Globalization Globalization represents the proliferation of relations on a global scale. The abstract phenomenon of globalization is one of the major processes of change in our world today. It is a social, cultural, technological and of course economic phenomenon. On a theoretical level, it is a process whereby the reduction in transaction costs leads to [...]


Management Course


It is often said that we live in an increasingly complex world, the pace of change, the degree of connectivity and the scale of operations are leading to rapidly escalating complexity in many domains. As our industrial age systems of organization are ending their lifecycle, globalization, and information technology are taking us into a much more complex world and enabling the emergence of new forms of networked organization. This transition is in turn driving a fundamental transformation in our theory and methods of management, one that goes beyond our traditional paradigm designed for dealing with relatively static, hierarchical organizations within relatively stable and predictable environments, to more complex networked organizations that are adapted to operating i

Management Course2019-01-06T14:51:34+00:00



Ambiguity is the quality of being open to more than one interpretation. It results in the haziness of reality; the potential for misreading and mixed meanings to conditions. In relatively simple environments we can have simple linear cause and effect models that are




Uncertainty is the inability to know everything fully. It is a fundamental property of complex systems primarily due to, the large number of elements, high interconnectivity, interdependence, nonlinear interactions and coevolution.


Busness Volitility


Business Volatile Complex systems and complex environments are often volatile, due to their inherently dynamic nature, their capacity for rapid phase transitions and systemic shocks. Rapid technological development, expansion into a more heterogeneous global economy, heightened connectivity and changes within the natural environment are some of the major factors in the increase in volatility and [...]

Busness Volitility2018-06-19T18:28:22+00:00

Network Organizations


Network Organizations Networked Organizations are open systems of organization that connect people directly peer-to-peer through informal networks of collaboration.View Source Network organizations may be seen as a product of the heightened connectivity brought about by the advent of information technology and a response to the more complex environment organizations operate within in the 21st [...]

Network Organizations2018-06-19T18:28:54+00:00

Organizational Self-Organization


Organizational Self-Organization Organizational self-organization describes how organization within a team can emerge from the bottom-up without top-down structure. Self­-organization is one of the major themes within complex systems and a pervasive phenomenon in our world, complex organizations like schools of fish, ant colonies, and car traffic manage to organize themselves into emergent patterns without any [...]

Organizational Self-Organization2018-06-19T18:29:08+00:00

Platform Organizations


Platform Organizations Platform organizations are a new form of open organization that harnesses the reduction in transition costs enabled by IT to build web-based platforms where people can exchange goods and services in a two-sided market, thus breaking down the divide between producer and consumer to create ecosystems where value is co-created and exchanged by [...]

Platform Organizations2018-06-19T18:29:17+00:00

Management System Dynamics


System Dynamics System dynamics is a systems-­based approach to modeling complex organizations that is focused on feedback loops, stocks and flows. System dynamics is a modeling language from systems theory that is used in the management of organizations in order to try and capture how local causal links and feedback loops interact over time to [...]

Management System Dynamics2018-06-19T18:29:27+00:00
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