Prologue from “Governing a Liquid Society – How to Save Democracy From Itself” In the past the Earth was populated by numerous civilizations. The Greeks, the Incas, or the Romans are just a few egregious examples. Because the temporal and spatial correlation between those civilizations was often non-existent, or very limited, if one happened…
Remember the recent British Airways IT meltdown? Problems with power supply are believed to have caused the crisis. Note the word “believed”. According to the mentioned source, when the power came back online, it did so in an uncontrolled manner, damaging the IT system and initiating a sequence of events that plunged the system…
The EU28 Resistance-to-Shocks (RtS) ratings. To navigate the Complexity Maps, click on the corresponding icon. Hover and click the mouse pointer over the squares on the map. The resilience (robustness) ranking is as follows: Analysis performed…
The complexity of modern products, as well as the associated manufacturing processes, has increased over the past few decades and there is evidence the trend will continue. Complexity means functionality. Consider how many things can be done with smartphones, in addition to making phone calls. Think of automobiles, which can maintain a constant distance from…
In a 2015 United Nations Trade and Development Conference report “Trade Slowdown” one reads: ‘As of 2014 the trends in international trade were largely driven by the sluggish economic growth and the persisting economic and political turmoil in various part of the world. From 2011 to 2014 world trade grew at a rate of less…
Short interview with Dr. J. Marczyk, the co-founder and Executive Chairman of Singapore-based Universal Ratings Pte Ltd. See video here.
The laws of systemantics apply to highly complex systems and situations. As you read these laws think of the EU and of the recently celebrated Brexit. Le Chatelier’s Principle: Complex systems tend to oppose their own proper function. As systems grow in complexity, they tend to oppose their stated function. A complex system cannot be…
The Global Financial Complexity Index™ (GFCI™) is a meta-index which measures the complexity of the global financial system. The GFCI™ is based on the closing values of the indices of the World’s main market indices and is computed on a daily basis. Essential to the global investor, the GFCI™ measures the ‘temperature’ of the…
The EU is a huge system of systems. In our previous blogs on the subject we have shown how the resilience of this system is still very low – just over 60% – and how its dynamics is difficult to govern and steer. Both those in favor and against the so-called Brexit are producing numerous arguments, projections and…
Why over 90% of projects finish late? There is plenty of literature on the subject. This is a good example. In multi-project environments, such as the one illustrated below things can get very complex as project share resources (financial, manpower, equipment, etc.). When it comes to project costs, similar statements can be made.…
