As globalization is increasing its reach, we all are witnessing an unprecedented explosion of global complexity. We are all becoming globally distributed. It is not about one location, one market, limited competition, specific life-long products – it is really a dynamic world that we have created for ourselves. The so called flattening of the world also increases its complexity.
The complexity gets reflected in the increasing number of alternatives available to choose from – it is the agile, the faster, the quicker who are winning – how fast one innovates is more important than how accurately one innovates. This increases the need for more analysis with associated information de-coherence. The connections – hidden as well as visible – are increasing. The networks are increasing at an unprecedented rate. Furthermore, there is a fundamental issue of framing the right problem before solving the problems. Read more...
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