Sponsor of the System Dynamics Society

Powersim Software is a proud sponsor of the System Dynamics Society.


Powersim Software is a proud sponsor of the System Dynamics Society

"System dynamics is a technique for strategic and policy simulation modeling based on feedback systems theory. It was invented in the late 1950s by Jay Forrester, a pioneer in engineering and computer design. Since then, SD has developed as its own field, distinct from the larger fields of operations research and management science to which it is related.

SD unites social and behavioral science with the nitty-gritty details of planning and accounting, and requires the careful design and construction of original models with many interacting variables.  Although SD modeling is technically demanding, the logic and results of a good SD model are neither esoteric nor hard for decision makers to understand.  And although SD models are sophisticated, they are also compact enough to run instantly on a laptop computer, permitting a whole series of alternative assumptions and scenarios to be tested quickly and thoroughly in interactive strategy development sessions."

 

 

Read more on the Society's web pages

 

 


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