Author: Carmine Bianchi This article emphasises the need for a learning-oriented approach to planning and control as a prerequisite for SMEs’ survival and growth. Such a perspective can be effectively pursued through the development of interactive learning environments linking system dynamics (SD) and accounting models, which provide two complementary views of business phenomena. In order […]
E-commerce is often perceived as a powerful lever to foster growth of SMEs. However, both the literature and empirical evidence have shown the perils hidden in superficial decision making by SME entrepreneurs. A system dynamics (SD) approach is used in this article to demonstrate how managing processes of accumulation and depletion of strategic assets, detecting […]
The importance of small–medium enterprises (SMEs) in today’s economy has been widely recognized, both in regard to the role and number of such firms and to their contribution to gross national product, employment, and local economic well-being. However the perception appears to be that system dynamics (SD), at least in terms of published works, is […]
Investigating the rise and fall of a business is commonly viewed as a matter of searching single causes to be linked with corresponding effects. Such an atomistic and static picture of the driving forces of business success and decline often produces a superficial understanding of observed phenomena. This might be the case of Casa Florio, […]