Category: Articles
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1990 System Dynamics Conference Focuses on Learning
Learning emerged as the key topic at the 1990 International System Dynamics Conference. The conference, held July 10-13 in Massachusetts, brought together people from over…
System Dynamics in Dispute Resolution
Major business-related legal disputes usually arise from a combination of frustration, desperation, and anger. Frustration because the other party “refuses to listen to reason,” desperation…
“Flying” People Express Again
The year is 1980 and the U.S. post-deregulation airline industry is still taking shape. While the established carriers are making adjustments in the new competitive…
Mergers and New Entrants Mark a New Era in Systems Thinking
Although the field of systems thinking has been around for several decades, the last several years have marked unprecedented growth. New entrants have spurred the…
Blockbuster Video: Riding on the S-Curve
Blockbuster Video lived up to its name in the 1980s, becoming the number one video rental company in the United States. But its star may…
The Fall of First Executive: Who Is to Blame?
DECEMBER 22,1989 — The takeover of First American Bank & Trust in North Palm Beach, FL marks the third-biggest bank failure of the year. Fast…
Accumulation Management: Avoiding the “Pack Rat” Syndrome
I once read a story about a trivia “pack rat,” a man who had spent his entire life memorizing trivia. He knew baseball statistics of…
Rethinking Workforce Planning Criteria
In 1989, Digital Equipment Corporation in the United States faced business conditions unique in its 30-year history. Historically, Digital had been a high-growth company in…
Lean Production: From the Machine Age to the Systems Age
“Twice in the last century, automobile manufacturing has changed our most fundamental ideas of how we make things. And how we make things dictates not…
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…