Rescuing Prometheus by Thomas P. Hughes
Author:Thomas P. Hughes [Hughes, Thomas P.]
Language: eng
Format: epub, mobi
ISBN: 978-0-307-77326-5
Publisher: Knopf Doubleday Publishing Group
Published: 2011-01-05T05:00:00+00:00
Pleased by the ease with which he could help solve a troublesome problem for GE, Forrester made a long-term study of industrial processes and common problems encountered as companies expanded. The young but experienced managers who returned as Sloan Fellows to take his seminars helped him identify such problems and to analyze company structures. He applied system dynamics to problems involving more subtle and less tangible considerations than those associated with inventory levels and their physical variables. In 1961, he described his approach in the book Industrial Dynamics. He acknowledged that the industrial dynamics approach drew heavily upon his military systems research into information processing and control that used digital computers. He added that the primary source of his industrial simulation models was the design of air defense systems.86
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