Complexity Theory Dominates The Narrative In Strategy Today Essay

Complexity Theory Dominates The Narrative In Strategy Today - Essay ExampleThus, it is distinct that organisations cannot carry on with preset strategies, and instead has to keep tab of all the happenings in its external environment and accordingly come up with strategies and reorient its organizational processes. This form of strategical management, where the organisation will keep on initiating new strategies according to its external environment, only comes under the Complexity theory. This theory views organisation in the main as part of a collection of structures, in which the organization could share some or maximum properties with other composite and adaptive environmental systems or structures. As the organisations share properties with these environmental systems, they will be able to adapt to that environment, reorient its strategies accordingly and emerge successful. So, this newsprint will critically discuss the strategic management view that Complexity theory domina tes the narrative in strategy today, by first providing the background of the Complexity theory. Then, the paper will analyse with sheath examples how the theory is practiced in an organization and how the strategist or leader or manager will play a role in that practice. The paper will also provide counter perspectives, before drawing to a conclusion. When the Complexity theory is viewed from an overall perspective, or when one focuses on the science of complexity, it emerges that it is the bailiwick of an evolving and adapting order in an otherwise orderly systems. That is, certain action is carried out, or naturally carries out in a specific order, without changing of set patterns, for example, flocking and bouffant scale migration of birds. However, even that set pattern have to be changed according to the constantly changing environment. So, the key is, the actions has to be moderated at the vicinity of edge, without late getting involved in preset practices. That is, one has to be fully prepared for any changes that might occur in their action path, and so they should operate in that path of prepared or ready to adapt state. According to McElory (2000), the systems that operate in the vicinity of the edge or even chaos in the first place exhibits strong bursts of creativity, thereby coming up with innovative behaviours and new patterns. These new patterns which enhances the ability of a system to adapt successfully to its environment are alter and repeated while those that performs below expectations and leads to failures are rejected in favor of radically new ones, almost as if a cosmic game of empirical were being played. (McElory 2000, p.196). Many concepts of the Complexity theory got originated and were researched at the Sante Fe Institute, located in New Mexico, USA. The institute was found in 1984 by George A. Cowan as an fencesitter research centre, where scientists from different disciplines including maths, physics, biology, informatio n technology, psychology, physiology, etc, etc with their computing expertise, conducted interdisciplinary work on the behaviour of complex adaptive systems, coming up with various postulations of the Complexity theory. (Rosenhead 2008). The elementary concept that resulted from this research under the Complexity theory is that, any collection of components as well as systems will evolve as well as organize itself, on the basis of changes in its external environment. The application of this concept in the field of business started