How to model the impact of operations management decisions on business sustainability during a growth
Date issued
June 19, 2016
Subjects
Business growth management Decision-making Sustainability Agent-based simulation System-dynamics
Abstract
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.
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.
Notes
, 2016
Event name
EurOMA
Location
Trondheim
Publication type
conference paper