Complexity Science / Reductionism
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The classical approach to business analysis is reductionism, which examines a system by
taking it apart and understanding its constituent elements. This approach works well for
many phenomena both in the business and natural worlds.
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Traditional business analysis is being revolutionized through complexity science.
Complexity science is the study of systems composed of many and varied parts that interact
in complex and non-linear ways. Complexity science recognizes that such systems cannot be
understood simply by understanding the parts - the interactions among the parts and the
consequences of these interactions are equally significant. Icosystem looks at business
environments in their entirety, recognizing that they are more than the sum of their
parts. This fundamentally new approach often yields deep new insights into the ecology of
business sectors and the opportunities that can emerge.
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