Introduction
Systems thinking is a branch of the complexity sciences which can be readily applied to modern-day risk management. It is also referred to as complex systems theory and systems theory.
The purpose of systems thinking is to try to understand how highly integrated and interactive systems operate and apply that knowledge to everyday management situations.
Unlike more mathematical complexity sciences such as computational and chaos theory, systems thinking is a practical field, and can be readily understood by most stakeholders.
Sources:
The information on this page is based primarily on the following sources:
- Webinar titled ‘An Introduction to Complexity and How it Influences Risk Management’, Session 1', delivered to REBOK community on 30 April 2019 by Warren Black, Principal and Founder, Complexus and Geoff Hurst, Principal, ENGENEOHS
Edited by Nadine Cranenburgh
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