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Gold, Stefan
Résultat de la recherche
Exploring Financial Sustainability of SMEs during Periods of Production Growth: A Simulation Study
2018-2-20, Schwab, Leila, Gold, Stefan, Reiner, Gerald
If you knew there was a 79% bankruptcy risk by expanding your operations capacity, would you still try?
2017-7-2, Schwab, Leila, Gold, Stefan, Reiner, Gerald
The research aims at evaluating the risk taken by a growing company when it expands its operations capacity. Previous research has shown that effective decision-making process is key and its facilitation is a major purpose in operations management. A multi-method model is developed to simulate a growth phase and respective decision-making processes. Its calibration is achieved through empirical data of a Swiss family-owned wood construction company; then a compare runs analysis is conducted. Results show that more than 80% of runs, interestingly, lead the company to bankruptcy, which helps managers and counsellors to evaluate growth risks adequately.
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.