Systems Theory Of Management

Overview

According to Systems Theory, an organization can be thought of as a system made up of various subsystems, such as departments, teams, or individuals, which are all interconnected and interdependent. Changes to one subsystem can have an impact on the entire system, and the success of the organization depends on how well these subsystems work together.

Systems Theory is important for project managers because it provides a framework for understanding the complexity of organizations and projects. By viewing an organization as a system, project managers can identify the various subsystems and their interdependencies, and take a holistic approach to project planning and execution.

By taking a systems approach, project managers can better anticipate and mitigate potential issues, and ensure that their projects are aligned with the larger goals of the organization. They can also identify opportunities for synergy and collaboration between different subsystems, and leverage these opportunities to improve project outcomes and overall organizational performance.

As a pre-read, please review the article on the systems theory of management at this URL.

Note

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Speaker(s)

Mithun A. Sridharan is an entrepreneur, cited author and keynote speaker on Strategy, Management and Digital Transformation topics. He is the Founder & Chief Advisor at INTRVU, an admissions and career services advisory, where he oversees strategy, career services operations, publishing, partnerships and product management. He is also the Founder and Chief Content Officer at Think Insights, a leading education portal on Strategy, Management Consulting, Leadership, Digital Transformation, and Data Literacy. Mithun is a bottom-line driven executive with experience in leadership and senior management roles in strategy, consulting and information technology industries. As a Global Industry Advisor and Senior Client Partner, he regularly advises executives at Fortune 100 clients on their strategic business transformation initiatives. His institutional experience traces Amazon Web Services and Oracle, market leaders in information technology as well as global management consultancies, such as KPMG, Publicis Sapient, and CGI (Logica). where he incubated and scaled several consulting practises. Mithun also had a 4-year stint with entrepreneurship at BlueOS LLC, where his leadership ranged from company incorporation to acquisition by a Swiss holding group. He is a regular speaker at several industry conferences and has extensive publications at such high-impact magazines as the World Economic Forum, the American Banker, Wired, Forbes, etc. He holds an MBA from ESMT Berlin, a Master of Science from Christian Albrechts University of Kiel, both in Germany and a Bachelor of Engineering from the University of Madras, India. He is based in Heidelberg, Germany and can be reached via LinkedIn.