
Systems Thinking for Business and Management
by Umit S. Bititci and Agnessa Spanellis
Organizations, markets, and economies are systems, analogous to ecosystems. This clearly-written, 278-page textbook written by professors from Edinburgh Business School and the University of Edinburgh introduces key concepts in systems thinking, including methods for modeling them and analyzing their behavior.
It is said that the purpose of higher education is to teach students to think. In this spirit, I believe future decisionmakers and policymakers would be well served by a course in systems thinking. I think every business school should include this subject in its curriculum.
“To understand the real value of systems thinking, we need to recognize that nothing in this world exists in isolation and that everything is connected to something else. Everything is affected by something and potentially affects something else. With systems thinking, one can begin to understand, explain, and predict why complex systems such as organizations, people, and societies behave the way they do.”
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