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Posts tagged as “Ripple”

Open Systems Thinking

Open Systems Thinking is a holistic approach to understanding, analyzing, and designing systems (like organizations, ecosystems, or machines) by recognizing that they are in continuous interaction with their external environment.

Defect Reduction

Defect reduction is about more than fixing mistakes after they happen; it’s about building systems that prevent errors from occurring in the first place.

International Debt Relief

International debt relief is the partial or total forgiveness of debt owed by nations, typically developing countries, to other nations, multinational organizations, or private creditors.

Chaotic Economies

These chaotic economies emerge from the complex interactions of millions of actors, institutions, and external forces, creating patterns that resemble turbulence in nature more than the smooth lines of economic theory.

Bank Runs Are Contagious

This creates a problem because banks operate on a fractional reserve system, meaning they don't keep all of their deposits in cash on hand. Instead, they lend out a majority of that money to borrowers or invest it in other assets.

McKinsey 7S Framework

Developed by consultants at McKinsey & Company in the early 1980s, this framework posits that there are seven interconnected internal elements that an organization must consider to ensure effective performance and a seamless response to challenges.