Summary
Summary Understanding and Managing Complexity Risk
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Uploaded on
26-04-2022
Written in
2014/2015
New companies with complex structures have had to adapt to the risk involved in managing their type of organizations, which means that these firms are now paying more attention to internal structure and the risks associated with complexity without ignoring potential external threats. What this means is that as a firm grows, the vulnerabilities will also grow, the possibility of flaws, process errors, and broken systems will also increase, therefore, growing companies, and those with complex structures, must devote a great deal of attention to this matter as even minimal mistakes in one level of the organization may trickle down a cascading effect with huge consequences.
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Institution
South Texas College
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Document information
- Uploaded on
- April 26, 2022
- Number of pages
- 1
- Written in
- 2014/2015
- Type
- Summary
Subjects
- business
- administration
- management
- economics
- human
- resources
- managing
-
complexity
-
risk
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