Jennifer Baez
@jenniferbaez
Jennifer Baez
@jenniferbaez
A system is an interconnected set of elements that is coherently organized in a way that achieves something. If you look at that definition closely for a minute, you can see that a system must consist of three kinds of things: elements, interconnections, and a function or purpose
The
global economy is structured around growth — the idea that firms, industries and nations must increase production every year, regardless of whether it is needed.
It's easier to learn about a system's elements than about its interconnections. Many of the interconnections in systems operate through the flow of information. Information holds systems together and plays a great role in determining how they operate. Many interconnections are flows of information signals that go to decision points or action points
... See moreIn the face of uncertainty, our first instinct is often to reject novelty, looking for reasons why unfamiliar concepts might fail. When managers vet novel ideas, they're in an evaluative mindset. To protect themselves against the risks of a bad bet, they compare the new notion on the table to templates of ideas that have succeeded in the past.
... See moreBy delaying the task of fleshing out and firming up the speech, King allowed Jones to benefit from the Zeigarnik effect. In 1927, Russian psychologist Bluma Zeigarnik demonstrated that people have a better memory for incomplete than complete tasks. (Page 99)