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Georgia State University System Thinking Paper

 

2)Read/ listen to the following and answer the questions

Ho, K. (2009). Liquidated: An Ethnography of Wall Street, Duke Univ. Press, pp. 257-258.
ABC News Video (2008). Lehman Brothers Boss Defends $484 Million in Salary, Bonus.
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a) What is the central issue?
b) What were the unintended consequences and how long did it take them to appear?
c) How could these consequences have been prevented?
d) Describe the issue in systems thinking terms as follows.

What is the variable of interest?
Is this issue better described as a Fixes-that-Fail or a Limits-to-Growth systems thinking archetype?
Generate a simple CLD that identifies reinforcing and/or balancing loops.

3) Read the following chapter, answer questions:
Hutchins, G. (2013). The Nature of Business. Module Three: Firm of the Future, pp. 67-91.
a) What are long-term consequences of maximizing short term profit?
b) What are Hutchins’ six business principles for the firm of the future?
c) How are these principles related to systems thinking?