Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Published by: Rotman Management Magazine
Originally published in: "Rotman Management Magazine", 2015
Length: 5 pages

Abstract

Modern business problems are ill-defined, ill-structured and require collective action in order to solve them. As a result, the authors argue, modern business problem solvers need to embrace Model-Based Problem Solving. They describe a new discipline that is nurtured by decades of scientific thinking and practice, with four components: model building, model testing, model calibration and model fusion. Key to the approach is recognizing-and addressing-the issues that arise whenever people work together. They provide advice for harnessing disagreement and turning it into productive and generative tension.

About

Abstract

Modern business problems are ill-defined, ill-structured and require collective action in order to solve them. As a result, the authors argue, modern business problem solvers need to embrace Model-Based Problem Solving. They describe a new discipline that is nurtured by decades of scientific thinking and practice, with four components: model building, model testing, model calibration and model fusion. Key to the approach is recognizing-and addressing-the issues that arise whenever people work together. They provide advice for harnessing disagreement and turning it into productive and generative tension.

Related