Complexity is a phenomenon that manufacturing companies in particular, but not exclusively, have to deal with. When a system can or even must assume a large number of different states and this is difficult for humans to keep track of, we speak of complexity.
We live in a world in which markets change rapidly, so that old cause-and-effect relationships are no longer valid. The dilemma for decision-makers is obvious: On the one hand, the development and realization of new products, service systems and business models take time. On the other hand, companies can no longer be sure whether the market-ready offering is still "up to date" and will find buyers.
Do you know this? You read about interesting new product developments, but never experience that the product is even launched on the market. This is exactly where Complexity Management comes in: Creating an overview, sorting out profit killers at an early stage, increasing efficiency and generating product portfolios in line with the market - these are the benefits of Complexity Management.
Variety: Large number of different elements
Connectivity: Interfaces and interactions between the elements
Uncertainty: Unclear development and ambiguity
Dynamics: Temporal changes of elements and connections
Intransparency: Lack of information and unclear factors of influence