing people in…

The Next Great Frontier: Designing Managerial and Social Systems (Part 1)

The continued search for better understanding of social and economic systems represents the next great frontier in human development. Frontiers of the past have…

Learning Through System Dynamics as Preparation for the 21st Century

What should be the outcome of a systems education? We do not expect most students to spend their lives in front of a computer…