The Prince and the Revolution.

In Memory of an honest person.

Federal Press Agency - The Circle Logo. - 48x48

.

xx

His name was Prince,

Continue reading “The Prince and the Revolution.”

You Don’t Want to Build All Models from Scratch, Do You?

This is a very interesting article by Wang Zhao about fundamental blocks of System Dynamics archetypes in elaborated detail, posted by @YoungModeler.

For everyone new to the topic, a simple overview of the basic feedback loops that are common to Business Model Generation as well can be found on Wikipedia’s article about System Archetypes. As well, the basic picture of those interacting Problems-and-Success Models can be found within each Dynamic Application.

Building World Models, altogether. A great topic to discuss.

I found that management picutre on German Wikipedia, translated the picture to English, called it “Balanced Scorecard – Management”, and added that picture to the top right icons in Dynamic Applications. Finally, i’ve uploaded it to the english article on System Archetypes at Wikipedia. Where it resides until today.

How could such archetypes or “building blocks” be incorporated with Dynamic Applications? – your suggestions are highly appreciated.

For everyone interested in more detailed building blocks, see PDF Attachment at the bottom of the article by @YoungModeler, reblogged below.

Young Modeler

By Wang Zhao
Located in Lisbon, Portugal
European Master in System Dynamics candidate 2017-2019


Modellers face a problem: Too few of their models ever get reused. Meanwhile, many projects start by building a new model from scratch requiring plenty of research to conceptualize the model structure. If we see these two aspects from the perspective of ‘supply’ and ‘demand’, is there any ‘mismatch’ in between that hinders models from reuse? If so, what could be the reason?

Most system dynamics models

View original post 802 more words