Title :
System of systems understanding of Modern Corporations
Author :
Vinnakota, Tirumala
Author_Institution :
Bus. Syst. & Cybern. Centre, Tata Consultancy Services Ltd., Hyderabad, India
Abstract :
The approaches or theories used for understanding the management of firms/corporations in the past are non-systemic. These approaches do not provide the systemic view of Modern Corporations and resulted in wide spread failures or in- voluntary takeovers in recent times. A Systemic framework to aid in the understanding of Governance, Management and Operations in Modern Corporations is proposed. The modern corporation is considered as a system of systems (SoS) in order to understand the corporation holistically. This understanding will aid in design of the system of systems and also a guiding framework for the Systems Architecture is proposed.
Keywords :
corporate modelling; system theory; SoS; corporate governance; management system; modern corporation; operation system; system of systems understanding; systems architecture; Board of Directors; Business; Complexity theory; Cybernetics; Monitoring; Periodic structures; Systems engineering and theory; Governance System; Management System; Modern Corporation; Operations System; System of Systems; Systems Architecture;
Conference_Titel :
Management of Innovation and Technology (ICMIT), 2012 IEEE International Conference on
Conference_Location :
Sanur Bali
Print_ISBN :
978-1-4673-0108-4
DOI :
10.1109/ICMIT.2012.6225880
