Why Partner With Us > Complexity Science > FAQs
What Is Complexity Science?
Complexity Science began in 1984, at the Santa Fe Institute, where
researchers from diverse fields gathered to: study how multiple, adaptable,
interconnected systems behave; explain how different system variables interact
to impact outcomes; and better clarify how these variables adapt to alter
outcomes over time. Examples of systems studied early on, include: financial
markets, ecosystems, the brain and evolutionary biology.
How Can Complexity Science Help Your Business?
Complexity Science is the interdisciplinary study of complex adaptable
systems that serves as the framework for "pulling it all
together". Complexity Science is a means to an end. It is an analytical
perspective that brings varied disparate data, market variables and business
operating systems under one "lens"—enabling business decision makers
to closely examine their multifaceted business environments and better
understand critical interdependencies, predict market impact and outcomes over
time, and determine actions and requirements key to achieving desired business
results.
In business terms, systems can consist of many variables, such
as: brands, consumer markets and segments, customer preferences, employees,
touch points, media spending, marketing campaigns, macro economic conditions,
resource variability, pricing, competitive offerings; even weather patterns that
affect sales. Some examples of Complexity Science outputs include predictive and
ROI models, simulators and business systems schematics.
Are Various Analytical Tools Used as Part of a Complexity Science Engagement?
By embracing Complexity Science as a reality of the marketplace, we can make
use of powerful methodological tools to better understand the
dynamics of our markets. These tools include:
Back to Complexity Science
|