Managing Failure: Systems Thinking and the Butterfly Effect

Managing Failure: Systems Thinking and the Butterfly Effect
Failure may not always be completely preventable, but with the right thinking and PLM platform, it should always be manageable.
May 18th, 2021
The 2021 Texas power crisis was the result of many things—being unprepared for an extreme snowstorm, inadequately winterized power equipment, power grids isolated to the state, and so on. However, it’s fair to say this crisis was largely a miscalculation of risks. It was a failure to predict and mitigate a series of compounding factors, which led to a break under pressure. We can call it a failure in Systems Thinking.

Related Keywords

Texas , United States , , System Thinking , Systems Thinking , Digital Thread , டெக்சாஸ் , ஒன்றுபட்டது மாநிலங்களில் , அமைப்பு சிந்தனை , அமைப்புகள் சிந்தனை , டிஜிட்டல் நூல் ,