Lean Thinking
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Paul Bayer Premium Member Group moderatorThe company name is only visible to registered members.PLACES TO INTERVENE IN A SYSTEM (RESTATED FOR BERNANKE AND GEITHNER)
Hi all,
Dave Pollard has a nice piece on how the governments treat the current economic crisis. He reformulates the original essay of Donella Meadows.
Dana Meadows published what is probably her most famous work, Places to Intervene in a System, in 1997. In that article, she listed, in reverse order from least to most effective, the ten ways (later expanded to twelve) to bring about change in an organization, group, project, program or system. Think of a system as consisting of water pipes, valves (taps) and reservoirs. Here's a summary, explained in terms of the ways Bernanke, Geithner and Co are trying to (or might try to) encourage banks and consumers to restart the Industrial Growth Economy by loaning and spending more money (financial 'liquidity' problem = no 'water' (money) flowing through the taps, get it?):
see:
http://blogs.salon.com/0002007/2009/03/17.html#a2347
Cheers,
Paul
- 18 Mar 2009, 9:45 pm
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Gerold Keefer Premium MemberThe company name is only visible to registered members.Re: PLACES TO INTERVENE IN A SYSTEM (RESTATED FOR BERNANKE AND GEITHNER)
hello paul,
thanks for that pointer.
Paul Bayer schrieb:
Hi all,
Dave Pollard has a nice piece on how the governments treat the current economic crisis. He reformulates the original essay of Donella Meadows.
this very useful paper can be found at
http://www.sustainabilityinstitute.org/pubs/Leverage_Points.... .
best regards,
gerold
- 19 Mar 2009, 10:07 am
