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What is Zero-Sum Game ?

A Zero-Sum Game is a situation where any gain by one part of the system results in an equal loss by another part of the system. In other words, the sum of all gains and losses is zero. This concept is often used in game theory and economic systems.

Additional Glossary Terms

Backcasting

Backcasting is a strategic foresight and anticipatory design method that operates in the reverse direction of traditional forecasting. Rather than predicting the future by extrapolating past or present trends, it

TASCOI Analysis

TASCOI analysis is a mnemonic and analytical tool used to define the identity of a system or organization by categorizing its specific stakeholder relationships and core purpose. It is often

Modelling

Modelling is a process that involves creating an abstract and simplified representation of a system. By examining the system’s components and their relationships, we can gain valuable insights and uncover

Journey Mapping

Journey mapping is a tool used to visualize the process that a customer goes through in order to accomplish a goal within the system. It helps in understanding the user’s

POSIWID

POSIWID is an acronym for “The Purpose Of a System Is What It Does.” It was coined by Stafford Beer, a prominent British management cybernetics. The concept of POSIWID suggests

Chaos Theory

Chaos Theory is a field of study that focuses on the underlying patterns and deterministic laws of dynamical systems. It emphasizes the “butterfly effect”, the concept that minor alterations in