Systems Science Friday Noon Seminar Series

A Holistic Approach to Managerial Decision Making



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Video: MP4; File size: 380 MB; Duration: 01:01:06




This talk aims at providing decision makers and scholars with a readily available tool and a brand-new approach so that managers and entrepreneurs know their decisions are mostly reliable and made on the basis of a sound scientific foundation. With this tool and approach scholars can investigate problems of managerial decision making by developing unprecedented insights and conclusions. To accomplish this practically significant and theoretically important outcome, instead of data mining and anecdotal analysis, this work establishes generally-true results by employing systems science and logic reasoning in general and the systemic yoyo model in particular. This theoretical, while intuitive, approach avoids all the serious limitations of econometric methods and anecdotal analyses.

Biographical Information

Dr. Jeffrey Yi-Lin Forrest, also known as Yi Lin, holds all his educational degrees in pure mathematics and had one-year post-doctoral experience in statistics at Carnegie Mellon University. He had been a guest professor of economics, finance, mathematics, and systems science at several major universities in China, including Nanjing University of Aeronautics and Astronautics. And currently, he is a professor of mathematics and research coach for the School of Business at Slippery Rock University, Pennsylvania, and the president of the International Institute for General Systems Studies, Inc., Pennsylvania. He serves either currently or in the past on the editorial boards of thirteen professional journals, including “Kybernetes: the International Journal of Systems, Cybernetics and Management Science,” “Journal of Systems Science and Complexity,” “International Journal of General Systems,” “The Journal of Grey Systems,” etc. Currently, Dr. Forrest serves as a co-editor-in-chief of the international journal “Advances in Systems Science and Application,” the editor- or co-editor-in-chief of four book series, “Series on Grey System (Springer, Singapore), “Systems Evaluation, Prediction, and Decision-Making (CRC Press, New York),” “Communications in Cybernetics, Systems Science and Engineering (CRC Press, Balkema),” and “Communications in Cybernetics, Systems Science and Engineering – Proceedings (CRC Press, Balkema).” Some of Dr. Forrest’s research was funded by United Nations, State of Pennsylvania, National Science Foundation of China, and German National Research Center for Information Architecture and Software Technology. As of the end of 2020, he has published well over 500 research works, including over 50 monographs and special topic volumes. Some of these monographs and volumes were published by such prestigious publishers as Springer, Taylor and Francis, World Scientific, Kluwer Academic, Academic Press, etc. Over the years, Dr. Forrest’s scientific achievements have been recognized by various professional organizations and academic publishers. In 2001, he was inducted into the Honorary Fellowship of the World Organization of Systems and Cybernetics. His research interests are wide ranging, covering areas like data analytics, economics, finance, management, marketing, prediction, mathematics, systems research and applications, philosophy of science, etc.


Decision making, System theory


Systems Science

Persistent Identifier


© 2023 Jeffrey Yi-Lin Forrest

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A Holistic Approach to Managerial Decision Making