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        The Science of Complexity : An Alternative Perspective for Strategic Change Processes

        Author
        Stacey, Ralph
        Attention
        2299/13004
        Abstract
        The two perspectives of strategy process most firmly established in the literature—strategic choice and ecology—assume the same about system dynamics: negative feedback processes driving successful systems (individual organizations or populations of organizations) toward predictable equilibrium states of adaptation to the environment. This paper proposes a third perspective, that of complex adaptive systems. The framework is provided by the modern science of complexity: the study of nonlinear and network feedback systems, incorporating theories of chaos, artificial life, self-organization and emergent order. Here system dynamics are characterized by positive and negative feedback as systems coevolve far from equilibrium, in a self-organizing manner, toward unpredictable long-term outcomes
        Publication date
        1995-08
        Published in
        Strategic Management Journal
        Published version
        https://doi.org/10.1002/smj.4250160606
        Other links
        http://hdl.handle.net/2299/13004
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