Under such circumstances, making an optimal decision is challenging. Characterisation of an BPSS tool is a challenging task due to the complex selection criteria that includes quality of visual aspects, simulation capabilities, statistical facilities, quality reporting etc. An effectual business process simulations software (BPSS) is a prerequisite for accurate analysis of an BP. Minimising the risk of inappropriate BP being implemented is usually performed by simulating the newly developed BP under various initial conditions and “what-if” scenarios. 57-80.The omnipresent need for optimisation requires constant improvements of companies’ business processes (BPs). (2017), "Supporting start-up business model design through system dynamics modelling", Management Decision, Vol.
The author guidelines for Management Decision state that articles must be fully referenced. (2016), ‘Business model analysis using computational modeling: a strategy tool for exploration and decision-making’, J Manag Control 27, 61–88. Cosenz, (2017), ‘Analyzing Business Dynamics of Ride-Hailing Services - A DPM Approach Applied to Uber Inc.’, 35th International Conference of the System Dynamics Society 2017, Proceedings of a meeting held 16-20 July 2017, Cambridge, Massachusetts, pp. These sources were: Federico Cosenz (2018), ‘Supporting public sector management through simulation-based methods: a dynamic performance management approach’, International Review of Public Administration, 23:1, 20-36, DOI: 10.1080/12294659.2018.1432978. In addition, a source drawn upon was not sufficiently attributed. 57-80, has been found to include similarities to the author’s own previously published works, which were not referenced in this article. (2017), “Supporting start-up business model design through system dynamics modelling”, published in Management Decision, Vol. KeywordsĬorrigendum It has come to the attention of the publisher that the article Cosenz, F. However, few attempts have been produced to overcome such limitations, while the adoption of SD is relatively new in supporting BM design. Growing interest for BMs appears in the recent strategic management literature with research highlighting strengths and shortcomings.
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