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Monday, September 17, 2012

Systemic Thinking

Ateneo Professor on Entrepreneurship

This is a very important concept in entrepreneurship.   The relationship between cause and effect is not linear.  It is systemic:  (From Peter Senge:  Fifth Discipline)  like clockwork where there are hundreds of wheels turning with counterwheels;   a breakdown halts the entire clock;     or like an electronic chip where are myriads of transistors on a chip the size of a stamp.

One of the ideas about a system is that there are seven components:   inputs, outputs, throughputs, purpose (objective), human aid, catalysts, information aid.  (From Breakthrough Thinking by Hibino)

So we are posting events around the world, so that we are made aware that e.g . how will fiscal cliff affect PHL economy;  how will Romney/Obama victory affect world peace and security;  or the Grexit.

All these add up.  They can and do affect our lives and our enterprises.

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