Balancing control and chaos: cybernetics, fraud, and modern organizations with Dan Davies
Complex Systems with Patrick McKenzie (patio11)
Understanding Cybernetics in Organizational Systems
This chapter explores the concept of cybernetics and its significance in viewing organizations as technical systems shaped by mathematical principles. It examines the historical development of cybernetics post-World War II, the contributions of key theorists like Norbert Wiener and Claude Shannon, and its application in understanding information dynamics within economic and organizational contexts. The chapter also contrasts market dynamics with internal organizational structures, emphasizing the complexities of managing information and control systems.
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