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The Capacity of Companies to Create an Early Warning System for Unexpected Events – An Explorative Study

  • Johannes (Joost) PlatjeEmail author
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 11890)

Abstract

This paper presents a discussion of determinants of the capacity of companies to deal with unexpected events and an approach to the creation of a company’s Early Warning System. Capacity determinants discussed include: lack of functional stupidity, paradigms, general trust and awareness of fragility indicators. The results of research based on an explorative questionnaire are presented for two small Swiss and German companies. The working hypothesis for the research is that flatter organizational structures possess higher capacity to create an Early Warning System than more hierarchical organizational structures. There is some weak evidence confirming this hypothesis.

Keywords

Early Warning System Black Swans Knowledge management 

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Copyright information

© Springer-Verlag GmbH Germany, part of Springer Nature 2019

Authors and Affiliations

  1. 1.WSB University in WrocławWrocławPoland

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