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Resource allocation

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Most organizations can't execute strategy. Complexity is their enemy. A shared model (vision) of the strategy is the best way to cut through complexity. Unfortunately, developing clear and compelling visions to guide organizations is an art mastered by very few leaders. Are we condemned to wander aimlessly until a great leader develops a vision? System dynamics can make a science of visioning. Managing from Clarity provides a roadmap for introducing systems thinking to your organization. Read it; it's a snapshot of how strategy will be managed in the 21st Century. (David P. Norton, President, Balanced Scorecard Collaborative, co-author of the best-selling The Balanced Scorecard and The Strategy-Focused Organization) If you're not a systems thinker, you're not a good business leader. A few born leaders do it through intuition. For all the rest, there's Managing from Clarity. The book will spell out for you how to build your strategic agenda and how to align your leadership team around it. (Francis Gouillart, CEO, Emergence Consulting, co-author of the best-selling Transforming the Organization) Since Jay Forrester published Industry Dynamics and single-handedly laid down the foundations of system dynamics, several of his disciples have conducted many powerful consulting interventions in corporations all over the world. Three decades later their practices are still transmitted mostly through apprenticeship, thus limiting the expansion of the discipline and the benefits it brings to the world. With this book, Jim and Hal turn the art of system dynamics interventions into science for the first time. For those of us who live the successes and the frustrations of organizations every day, this is a gift every bit as wonderful as Dr. Forrester's. (Jorge Rufat-Latre, Director, Strategos) This method really works! In 1999, the Strategic Decision Simulation Group applied the methodology described in this book to a pilot urban planning initiative in Honduras' capitol cit

Management. --- Resource allocation.

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The use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually £150 billion of public service expenditure is distributed using formulae, in services such as health care, local government, social security and higher education. This book offers a comprehensive introduction to the theory and practice underlying the use of such formulae as a basis for funding public services. The philosophy, design and economic consequences of funding formulae have become key policy issues worldwide. However, till now, there has been no text which brings together the economic, statistical and political issues underlying formula funding. This key book fills that gap. Written by a leading international expert on the design of funding formulae, this important book includes empirical evidence from a range of countries and will be a valuable resource for all those involved in this field.

Municipal services --- Resource allocation.

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In the context of a relatively benign international environment with limited balance of payments needs, recourse to Fund resources has declined across several dimensions: fewer GRA arrangements; lower outstanding Fund resources; and a smaller average access under new PRGF arrangements.

Resource allocation --- Mathematical models.

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We develop a model that shows how rent-seeking behavior on the part of division managers can subvert the workings of an internal capital market. In an effort to stop rent-seeking, corporate headquarters will be effectively forced into paying bribes to some division managers. And because headquarters is itself an agent of outside investors, the bribes may take the form not of cash, but rather of preferential capital budgeting allocations. One interesting feature of our model is a kind of socialism' in internal capital allocation, whereby weaker divisions tend to get subsidized by stronger ones.

Resource allocation --- Mathematical models.