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System Dynamics

Magne Myrtveit

Phd Candidate in System Dynamics

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An organization’s ability to develop and implement viable strategies for meeting future challenges and opportunities is crucial to the growth and sustainability of the organization. While tools and methods for short-term, low-level planning are abundant,

Why did you decide to do a PhD in system dynamics?

I have worked for many years with methods and technology for decision-support and planning in corporate and public organisations. System Dynamics has powerful concepts for holistic, long-term planning. In practice, however, companies hardly use System Dynamics at all. With my PhD I want to look at reason for the discrepancy between big potential usefulness at one hand compared to small actual usage of System Dynamics at the other hand.

Short summary of PhD project

The project compares System Dynamics technology to the spreadsheet, which is the main planning tool used by companies today. Based on this comparison, as well as elements from other technologies, I define a new modeling technology that maintains the strengths of both worlds, while removing the main weaknesses of each.

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