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Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))

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Abstract

Systems theory requires the use of undistorted information in approaching both the system as such, and its components, including the relation established between them. In the study of systems, the analysis of components is used to start with, and then their synthesis is done. The analysis-synthesis interdependence approach enables the development of some models that are simulated in practice in order to ensure an efficient management of systems. Systems theory places the study of automatically adjusted systems at its very centre. The management of systems must provide those actions of eliminating the negative consequences caused by distorting the information used in the system. Due to the constantly changing environment where any system performs its activity, its smooth operation involves assuming a particular risk from the managing system. Thus, a true theory of risk has developed, which in this issue highlights several opinions of specialists. Along with the theoretical approach of risk, there is also a pragmatic handling of it, meaning the actual way in which it manifests in practice. Concurrently with the development of the theory of risk, a theory of attitude has also developed, manifested to risk by the systems managers. There is a differentiation of managers regarding the attitude they have to risk. Opinions were developed for assuming the risk by managers and opinions according to which managers refuse the risk.

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Dima, I.C., Man, M. (2015). Considerations on Systems Theory. In: Modelling and Simulation in Management. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-16592-9_1

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