When an enterprise is successful and grows in size, there is inevitably an increase in the number and quality of interdependencies, i.e. exchanges with other parts of the network of enterprises it is part of. These can include information, money, manpower, and goods etc. This leads to a double level of complexity: one level is […]
Destroying the markets with flawed assumptions
Today’s blog post is by team member Dr. Giovanni Siepe, a theoretical physicist by training and an expert in statistical methods for management. The Nobel Prize in Economics for 2011 went to Thomas Sargent and Christopher Sims. The reason for assigning the Prize to Prof. Sargent is his model on cause and effects as applied […]
Learning to connect the systemic dots
In Toronto, this morning’s paper came with a copy of ‘Corporate Knights – the magazine for Clean Capitalism’. In her Publisher’s Note, Karen Kun raises an urgent question: “In an increasingly interconnected global community, students will need to apply systems thinking on a level not seen by previous generations… If such principles are not included […]
