Thursday, November 10, 2005

Books on System Dynamics

I just finished reading The Critical Path, Building strategic performance through time by Kim Warren, who recently received the System Dynamics Society's Jay W. Forrester Prize 2005 for his contributions to the field, especially his 2002 book Competitive Strategy Dynamics. The Critical Path is a nice 'primer' for time-strung managers, but those who consider using strategy dynamics' related techniques within their own organization are advised to read the more elaborate Competitive Strategy Dynamics as well. In these two books, Kim Warren, who was one of my lecturers at London Business School back in '97/'98, discusses the use of system dynamics in a strategic management context, which also explains why he is talking about 'strategy dynamics' instead of the more traditional 'system dynamics' or 'business dynamics'.

Warren's books are just two of the books on system dynamics in my personal business 'library'. Holding over 100 titles, at least 7 of them deal with system dynamics and systems thinking:

  • Industrial Dynamics, Jay W. Forrester, 1961 (the book that got it all started!)
  • The Fifth Discipline, The Art & Practice of The Learning Organization, Peter M. Senge, 1990
  • Modeling for Learning Organizations, John D.W. Morecroft, John D. Sterman (editors), 1994
  • Business Dynamics, Overcoming the limits to growth, The McKinsey Quarterly Anthologies, 1995
  • Business Dynamics, Systems Thinking and Modeling for a Complex World, John D. Sterman, 2000
  • Competitive Strategy Dynamics, Kim Warren, 2002
  • The Critical Path, Building strategic performance through time, Kim Warren, 2003

As mentioned in previous posts, I am quite fond of the system dynamics/systems thinking approach and this list illustrates that I at least put my money where my mouth is, namely in books on the subject...

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