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ManCorpScientific Principles Applied in Real Life!

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SYSTEMS THINKING

Thinking in systems is a relatively new discipline focused on interdisciplinary study of systems. A system is a cohesive conglomeration of interrelated and interdependent parts that is either natural or man-made.


1. Ecological balance by industrial policy intervention

2. Industrial growth by environmental policy intervention

3. Social stability by technological intervention

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SYSTEM MODELLING & RISK ASSESSMENT

Systems modelling is an interdisciplinary study of the use of models to conceptualise and construct systems for decision- making and operation. This is used primarily for business and information technology development purposes.

A common type of modelling is function modelling, with specific techniques such as Functional Flow Block Diagram and IDEF0.


Risk Assessment is a byproduct of the systems modelling exercise. The residual flows as a result of systems modelling helps identify loop holes and key actors within the given system.

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IMPACT ASSESSMENT; RISK MANAGEMENT

Risk management is the study of forecasting and evaluation of risks (environmental, economic, social, financial, technological, political) together with the identification


Impact Assessment is the process of identifying the future consequences of a current or proposed action. It is used primarily to ensure that projects, programmes and policies are economically viable, socially equitable and environmentally sustainable.


In this we use Life Cycle Assessment approach to assess impacts associated with all stages of a product’s (or process’s) life from raw material extraction through materials processing, manufacturing, distribution, use, repair and maintenance, and disposal or recycling.

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SUSTAINABLE STRATEGY & TECHNOLOGY

With increased awareness of the impact that strategy and economic activity have on our planet, we are seeing a boom in “change” and transition related activities premised on social responsibility, environmental friendliness, energy efficiency, and other sustainability-related attributes.


The area of study seeks to examine trends day-to- day activities, and to identify where technological supplementation can actually give a quantitative and qualitative edge.