by: Monica Douglas
In combining the hybrid business model and systems thinking, we will be able to create needed sector change in the education system. Here is our rationale:
“Systems-thinking provides a framework to identify events that should be considered during risk assessment by (a) creating a map of the organization’s value chain that specifies relationships among the atomic components of the business model, and (b) using a taxonomy of categories to analyze those relationships and identify events that could threaten business process performance.” International Journal of Accounting Information Systems
“My favorite tool to support systems thinking in business is the multi-capital model used in integrated reporting. This model sees the key resources of a company as capital, including purpose, profit, people, property, partners and planet. Companies are stewards of their capital even though they don’t own most of it. The goal is sustainable value creation that enables a company to create value and profits today while also ensuring that they can do the same tomorrow.” Mary Adams
“A systems view of organizations leads to a different collection of problems to address. Traditionally, managers manage with output or financial data. Their view of the organization is thus conditioned by the data they use. Problems are thought of as variations from budget and such variations attract management attention. While such a view will show up problems of cost, the causes of costs is a different question and can only be addressed from a different perspective. Only a systems view will illuminate the opportunities and scope for improvement.” Professor John Seddon
“Many of the most important concepts underlying both the science of climate change and our responses to it can be understood using systems thinking concepts. ‘Systems thinking’ approaches take a holistic, long-term perspective that focuses on relationships between interacting parts, and how those relationships generate behavior over time.” Professor Juliette N. Rooney-Varga
“With a hybrid model, you can deliver stability and efficiency, while also giving in to necessary risks that lead to innovation and competitive edge, the common results of responding quickly to change.” Heather Champoux
We know how urgent this is. Our business model is therefore built on partnership. We recognize that our success hinges on building a vibrant ecosystem.
So, we want to be invested in the success of each end user, developer, and partner we work with. At the foundation of it all is our belief that when we innovate for one, we all benefit.
This intersection of innovation and success will create tremendous opportunity for everyone in our ecosystem. It will be a virtuous cycle that keeps building on itself and giving back to itself.