The Language of System Dynamics

     
WORKSHOP OBJECTIVES
The objective of this workshop is for the audience to develop a basic mastery of the suite of system dynamics methods. To meet the objective, participants learn to articulate a problem using system thinking methods, to utilize the Powersim® software to model simple systems, and to communicate effectively about problems and solutions in terms of dynamic feedback.

After attending our workshop, you will be able to:

bulletIdentify dynamic problems within your area of practice
bulletUnderstand the suite of SD concepts and language tools
bulletUse SD diagramming tools to articulate complex problems
bulletUse simulation models and basic model-building skill
WORKSHOP TOPICS
 

Introduction to System Dynamics

We begin the workshop by focusing on how system dynamics can be applied to address dynamic problems of systems. The objective of this section is to introduce the method and supporting suite of tools with an overview of the defining goals, concepts, utilization, and intervention methods.

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History of system dynamics

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Goals, concepts, and tools of system dynamics

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Implications of feedback methods for management and planning

System dynamics intervention/ utilization in business and research

Applying System Dynamics Tools

This section illustrates how to use system dynamics tools to help frame a problem within a dynamic system. Interactive discussions and hands on examples are used to build skills in developing influence diagrams and identifying common system archetypes.

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System diagramming tools

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Ways to represent system structures

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Identifying common system archetypes

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Linking the system structure with the representation of behavior over time

System Dynamics Modeling

This section introduces principles of using computerized dynamic simulation models to fully examine and challenge our assumptions about systems. In addition to group discussions, participants have an opportunity for hands on development of simple models using the PowersimÒ software.

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Role of simulation models

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Types of simulation models

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Software basics

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Model building exercise

 
Learning from Simulation Models

Once we have a model, how can we learn from it? This is the question we tackle in this module. Sample simulation models illustrate the process of using models to create a deeper knowledge about the behavior of systems.

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Overview of sample models

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Types of learning possible

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Scope of simulation models

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Small group exercise

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Facilitating model-based learning

Interactive Case Study

The case study provides an opportunity to apply the system thinking tools just discussed in defining the structure of a applied problem. The format is similar to that used in a typical system dynamics intervention when defining the initial scope and structure of the problem within a dynamic system.

Ag Credit and Business Strategy
Ag Credit Analysis
Credit Risk and Commodity
Marketing Strategies
Financing Dairy Expansions
Financing Integrated and Contract Agricultural Production
Financing Multiple Entities
Financial Stress in Agriculture: Strategic Positioning in Difficult Times
Financing Swine Expansions
Loan Analysis For Agricultural Suppliers
Loan Structuring Analysis For Agricultural Credits
Transitioning The Farm Business
Other Credit and Business Strategy
The Language of System Dynamics
Personal Financial Planning: Issues for Bankers Serving Business Owners and Professionals
Refocusing the Commercial Credit Relationship: Assessing the Value of Personal Guarantee