1. The document discusses two model frameworks the author has used: SWOT/TOWS analysis for managing an organization's finances as a university treasurer, and a business model canvas to help a healthcare clinic develop a PCR testing business in response to COVID-19 demand.
2. Model-based management is defined as managing decisions based on models that document the current state and analyze the gap between that state and future directions.
3. Iterative multi-dimensional problem solving is described as considering problems from multiple levels, perspectives, and timesframes in an iterative rather than linear process. Examples given include considering a system's structure, function, processes, and context.
1. The document discusses two model frameworks the author has used: SWOT/TOWS analysis for managing an organization's finances as a university treasurer, and a business model canvas to help a healthcare clinic develop a PCR testing business in response to COVID-19 demand.
2. Model-based management is defined as managing decisions based on models that document the current state and analyze the gap between that state and future directions.
3. Iterative multi-dimensional problem solving is described as considering problems from multiple levels, perspectives, and timesframes in an iterative rather than linear process. Examples given include considering a system's structure, function, processes, and context.
1. The document discusses two model frameworks the author has used: SWOT/TOWS analysis for managing an organization's finances as a university treasurer, and a business model canvas to help a healthcare clinic develop a PCR testing business in response to COVID-19 demand.
2. Model-based management is defined as managing decisions based on models that document the current state and analyze the gap between that state and future directions.
3. Iterative multi-dimensional problem solving is described as considering problems from multiple levels, perspectives, and timesframes in an iterative rather than linear process. Examples given include considering a system's structure, function, processes, and context.
1. Yes, I have used 2 types of Model Framework when encountering problems.
a. During my university days, I served as head treasurer in an organization whereas I must
ensure that the organization's financial health is managed effectively, and treasurer must be able to aid support towards every event the organization’s plan to hold. Therefore, we identify our department’s strengths, weaknesses, opportunities, and threats. After that, we make strategic options based on SWOT using TOWS (Strength-Opportunity, Strength-Threat, Weakness-Opportunity, and Weakness-Threat) and implement some of the strategies. b. During my time working in Sales & Marketing departments of healthcare clinic, when COVID-19 occurred, there are high demand from company to provide PCR test at their company. Therefore, my director asks our department to create the business model canvas to identify all shareholders, the value, cost structure, the revenue, and all things that will be important. 2. Model-Based Management is a framework of how you see an organization running in ideal condition. A system can be called ideal when all components exist, however we have to understand what component should exist in order to ensure the organization runs smoothly. Therefore, model-based management is how you see something having an ideal condition with the surrounding components that build a system. Model-Based Management refers to the activity of managing and making informed decisions regarding the future direction of a business, process, or system(s) based on information gleaned and understood from models that document the current state by analyzing the gap between future directions and current state. 3. Iterative multi-dimension involves considering multiple aspects of a problem or system by examining it from its levels, perspectives, and times. It allows us to recognize that a problem or system is not one-dimensional, we need to see from multiple angles and dimensions. The process of solving it is never linear, it is iterative. a. Multi-level: There are two levels of iterative analysis which is we must understand the system itself and its dynamic based on the obstruction that makes the system cannot fulfilled its purpose. We can analyze it in 4F. b. Multi-Perspective: there are 5 dimensions which is Economics, Scientifics, Aesthetics, Ethics, and Politics c. Multi-Time: Systems are dynamic and evolve over time, we must see from Past to recognize and predict the future. 4. Interesting: a. Model-based Management can identify an issue because it is looking at the gap of future directions and current state. Therefore, it is useful to mitigate the risks of every decision we make. b. Marketing Mix 4Ps, Project Prioritization, SWOT/TOWS, Porter 5 Forces, McKinsey 7S Model, Business Model Canvas, and P3C are Model Framework widely used when encountering problem. c. In system thinking, problem solving is iterative. There are 4 F in iterative analysis of system which is Form (Structure), Function, Flow of Work (Process), and Figure out the Context. 5. Questions: a. What role does feedback play in a dynamic SWOT/TOWS? b. How can Systems Thinking help organizations prepare for uncertainties?