The long and winding road to: Enlightenment? (via Stupor Complexus)

As “ringing” an endorsement as Ontonix could ask for…from one who knows:

“Starting to see light

The road will likely consist in abandoning the evocative but misleading epistemological debates, and focusing instead on useful techniques to tackle the growing non-linear distortion of the business world, as it happens in econophysics, leaving the reforms of the scientific paradigm to whomever should be concerned (tèkne tòn teknòn kai epistème tòn epistemòn…). On that road, I am particularly interested in two approaches which I came across in recent years.

One is Ontonix (a company in which I have no involvement but admiration for the genius of its founder, Jacek Marczyk), which has developed a holistic risk-monitoring software. What I like about Ontonix, despite a few humble methodological reservations of mine, is their pragmatism and quantitative orientation. Ontonix do not “talk” of complexity: they measure it, based on a conceptual framework in which it is seen as an intrinsic property of systems, like temperature or pressure. Physical quantities, says Ontonix, attain scientific dignity when they are measurable. Epistemological objections can be raised concerning the definition of complexity, as well as methodological ones related to the metrics. But who cares about the hair in the soup, if we are offered an inexpensive tool that can provide, with a surprisingly small organizational effort and a simple user interface, an assessment of the systemic risk of our business? I do recognize a breakthrough in Ontonix, the first measure ever of a company’s «stability rating».”

…a growing minority of business/managerial economists consider Taylorist scientific management (which has made it to the present day through various mutations and enrichments) as still plagued by extreme mechanism and unaware of the lessons coming from complexity science (deterministic chaos, emergent behavior): they therefore believe that it should be replaced with models inspired by non-linear dynamical systems, non-equilibrium thermodynamics, agent-based simulations and other modern “complex” tools.… Read More

via Stupor Complexus

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