Search results for " managerial cybernetics"

Complexity and Action. A Cybernetics Perspective to Decision Making - Plenary Lecture

2013

The problem often faced by some approaches to complexity is that of the abstraction from the competition character of action. Man often is not rational, because of his cognitive limits, his heuristics of thought, and his passions of which the most dangerous is fear. To be aware that the world is complex and there is no way to forecast the future is something that can scare at the point to inhibit decision and necessary action. Today there is a lot of talking about how the world, hence the markets, the social and business environment is complex, but few real proposals about what to do. The temptation coming from reductionist models and the reason why they are still so strong in the manageria…