Business management and everything to do with biology

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At its creation, Systems Theory (or The Systems Approach) had nothing to with business management and everything to do with biology. That's because Ludwig von Bertalanffy (1901-1972) - a biologist at the time - founded general systems theory (GST) in an attempt to refute reductionism and revive the unity of science. The premise of general systems theory is that a system is composed of interacting elements that are affected by their environment. Because of this interaction, the system as a whole can evolve (develop new properties) and self-regulate (correct itself). When applied to business, experts shorten "general systems theory" to just Systems Theory. In actual fact, Systems Theory is more a perspective than a fully formed practice. Systems Theory encourages you to realize that your business is a system and is governed by the same laws and behaviors that affect every other biological organization. This introduces such concepts as:

Reference no: EM133662820

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