About System Dynamics
System Dynamics is a methodology and mathematical modeling technique for strategy development. The main goal is to help people make better decisions when confronted with complex, dynamic systems.
System Dynamics uses simulation modeling based on feedback systems theory that complements systems thinking approaches. It applies to dynamic problems arising in complex social, managerial, economic, or ecological systems.
Systems thinking is a way to describe and understand the causality and interrelations between variables within a system. System Dynamics quantifies the impact of those interactions.
System Dynamics Approach
System Dynamics provides methods and tools to model and analyze dynamic systems. The modeling language is intuitive and lends itself to interdisciplinary work. The basic idea behind System Dynamics is that feedback loops capture the interactions between the system parts and how they lead to a certain overall pattern of behavior over time. The approach focuses on building computer models that bring to light less visible interactions, dynamic complexity, delays, and unintended consequences of decisions and actions.