Tue May 29/ 2007 – 5:10 pm MST
Earlier we were discussing risks of cashflow. The argument is that they are mostly symptomatic of other problems, and the real risk arises from not modeling and managing cash behaviour. This leads of course, to – how exactly do we do this?
When we first started our operation , there weren’t that many transactions, and an […]
Thu Feb 22/ 2007 – 12:40 pm MST
Control of Complex Mechanisms
Our next step in systems theory emerged from a curious meeting, both of thought, and of people. The needs of the second world war had led to some significant challenges. The introduction of aircraft in world war one, has led to the deployment of anti-aircraft guns, first on land, and then later […]
Mon Feb 19/ 2007 – 12:36 pm MST
Businesses are complex entities. A human being is complex, and two human beings is even worse – and lets not talk about marriages. Market economies are very complex, and so are financial markets and labour markets. Anyone who has filled out an income tax return knows that governments appear to delight in making otherwise simple […]
