System equivalence: the application of joint optimization

System equivalence: the application of joint optimization The concepts of joint optimization and socio‐technical systems have been in the literature for over 40 years. However, efforts to operationalize these concepts for managerial practice have not progressed at the same pace as the theory on joint optimization has advanced. This paper represents an effort to turn the theoretical concept of joint optimization into managerial practice by introducing the concept of system equivalence. In this paper system equivalence (the level at which all three systems (social, technical, and environmental) are mutually equivalent in value (is described to indicate how it should be used. This paper then discusses the usefulness of this concept for managerial practice. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Measuring Business Excellence Emerald Publishing

System equivalence: the application of joint optimization

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Publisher
Emerald Publishing
Copyright
Copyright © 2000 MCB UP Ltd. All rights reserved.
ISSN
1368-3047
DOI
10.1108/13683040010362328
Publisher site
See Article on Publisher Site

Abstract

The concepts of joint optimization and socio‐technical systems have been in the literature for over 40 years. However, efforts to operationalize these concepts for managerial practice have not progressed at the same pace as the theory on joint optimization has advanced. This paper represents an effort to turn the theoretical concept of joint optimization into managerial practice by introducing the concept of system equivalence. In this paper system equivalence (the level at which all three systems (social, technical, and environmental) are mutually equivalent in value (is described to indicate how it should be used. This paper then discusses the usefulness of this concept for managerial practice.

Journal

Measuring Business ExcellenceEmerald Publishing

Published: Dec 1, 2000

Keywords: Optimization; Business excellence; Social responsibility; Systems management; Organizational change

References

  • Institutions and Environments
    Scott, W.R

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