A comparative analysis between different resource allocation and operating strategy implementation mechanisms using a system dynamics approach

2019 ◽  
Vol 58 (2) ◽  
pp. 367-391
Author(s):  
Xu Li ◽  
Xun Xu
Keyword(s):  
Resource Allocation ◽  
Comparative Analysis ◽  
System Dynamics ◽  
Strategy Implementation ◽  
Operating Strategy

Using qualitative comparative analysis and system dynamics for theory-driven business model research

2017 ◽  
Vol 16 (4) ◽  
pp. 470-481 ◽  
Author(s):  
Karl Täuscher
Keyword(s):  
Comparative Analysis ◽  
System Dynamics ◽  
Business Model ◽  
Conceptual Development ◽  
Qualitative Comparative Analysis ◽  
Dynamics Simulation ◽  
Model Concept ◽  
Model Research ◽  
Key Characteristics ◽  
Substantial Progress

The business model has evolved as an important concept in strategic management. While recent years have seen substantial progress in the business model’s conceptual development, empirical progress remains limited. I argue that this limited progress might be due to a mismatch between the business model’s characteristics and the methods applied to study it. This essay introduces two methods—qualitative comparative analysis and system dynamics simulation—that share key characteristics with the business model concept. The essay introduces these methods and discusses five directions for applying them in business model research. In doing so, I hope to contribute to a stronger harmonization of conceptual and empirical business model research.

Distributing Mutual Advantages in Italian Cooperatives

2019 ◽  
pp. 254-271
Author(s):  
Francesca Costanza ◽  
Pietro Fontana
Keyword(s):  
Comparative Analysis ◽  
System Dynamics ◽  
Growth And Development ◽  
Social Function ◽  
Cause And Effect ◽  
Effect Model ◽  
Patronage Refunds ◽  
National Growth

Italian cooperative organizations contribute sensibly to the national growth and development, pursuing a social function of economic redistribution. Since they are based on the mutuality principle, the related accountancy and taxation systems follow such logic, in particular as far as the patronage refunds discipline is concerned. The aim of the chapter is to advance the understanding of such flows; the scope is pursued through an accounting records' comparative analysis based on the main legislative acts and professional and scholar literature. The results converge into a cause-and-effect model built according to a system dynamics perspective.

Experimental Gaming Comparison of Resource Allocation Rules in Case of Transferable Utilities

2017 ◽  
Vol 19 (02) ◽  
pp. 1750006 ◽  
Author(s):  
N. A. Korgin ◽  
V. O. Korepanov
Keyword(s):  
Resource Allocation ◽  
Comparative Analysis ◽  
Nash Equilibrium ◽  
Efficient Solution ◽  
Dominant Strategy ◽  
Uniform Rule ◽  
Allocation Mechanism ◽  
Allocation Rules ◽  
Proportional Allocation ◽  
Efficient Resource

The present paper discusses the comparative analysis results of resource allocation rules using experiments in the form of business games. The comparative analysis involves five rules. The resource allocation mechanism that gives the efficient solution of the problem without transferable utility, implementing it as dominant strategy equilibrium in the agents game, so called Uniform rule. The mechanism with balanced payments introduced earlier by authors using the Groves Ledyard rule that gives the efficient solution of the problem as a Nash equilibrium in the agents game, as well as its modification reducing the dimension of the action space of the agents. The mechanism from the class of proportional allocation mechanisms, where, the efficient resource allocation also represents a Nash equilibrium, but the payments are unbalanced. Last mechanism in the comparative analysis was originally developed as a distributed optimization algorithm.

TIMELY RESOURCE ALLOCATION BETWEEN R&D AND MARKETING: A SYSTEM DYNAMICS VIEW

2012 ◽  
Vol 09 (02) ◽  
pp. 1250012 ◽  
Author(s):  
AHMET ILKER SOYDAN ◽  
M. ATILLA ONER
Keyword(s):  
Resource Allocation ◽  
Research And Development ◽  
System Dynamics ◽  
Policy Design ◽  
New Products ◽  
Complex Problem ◽  
Trade Off ◽  
Customer Base ◽  
Market Saturation ◽  
Underlying Processes

Trade-off between marketing and research and development (R&D) has always been a dilemma in management science for many years. Allocating the budget to departments and estimating the future profits and customer base as a result of this action has remained a "challenging task." Developing products faster, better, and cheaper than competitors has become critical to success in many markets. This may require huge initial investments in underlying processes resulting in over-investment in marketing and/or R&D in spite of insufficient purchasing power and market saturation for new products. Using a system dynamics (SD) model, this paper aims to understand the dynamics of a complex market where demand fluctuates annually. The problem contains severe difficulties in terms of planning and strategy for marketing and R&D. The budgets to be shared by R&D and marketing vary every period. The market includes feedback and dynamic issues to consider. This brings in the problem of understanding and controlling complexity in the market structure by understanding the cyclical causal relationships. The paper indicates that SD modeling is very useful in investigating and finding sustainable allocation trends in marketing and R&D, so that a firm can keep a sustainable level of customers. While searching for these trends, special attention is paid to the timing of these decisions to synchronize two activities. The paper shows an understanding of the management of a complex problem via policy design and analysis using SD modeling.

scholarly journals Effect of Strategy Implementation on Performance of Chemelil Sugar Company in Kisumu County, Kenya

2021 ◽  
Vol 5 (4) ◽  
pp. 70-82
Author(s):  
Jael Atieno Okwemba ◽  
◽  
Dr. Njeri Njuguna ◽  
Keyword(s):  
Resource Allocation ◽  
Organizational Performance ◽  
Sampling Technique ◽  
Target Population ◽  
Strategy Implementation ◽  
Coefficient Of Determination ◽  
Descriptive Research ◽  
Strong Positive Relationship ◽  
Unit Increase ◽  
New Policies

The performance at Chemelil Sugar Company in Kisumu County has been unsatisfactory and thus, the study sought to examine whether strategy implementation can affect the performance. The study was underpinned on resource-based view theory. The descriptive research design was deemed relevant to the study. The target population was 60 and the key respondents incorporated the heads of departments. The sample size was 60. The study adopted the purposive sampling technique and questionnaires were used to collected the data. The analysis of the data was done using descriptive and inferential statistics. The results of the study showed that strategy implementation affect performance positively. The strategy implementation can be determined by resource allocation, stakeholders, communication and structure. The correlation analysis showed there was a strong positive relationship between performance and strategy implementation. The coefficient of determination (r2=.424) indicated that 42.4% of the variation in organizational performance can be explained by strategy implementation. The regression results established that strategy implementation is positively and significantly related to performance (?= .883, t = 2.847, p = .016). Hence, unit increase in strategy implementation while holding all other factors constant, increases performance by 0.883 units. The study recommended the improvement of strategy implementation through enhanced resource allocation, stakeholders, communication and structure could improve the performance of the organization. The allocation of the resources need to be adequate to foster the strategy implementation. It is suggested that stakeholders' skills to be matched with their responsibilities. The managers to create maximum awareness to employees when implementing new policies and effective structure be developed to encourage information sharing between departments. Keywords: Strategy implementation, performance, Chemelil Sugar Company, Kisumu County, Kenya

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