Learn more about books with this collection
How to manage risk
How to analyze investment opportunities
The importance of long-term planning
What Is A System?
A system is an interconnected set of elements that is coherently organized in a way that achieves something . These systems must be comprised of three things:
- Elements
- Interconnections
- Function/purpose
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688 reads
MORE IDEAS ON THIS
Stocks & Flows
A stock is the foundation of any system. Stocks are the events of the system that you can see, feel, count, or measure at any given time. Stocks change over time due to the actions of a flow. Flows are filling & draining, bidirectional outcome cycles. A stock, t...
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419 reads
Reading Systems
Systems thinkers use graphs of system behavior to understand trends over time, rather than focusing attention on individual events. We also use behavior-over-time graphs to learn whether the system is approaching a goal or limit, and if so, how quickly. The variable on the graph is often a stock...
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383 reads
How To Spot A System
- Can you identify parts?
- Do the parts affect each other?
- Do the parts together produce an effect that is different from the effect of each part on its own?
- Does the effect, the behavior over time, persist in a variety of circumstances?
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488 reads
Examples Of A System
- Elements of your digestive system include teeth, enzymes, stomach, & intestines. The function of this system is to break down food into its basic nutrients & transfer it into the bloodstream while discarding the waste.
- A football team is a system with elements such as players, coac...
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437 reads
CURATED FROM
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Change how you see your organizational structure
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System Owner
All systems have a system owner, or a pair of system owners (we encourage pairing). For operationally critical systems, the System Owner is a Dev-Ops pair – that is, one person with a developer perspective and one person with an operations perspective.
The system owner is the “go-to...
Find a System that works for you
There are all kinds of time management systems, but the purpose of this course is not to sell you a particular time management system.
It's possible that you have a preference for a specific system, and when this is true, it's really in your best interest to try to ...
Economic system
An economic system is a system of production, resource allocation and
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