Definition: Strategy Dynamics is a quantitative, fact-based business simulation method by Warren ('99) to explain the business performance to date, and develop strategies for improving the future performance, based on building and retention of resources and capabilities.
The aim of SD is to answer following questions:
- Why is the business performance following its current path?
- Where will the business performance go if we continue the way we are doing today?
- How can we design a robust strategy to radically improve the performance into the future?
Is an offspring of System Dynamics and is a good basis for BSC or VBM implementations.
© 2019 MBA Brief - Last updated: 19-6-2019 - Privacy | Terms