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Essay / Research Paper Abstract
This 14 page paper has several sections beginning with a brief overview of complexity theory and general comments on this theory and management. The next section discuses the factors involved in creating a sustainable competitive advantage, such as focusing on core competencies, cross-functional teams, ordinary and extraordinary management. This is followed by a discussion on managing knowledge and intellectual capital. The last section comments on three management styles that may be useful for future organizations as they deal with change. Bibliography lists 10 sources.
Page Count:
14 pages (~225 words per page)
File: MM12_PGcmplx.rtf
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Unformatted sample text from the term paper:
is within the more general category of complexity theory (Rosenhead, n.d.). It is important to note there is no single theory of complexity, instead, "a number of different fields with
intriguing points of resemblance, overlap or complementarity" (Rosenhead, n.d.) have emerged (Rosenhead, n.d.). Kaufman explains that the science and theory of complexity grew "out of earlier forays in systems theory,
cybernetics, nonlinear dynamics, and chaos theory" (Keskinen, Aaltonen, and Kelly, 2003). Rosenhead (n.d.) explains that systems may perform in predictable and regular ways under certain conditions but under different conditions,
the systems may exhibit behavior that is neither predictable nor regular. Those changes in the conditions may be so miniscule that we do not even notice them but they can
lead to "diverging system reactions until eventually the evolution of behaviour is quite dissimilar" (Rosenhead, n.d.). Systems studied within complexity theory are dynamic in nature, which means that over a
period of time, they are capable of changing (Rosenhead, n.d.). Some do so in a slow and regular manner, the changes can be predicted, but other systems do not have
any sort of regularity in changing (Rosenhead, n.d.). These systems are unstable and they tend to "move further and further away from their starting conditions until/unless brought up short by
some over-riding constraint" (Rosenhead, n.d.). Physical sciences have discussed the concepts of stable and unstable systems but there is also something between these two ends and that is chaos (Rosenhead,
n.d.). Chaos or chaotic behavior in this setting means that while a system may have a number of regularities, the behaviors cannot be predicted (Rosenhead, n.d.). Rosenhead offers the example
of the changing weather, which is a good example - just consider three major hurricanes sweeping through Central Florida in five weeks. Complexity Theory and Management Complexity theory
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