Complexity: A New Way of Working and Thinking-
And A Tremendous Advantage for Organizations
"Complexity is a powerful new way of working and thinking ideally
suited to the fast pace of change in the 21st Century. Organizations
which have taken advantage of this new knowledge find that they are more
innovative, work is more fun, their people and customers are more satisfied,
and income and profits improve as a result. It is tremendously important.
Many who understand it believe it will become widely practiced as the
century moves forward. It provides a powerful competitive advantage for
companies and organizations which must adapt to a constantly changing
environment, which prize innovation and creativity, and which want to
leverage the full energies of their people."
Keywords: community economic development, complexity
What Should Policymakers Know About Economic Complexity?
September 13, 1997, Steven N. Durlauf, Santa Fe Institute
"Economists have begun to use complex systems as the basis for
formal modeling precisely in order to understand certain aggregate
features of environments which are characterized by many heterogeneous actors.
Families make community choices on the basis of expectations
concerning community characteristics; these characteristics in turn
evolve in response to individual choices.
our understanding of economic phenomena by illustrating how various
types of microeconomic structures lead to particular aggregate economic
Keywords: economic policy, social interactions, complex systems
The Canadian Community Economic Development Network (CCEDNet)
"CED can be defined as action by people locally to create economic
opportunities and enhance social conditions in their communities on a
sustainable and inclusive basis, particularly with those who are most
disadvantaged. CED is a community-based and community-directed process
that explicitly combines social and economic development and fosters
the economic, social, ecological and cultural well being of communities.
CED has emerged as an alternative to conventional approaches to
Keywords: community economic development, CED, Canada