Business Cybernetics

The formal study of systems dates back to the 1940s with the emergence of cybernetics, which took insights gained from the invention of computers and applied them to other domains. In cybernetics, a system is viewed as an assembly of components that interact to produce collective behavior. Computers are systems, of course, but so are plants, animals, ecologies, nations, companies, factories, and, yes, supply chains. The key insight of cybernetics is that there are common principles across all these different kinds of systems, principles that help explain the behavior of each. Knowing something about systems in general really does help you understand business systems in particular.

One of the key contributions of cybernetics ...

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