The Firm as a Viable System

Gaetano Maria Golinelli and Mauro Gatti
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Gaetano Maria Golinelli: University of Rome-La Sapienza

Symphonya. Emerging Issues in Management, 2001, issue 2 Market-Driven Management

Abstract: The viable system logic is widely considered a reference point for all the entrepreneurial organizations. The viable organizations have to struggle for existence, a statement particularly valid, if we consider changes (adjustments, transformations, reorganizations) of logic and physical assets (logic and physical structure) as also specific configurations developed in time. As a consequence, a viable system can be defined as follows: it is a system that survives, remains united and entire; it is omeostatically equilibrated internally and externally; it contains mechanisms and opportunities to grow, learn, develop and adapt becoming more efficient in a proper context.

Keywords: Firm; Systemic Approach; Management Studies; Viable System, Market-Driven Management DOI: http://dx.doi.org/10.4468/2001.2.04golinelli.gatti (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (13)

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