Business Modeling 2009
DOI: 10.1016/b978-0-12-374151-6.00010-0
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Business Model Analysis

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“…According to systems thinking theory, linking multiple feedback loops together creates a concise narrative about the complex problem being explored (Lannon 2016); however, CLDs are rarely simulated, as they do not provide enough information to explain uncertainties. Therefore, CLDs are primarily used as an intermediate mental model step before developing the system dynamics model (Bridgeland and Zahavi 2009). For the national wind workforce assessment, the causal loop diagram linked two balancing loops together, with one of the loops representing the supply of the wind workforce and the other loop representing the demand.…”
Section: Model Creationmentioning
confidence: 99%
“…According to systems thinking theory, linking multiple feedback loops together creates a concise narrative about the complex problem being explored (Lannon 2016); however, CLDs are rarely simulated, as they do not provide enough information to explain uncertainties. Therefore, CLDs are primarily used as an intermediate mental model step before developing the system dynamics model (Bridgeland and Zahavi 2009). For the national wind workforce assessment, the causal loop diagram linked two balancing loops together, with one of the loops representing the supply of the wind workforce and the other loop representing the demand.…”
Section: Model Creationmentioning
confidence: 99%