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Exploring Financial Sustainability of SMEs during Periods of Production Growth: A Simulation Study

2018-2-20, Schwab, Leila, Gold, Stefan, Reiner, Gerald

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How to model the impact of operations management decisions on business sustainability during a growth

2016-6-19, Schwab, Leila, Gold, Stefan, Reiner, Gerald

The research aims at exploring how decisions made by managers of growing firms influence the growth trajectory of their firms and guide them towards sustainable business growth. Based on empirical data of a Swiss family-owned wood construction company, a multi-method model is developed to simulate a growth phase and decision-making process. The expected results suggest that the speed at which decisions are made as well as the diversity of decisions considered influence positively the sustainable growth trajectory. The use of simulation-modelling sheds new light on the study of the dynamic concept of growth in operations management and guide business practice.