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In Resource Acquisition, be prepared to uncover strategic pathways to navigate your business successfully through growth phases, fueled by efficient and effective resource acquisition. It delves into how inventory levels, backlogs of unfilled orders, and other physical conditions can create pressures for expansion or contraction, illustrating these dynamics with tangible case studies and practical examples. David Packer’s work gives insights into the regenerative processes creating growth, the role of managerial policies in these processes, and ways for designing policies that promote desirable performance.
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Description
Resource Acquisition in Corporate Growth by David W. Packer is the second industrial dynamics study published by The MIT Press, originally published in 1964. The System Dynamics Society has updated the models in the book (copyright © 2023 by System Dynamics Society), using modern software (Stella, Vensim, and Studio), and they run as the original DYNAMO models. The Society has republished these classical books and had provided access to the models. What sets Resource Acquisition in Corporate Growth apart is its focus not only on the ‘what’ and ‘why’ of resource acquisition, but also the ‘how.’ David Packer demystifies the dynamics of resource acquisition, highlighting the significance of successful resource management in an expanding business context. The book offers in-depth insights into managerial delays and efficiencies, the absorption of professional effort, and the role of recruitment in augmenting professional capabilities. It also underscores the role of simulation modeling, offering practical tools to forecast resource needs accurately. Packer makes a compelling case for why businesses must understand these critical dynamics to avoid inefficiencies and maximize growth potential. In Resource Acquisition, be prepared to uncover strategic pathways to navigate your business successfully through growth phases, fueled by efficient and effective resource acquisition. It delves into how inventory levels, backlogs of unfilled orders, and other physical conditions can create pressures for expansion or contraction, illustrating these dynamics with tangible case studies and practical examples. David Packer’s work gives insights into the regenerative processes creating growth, the role of managerial policies in these processes, and ways for designing policies that promote desirable performance. Whether you’re a business professional seeking to enhance your understanding of resource management in a growing firm, or a student of business and management studies or industrial dynamics keen to grasp the intricacies of corporate expansion, this book is a valuable addition to your library.- Published in 2023 by System Dynamics Society
- Originally published in 1964 by The MIT Press.
- ISBN-13 Digital Ebook: 978-1-935056-31-7
- ISBN-13 Paperback: 978-1-935056-32-4
