Abstract
This is the third of three case studies showing how the systems approach can be used in corporate modelling and strategy development, here in a manufacturing company. First, a rich picture was drawn which described the company's business climate and, from this, influence diagrams were constructed of the factors affecting sales and production costs. A corporate model (consisting of interrelated forecasting, production and financial planning modules) was then constructed and used to forecast future income and production costs, assist with causal and sensitivity analyses and also to facilitate strategic evaluation and choice. Overall, the approach enabled management to develop a clearer understanding of their business environment and so build a comprehensive corporate model which facilitated an enriched strategy evaluation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
