Supporting Small Medium Enterprises planning through the use of a step-by-step System Dynamics model building process

Enzo Bivona, Athor Subroto

Risultato della ricerca: Other

Abstract

This paper aims to support small medium enterprises (SMEs) in business planning through the use of system dynamics models. In particular, it has been hypothesized that through the use of a step-by-step system dynamics model building process SMEs’ entrepreneurs can better understand the net of cause-and-effect relationships underlying company financial and non-financial results. Such an approach also enables decision makers to improve their understanding about the figures portrayed in a balance sheet. In order to reach such a goal, this study has been carried out through the use of a case-study. The small company investigated is a leather handcraft operating in Indonesia. The paper makes explicit main feedback mechanisms underlying company customer base dynamics adoption process, production and inventory management policies, human resource management practice and machineries production capacity acquisition policy.
Lingua originaleEnglish
Numero di pagine0
Stato di pubblicazionePublished - 2009

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System dynamics model
Planning
Small and medium-sized enterprises
Human resource management practices
Leather
Feedback mechanism
Inventory management
Production management
Small companies
Entrepreneurs
Process management
Balance sheet
Production capacity
Indonesia
Decision maker
Business planning

Cita questo

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title = "Supporting Small Medium Enterprises planning through the use of a step-by-step System Dynamics model building process",
abstract = "This paper aims to support small medium enterprises (SMEs) in business planning through the use of system dynamics models. In particular, it has been hypothesized that through the use of a step-by-step system dynamics model building process SMEs{\^a}€™ entrepreneurs can better understand the net of cause-and-effect relationships underlying company financial and non-financial results. Such an approach also enables decision makers to improve their understanding about the figures portrayed in a balance sheet. In order to reach such a goal, this study has been carried out through the use of a case-study. The small company investigated is a leather handcraft operating in Indonesia. The paper makes explicit main feedback mechanisms underlying company customer base dynamics adoption process, production and inventory management policies, human resource management practice and machineries production capacity acquisition policy.",
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AU - Subroto, Athor

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N2 - This paper aims to support small medium enterprises (SMEs) in business planning through the use of system dynamics models. In particular, it has been hypothesized that through the use of a step-by-step system dynamics model building process SMEs’ entrepreneurs can better understand the net of cause-and-effect relationships underlying company financial and non-financial results. Such an approach also enables decision makers to improve their understanding about the figures portrayed in a balance sheet. In order to reach such a goal, this study has been carried out through the use of a case-study. The small company investigated is a leather handcraft operating in Indonesia. The paper makes explicit main feedback mechanisms underlying company customer base dynamics adoption process, production and inventory management policies, human resource management practice and machineries production capacity acquisition policy.

AB - This paper aims to support small medium enterprises (SMEs) in business planning through the use of system dynamics models. In particular, it has been hypothesized that through the use of a step-by-step system dynamics model building process SMEs’ entrepreneurs can better understand the net of cause-and-effect relationships underlying company financial and non-financial results. Such an approach also enables decision makers to improve their understanding about the figures portrayed in a balance sheet. In order to reach such a goal, this study has been carried out through the use of a case-study. The small company investigated is a leather handcraft operating in Indonesia. The paper makes explicit main feedback mechanisms underlying company customer base dynamics adoption process, production and inventory management policies, human resource management practice and machineries production capacity acquisition policy.

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KW - PLANNING

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KW - SYSTEM DYNAMICS

UR - http://hdl.handle.net/10447/40680

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