Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation: Michael J. North, Charles M. Macal

• Filed under: Recommended

Editorial Reviews

Review
“Managing Business Complexity is a thorough, practical, and easy-to-understand guide to effective agent-based modeling and simulation. It’s a must read for anyone considering applications of agent-based modeling for solving real-world problems.”–Vincent P. Roske, Jr., Former Deputy Director for Wargaming, Simulation, and Analysis, U.S. Department of Defense Joint Staff Force Structure, Resources, and Assessment Directorate

Review

“Managing Business Complexity is a thorough, practical, and easy-to-understand guide to effective agent-based modeling and simulation. It’s a must read for anyone considering applications of agent-based modeling for solving real-world problems.”–Vincent P. Roske, Jr., Former Deputy Director for Wargaming, Simulation, and Analysis, U.S. Department of Defense Joint Staff Force Structure, Resources, and Assessment Directorate

Order Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation: Michael J. North, Charles M. Macal form Amazon.

Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation: Michael J. North, Charles M. Macal

• Filed under: Recommended

Editorial Reviews

Review

“Managing Business Complexity is a thorough, practical, and easy-to-understand guide to effective agent-based modeling and simulation. It’s a must read for anyone considering applications of agent-based modeling for solving real-world problems.”–Vincent P. Roske, Jr., Former Deputy Director for Wargaming, Simulation, and Analysis, U.S. Department of Defense Joint Staff Force Structure, Resources, and Assessment Directorate

Agent-based modeling and simulation (ABMS), a way to simulate a large number of choices by individual actors, is one of the most exciting practical developments in business modeling since the invention of relational databases. It represents a new way to understand data and generate information that has never been available before–a way for businesses to view the future and to understand and anticipate the likely effects of their decisions on their markets and industries. It thus promises to have far-reaching effects on the way that businesses in many areas use computers to support practical decision-making.
Managing Business Complexity is the first complete business-oriented agent-based modeling and simulation resource. It has three purposes: first, to teach readers how to think about ABMS, that is, about agents and their interactions; second, to teach readers how to explain the features and advantages of ABMS to other people and third, to teach readers how to actually implement ABMS by building agent-based simulations. It is intended to be a complete ABMS resource, accessible to readers who haven’t had any previous experience in building agent-based simulations, or any other kinds of models, for that matter. It is also a collection of ABMS business applications resources, all assembled in one place for the first time. In short, Managing Business Complexity addresses who needs ABMS and why, where and when ABMS can be applied to the everyday business problems that surround us, and how specifically to build these powerful agent-based models.

Order Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation: Michael J. North, Charles M. Macal form Amazon.

Technological Innovation: Oversights and Foresights: James G. March, Raghu Garud, Praveen Rattan Nayyar, Zur Baruch Shapira

• Filed under: Recommended

The capacity for technology businesses to grow and change with the times is linked to how these businesses develop and market technological innovations. Despite the importance of technological changes for corporate vitality, there are documented instances of corporations failing to capitalize on technological opportunities. Innovation outcome is contingent upon a match between a firm’s internal capabilities and its external context. Technological Innovation addresses specific ways in which the slim odds of corporate success can be enhanced. It analyzes why companies choose certain new technologies, from a technological, economic, and institutional perspective. Based on multidisciplinary research on technological choice, the book bridges research and practice to provide an enlightening and practical study.

Book Description
Why do managers take technology as a black box and do not try to assess or manage it? Some companies, better than others, have recognized the potential of technological breakthroughs, such as the personal computer, VCR, and fax machine. For instance, RCA, a recognized leader in broadcasting, chose not to invest in FM technology. Xerox was amongst the first few to develop the personal computer but failed to commercialize it. Sony was unable to reap benefits from its Betamax technology even though it was superior to its competitor, VHS. The list of such “technological oversights” is endless.Similarly, there are several instances of “technological foresights.” Sun Microsystems was among the first to realize the potential of reduced instruction set computing (RISC) chips that are now revolutionizing the computer industry. Though, initially, it could think of no good uses for a not-too-sticky adhesive, 3M has reaped millions from Post-It Note pads.This book suggests why these oversights and foresights occur, and, what actions managers must take for firms to increase their “hit-rates” or “batting-averages.”

order Technological Innovation: Oversights and Foresights: James G. March, Raghu Garud, Praveen Rattan Nayyar, Zur Baruch Shapira form Amazon.

Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation: Michael J. North, Charles M. Macal

• Filed under: Recommended

Editorial Reviews

Review

“Managing Business Complexity is a thorough, practical, and easy-to-understand guide to effective agent-based modeling and simulation. It’s a must read for anyone considering applications of agent-based modeling for solving real-world problems.”–Vincent P. Roske, Jr., Former Deputy Director for Wargaming, Simulation, and Analysis, U.S. Department of Defense Joint Staff Force Structure, Resources, and Assessment Directorate

Agent-based modeling and simulation (ABMS), a way to simulate a large number of choices by individual actors, is one of the most exciting practical developments in business modeling since the invention of relational databases. It represents a new way to understand data and generate information that has never been available before–a way for businesses to view the future and to understand and anticipate the likely effects of their decisions on their markets and industries. It thus promises to have far-reaching effects on the way that businesses in many areas use computers to support practical decision-making.
Managing Business Complexity is the first complete business-oriented agent-based modeling and simulation resource. It has three purposes: first, to teach readers how to think about ABMS, that is, about agents and their interactions; second, to teach readers how to explain the features and advantages of ABMS to other people and third, to teach readers how to actually implement ABMS by building agent-based simulations. It is intended to be a complete ABMS resource, accessible to readers who haven’t had any previous experience in building agent-based simulations, or any other kinds of models, for that matter. It is also a collection of ABMS business applications resources, all assembled in one place for the first time. In short, Managing Business Complexity addresses who needs ABMS and why, where and when ABMS can be applied to the everyday business problems that surround us, and how specifically to build these powerful agent-based models.

See all Editorial Reviews

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The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies: Scott E. Page

• Filed under: Recommended

Editorial Reviews

Review
“A U.S. expert on complex systems suggests we use teamwork to solve our problems.” — Vancouver Sun

“The Difference is brimming with so many intriguing insights and findings that I cannot do justice to them all.” — Philip E. Tetlock, Science

Review
Rather than ponder moral questions like, ‘Why can’t we all get along?’ Dr. Page asks practical ones like, ‘How can we all be more productive together?’ The answer, he suggests, is in messy, creative organizations and environments with individuals from vastly different backgrounds and life experiences.
(Claudia Dreifus New York Times )

The Difference is brimming with so many intriguing insights and findings that I cannot do justice to them all.
(Philip E. Tetlock Science )

In The Difference, Page reveals how groups that display a range of perspectives outperform groups of like-minded experts. Diversity yields superior outcomes, and he proves it using his own cutting-edge research. Moving beyond the politics that often clouds standard debates about diversity, Page explains why difference beats out homogeneity. And he examines practical ways to apply diversity’s logic to a host of problems.
(Here is the City )

This is a fascinating and important book…. The Difference is a thought-provoking and stimulating read.
(Diane Coyle Business Economist )

[Page] redefines the way we understand ourselves in relation to one another. The Difference is about how we think in groups…and how our collective wisdom exceeds the sum of its parts. Why can teams of people find better solutions than brilliant individuals working alone? And why are the best group decisions and predictions those that draw upon the very qualities that make each of us unique? The answers lie in diversity…not what we look like outside, but what we look like within, our distinct tools and abilities.
(Education Digest )

Page has written a book that offers a pragmatic defense of diversity practices, where having a diverse set of points of view in a group equates to better decision making. The book . . .illustrates the benefits of a different way of thinking about problem solving, providing people with conceptual tools to understand what lies behind some of the more popular treatments of topics and to reshape the public debate about the benefits and disadvantages of diversity.
(Henry Farrell Quality World )

$Order The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies: Scott E. Page From Amazon and save money$

The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies: Scott E. Page

• Filed under: Recommended

Editorial Reviews

Vancouver Sun
“A U.S. expert on complex systems suggests we use teamwork to solve our problems.”

Review
Rather than ponder moral questions like, ‘Why can’t we all get along?’ Dr. Page asks practical ones like, ‘How can we all be more productive together?’ The answer, he suggests, is in messy, creative organizations and environments with individuals from vastly different backgrounds and life experiences.
(Claudia Dreifus New York Times )

The Difference is brimming with so many intriguing insights and findings that I cannot do justice to them all.
(Philip E. Tetlock Science )

In The Difference, Page reveals how groups that display a range of perspectives outperform groups of like-minded experts. Diversity yields superior outcomes, and he proves it using his own cutting-edge research. Moving beyond the politics that often clouds standard debates about diversity, Page explains why difference beats out homogeneity. And he examines practical ways to apply diversity’s logic to a host of problems.
(Here is the City )

This is a fascinating and important book…. The Difference is a thought-provoking and stimulating read.
(Diane Coyle Business Economist )

[Page] redefines the way we understand ourselves in relation to one another. The Difference is about how we think in groups…and how our collective wisdom exceeds the sum of its parts. Why can teams of people find better solutions than brilliant individuals working alone? And why are the best group decisions and predictions those that draw upon the very qualities that make each of us unique? The answers lie in diversity…not what we look like outside, but what we look like within, our distinct tools and abilities.
(Education Digest )

Page has written a book that offers a pragmatic defense of diversity practices, where having a diverse set of points of view in a group equates to better decision making. The book . . .illustrates the benefits of a different way of thinking about problem solving, providing people with conceptual tools to understand what lies behind some of the more popular treatments of topics and to reshape the public debate about the benefits and disadvantages of diversity.
(Henry Farrell Quality World )

See all Editorial Reviews

See all Editorial Reviews&order