Complexity

Complexity is a useful concept for the entrepreneur. It applies both to the entrepreneur's enterprise and to the business context in which the entreprenur and the entrepreneur's enterprise operates. Not only is a business a complex system, suppliers, customers, vendors, regulators, governmental entities, employees, competitors, and others are complex systems in themselves and together form a complex system.

From Wikipedia:

In general usage, complexity often tends to be used to characterize something with many parts in intricate arrangement...tied to the concept of a ‘system’ – a set of parts or elements which have relationships among them differentiated from relationships with other elements outside the relational regime. Many definitions tend to postulate or assume that complexity expresses a condition of numerous elements in a system and numerous forms of relationships among the elements. At the same time, what is complex and what is simple is relative and changes with time.

If you're interested in the concept, read the whole Wikipedia entry follow its links as it talks about complexity in all its complexity.

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