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.
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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.
VUCA is an acronym representing Volatility, Uncertainty, Complexity, and Ambiguity. It’s a term used to describe the multifaceted and challenging environment that organizations navigate today. The concept, which originated in
The concept of the ideal type is rooted in the work of sociologist Max Weber and serves as a fundamental theoretical tool in systems thinking for understanding complex realities, classifying
The term “mess,” coined by Russell Ackoff, refers to a complex system of interconnected problems that cannot be addressed in isolation. It emphasizes that attempting to solve individual problems within
Groupthink, a term coined by social psychologist Irving Janis, is a phenomenon that occurs when the desire for harmony within a group leads to poor decision-making.
Lorenz attractor, discovered by the American meteorologist Edward Lorenz, is renowned for its chaotic and unpredictable nature. It demonstrates a sensitive dependence on initial conditions, which means that even minuscule
Multimethodology refers to the practice of combining different systems methodologies, models, and methods within a single intervention to address complex real-world situations. It emerged as a response to the growing
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