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A Multiattractor Model for the Dynamic Control of Companies

Author

Listed:
  • Chevalier, A.
  • Kunsch, P.-L.

Abstract

The dynamic behaviour of complex human organization in dynamic environments results from the interplay of multiple agents. In the particular case of commercial or industrial companies, the agents are for example the shareholders, the customers/consumers, the subcontractors/competitors, the workers/employees, etc. The role of the managers is to find and to maintain the adequate balance of resources between various management levels to respond to the conflicting interests of these agents without endangering the viability of the company.

Suggested Citation

  • Chevalier, A. & Kunsch, P.-L., 1998. "A Multiattractor Model for the Dynamic Control of Companies," Papers 98/138, Ecole Superieure de Commerce de Paris. Groupe ESCP-.
    • Handle: RePEc:fth:ecsucp:98/138
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    Cited by:

    1. Kunsch, P. & Chevalier, A. & Brans, J. P., 2001. "Comparing the adaptive control methodology (ACM) to the financial planning practice of a large international group," European Journal of Operational Research, Elsevier, vol. 132(3), pages 479-489, August.

    More about this item

    Keywords

    MANAGEMENT ; MODELS;

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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