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UNSUCCESSFUL PLANNING MODELS I HAVE KNOWN.

Authors :
Bucatinsky, Julio
Hall, William K.
Source :
Interfaces; Feb73, Vol. 3 Issue 2, p61-63, 3p
Publication Year :
1973

Abstract

The article discusses some unsuccessful planning models. The author's purpose here is to summarize some of the reasons why he believes contemporary planning models are having little useful managerial impact. He will first discuss three technical failures which are numerous but perhaps not too significant. Two conceptual failures in corporate modeling which are omnipresent and of critical importance will then be discussed. Technical failure is about failure to distinguish between measures of association and measures of causation. The current growth of planning models and planning information systems has led many modellers to develop their input/output relations from the statistical analysis of non experimental data bases. These tendencies seem to be especially prominent in the canned "instant modeling" software packages which are being marketed to business firms. The resulting relationships, which may exhibit exceptionally high degrees of association, say little or nothing about causation and explanation.

Details

Language :
English
ISSN :
00922102
Volume :
3
Issue :
2
Database :
Complementary Index
Journal :
Interfaces
Publication Type :
Academic Journal
Accession number :
6692851