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How to manage risk
How to analyze investment opportunities
The importance of long-term planning
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 or a flow.
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MORE IDEAS ON THIS
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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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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:
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690 reads
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