Complexity is a consequence of living in a sandpile world

Gerrit Broekstra
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Gerrit Broekstra: Nyenrode Business University

Chapter 1 in Building High-Performance, High-Trust Organizations, 2014, pp 1-23 from Palgrave Macmillan

Abstract: Abstract In the business world, complexity has become the name of the game. The once still relatively rural global village has evolved into a sprawling, bustling, global city. New neighborhoods have sprung up energetically to economic prominence, while the overspending older ones have been complacently drowning in a quagmire of problems of their own making. Although the balance of power is shifting, all parts of this city are becoming more tightly interconnected and interdependent. The consequences of a seemingly insignificant event happening in one part of the city may unpredictably self-amplify, and spread uncontrollably like wildfire throughout the whole city, leaving its occupants in a state of dismay and feeling helplessly uncertain about their futures. Despite the ritual display of neighborhood leaders being firmly in control, there exists a general feeling that things are growing increasingly out of control.

Keywords: Stock Market; Critical State; Mass Extinction; Business World; Digital Equipment Corporation (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-41472-4_1

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DOI: 10.1057/9781137414724_1

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