System Feedback Systems approach. The young entrepreneur's dictionary



	Entrepreneurs
	sound health
	strength, energy
	arithmetics
	decision-taking. Logic. intuition.
	common sence
	sence of humour, self-criticism
	ability to carry a risk
	ability to get on with people
	mental outlook and erudition
	sharpness, promptness, coordination.

	Balance
	customers - staff
	resources-result
	family-activity
	assets - liabilities

	Customers
	needs - people
	needs - companies
	introduction into psychology
	advertising
	relations with customers

	Employees
	motivation
	responsibility
	knowledge, skills, habits
	professionalism
	efficiency
	productivity
	speed
	mindfulness
	mutual dependence, friendship
	payment for labor

	Modeling
	geometry, picture, drawing
	object, property, action
	system, feedback
	the "as we have" and "as we want" models
	transformation, transfiguration

	the World we live in
	cycle, rhythm, oscillations
	waves, light, color, sound
	electromagnetic fields
	time
	space, size, distance
	mass, volume, quantity

	classical elements and materials
	plants
	animals
	human
	family, community
	society

	Business
	economy
	markets
	technological structures
	innovations in microbusiness
	people in business
	organizational models
	microbusiness, smallbusiness, microteam
	development stages
	manufacture
	trade
	services

	Management
	goals
	ideas
	time
	projects
	customer relationship
	staff relationship
	information
	resources
	finances
	risks
	cooperation

	world-view, ideology
	dictatorship
	democracy
	monarchy

	leadermania, fake-hierarchy
	role management sound hierarchy
	leadership
	non-standard structures

	strategy
	tactics
	planning, tasks
	function
	action, result

	System Feedback

ANY BUSINESS IS A Compound system - the system within a system.

When treating Business as a system, one can create an efficient company, manage projects properly and develop own Business.

SYSTEM -

is something whole, composed of several ordered elements. There are certain connections between system's elements.

elements of the System do not have properties, which are essential of the whole System.

The System's Condition can change and fuction independently.

Elements can be a part of the System. They can be replaced or create new Units.

Any System must have the Basis to stand on.

A System is the Means, used for archievement of certain Goals: Management System for Fire-extinguishing, Court System, CRM-System.

Any Object can be reperesented as a System.

The maximum result can be reached only due to joint efficient fuctioning of the elements of the system.

Natural systems: anthill, hive.

Social systems: family, Institutes.

Economic systems: company, business.

FEEDBACK

Outcoming information, returns back to the System, where it will be processed and then used for further actions.

BALANCING FEEDBACK
(NEGATIVE FEEDBACK)

Outcoming information, returns back to the System, where it will be processed and then used for further actions.

It limits growth. It fuctions for decreasing difference between Actual and Purposed condition of the System.

POSITIVE FEEDBACK

Outcoming information, returns back to the System, where it will be processed and then used for further actions.

Futher changings in the same directions. Increasing growth.

SYSTEMS APPROACH

contiguous Maintenance of the following Processes in the Company:

- Current System's Condition analisys (the "as we have" model);
- Comparing the current condition with wanted System (the "as we want" model);
- Generation of Idea how to reach the "as we want" model;
- Evaluation of Risks;
- Planning;
- Actions;
- Waiting for the Response of the System; (All Changes pass with a delay);
- Research of the result (the "what we got" model);
- Conclusions concerning actions;

- Transition to the Current System's Condition analisys.

Friemaxx. Digital microbusiness hatchery. Modeling, prompt decision-taking and project management.