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Complexity

In: Embracing the Black Swan

Author

Listed:
  • Khalil Dindarian

Abstract

Organizational Resilience is explored through the theoretical lens of complexity, which in turn enables the creation of an Enterprise Resilience Framework. An understanding of how Complexity Theory works allows management to build sustainable business continuity by improving decision-making capabilities and processes that are highly responsive to unexpected changes that occur both internally and in the broad environment. The delivery of a complex product into the global market must take into account the many elements involved that are not only complex in themselves but in the way they interact with each other. Complexity Theory can be applied to solving complex decision-making problems based on uncertain information, strategy, project performance and supply chain management, all of which require effective information processing and managerial interaction, along with the integration of information such as ideas, roles, skills and knowledge.

Suggested Citation

Handle: RePEc:spr:fuobcp:978-3-031-29344-3_4
DOI: 10.1007/978-3-031-29344-3_4
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