GSIF09 SUMMARIES
Master Class 2: Generating High Returns on Green Investments: Innovating How to Make China Both “Greener” and “Richer” Friday, 2 October Led by • Jed Silling T21 incorporates economic, social and environment relations into single long-term structure based on real world relations. It helps public, private and people sectors better understand one another and coordinate their programs. One key feature is that this dynamic simulation tool allows different factors to be observed over time. With T21, team-building and networking across ministries and government agencies are effective. General Motors (GM) in China used the model to persuade China to revise tax and other regulations to spur car sales. GM adapted its mix of cars to the structure of market demand and became the most profitable division. T21’s integrated dynamic models have been vital for GM’s sales forecasts. T21 sets up the basis for collaboration between different seemingly unrelated sectors, and its basic structure is adapted to client specific issues. T21 incorporates available sector models and other information into a holistic framework that shows all the relationships—gathered from meeting people all over the sectors. - T21 is calibrated against actual data to validate itself and reveals a lot of building model and identifying where innovation is needed.
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