Abstract
This article examines whether holistic systems thinking in a performance measurement context can benefit business development and managerial decision-making in innovative companies utilising a business network. A single-case study examines a logistics network entity consisting of multiple companies committed to an open business ecosystem seeking to create new business opportunities and proposes a testbed simulation tool to benchmark three distinct conceptual models. The systemic approach offers both operational and strategic benefits in supporting managerial decision-making to deliver process efficiency and generate customer value. Findings conclude that holistic business perspective governs the complexity of a logistic system via deeper qualitative investigation, while hard systems thinking captures the quantitative details of the system allowing network performance optimisation.
Original language | English |
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Pages (from-to) | 181-202 |
Number of pages | 22 |
Journal | International Journal of Logistics Research and Applications |
Volume | 25 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2022 |
MoE publication type | A1 Journal article-refereed |
Keywords
- Logistics networks
- management tool
- open business ecosystem
- performance measurement
- simulation
- systems thinking