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Resilience in systems thinking is highly relevant to contemporary business issues and debates. It refers to the ability of a system to withstand shocks and continue functioning. This concept is crucial in today's volatile business environment where organizations face various challenges such as market fluctuations, technological disruptions, and policy changes. Resilience enables businesses to adapt and respond to these changes effectively. It is achieved through redundancy, which involves having multiple feedback loops operating through different mechanisms and time scales to accomplish the same goal. This ensures that no single feedback loop is left unsupported, enhancing the system's ability to recover from setbacks.
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Resilience arises from the dynamic structure of several feedback loops that have the ability to work in different ways to restore a system, even after a large setback. The key to this ability is redundancy – multiple feedback loops that operate through different mechanisms and time scales to accomplish the same goal. Make sure that no one feedback loop goes unsupported.
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How do you avoid wasted time, money, and resources from short-sighted decisions? When you think in systems, you can learn to recognize the relationshi...
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