Applying system archetypes in real estate development crises

Amr Abdel‐Latif, Ahmed Saad‐Eldien and Mohamed Marzouk

Systems Research and Behavioral Science, 2021, vol. 38, issue 6, 911-922

Abstract: Real estate development organizations are working in an environment that is associated with uncertainties due to the complexity of their structure and operation systems, which make them more prone to crises events. Therefore, a proactive approach for crisis management should be integrated with their long‐term strategies. System archetypes have the ability to unfold the complexity within these organizations and to provide them with an effective aiding tool in this management process. Identifying crises' scenarios and deploying them on system archetypes are essential in order to make the archetypes functional and operative. The standard archetypes in their qualitative form clarify crises' symptoms, characteristics, root causes and consequences. While in their quantitative form demonstrate with numbers the positive impact of the adopted containment strategy. The outcome of the deployment process provides a comprehensive knowledge about crises' scenarios and their containment policies that enhances the decision‐making process within the organizations.

Date: 2021
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