Adaptive Management in a Complex World
- Module code
- Module leader
- Module level
- Module credits
- Min study time
- 150 hours
- Contact Hrs within study time
- 30 hours
- Teaching period
- Semester 2
Leaders and managers must be able to act in a complex world and under uncertainty. This module is designed to (1) develop your skills and knowledge that will enhance your decision-making skills in order to act in a complex world and under uncertainty; and (2) to provide frameworks and strategies to navigate complexity and adapt to rapid changes. The module content includes:
Adaptive management; the role of complexity and uncertainty in decision-making; emergent behaviour; path dependence; heuristics, biases and entrepreneurship: behaviour in situations of risk; knowledge, knowhow and imagination; beyond small worlds: networks and innovation; economic complexity; big data, complexity and now-forecasting, leadership and entrepreneurialism.
To achieve credit for this module, students must be able to:
- Identify and analyse the key features of adaptive management, complexity and uncertainty.
- Work independently and demonstrate creativity and independence of thought in critical evaluation adaptive management of complex situations and uncertain situations.
- Critically apply concepts from complexity theory to management, leadership, entrepreneurship and economics studies.
- Manage project work and communicate complex ideas effectively
|Coursework||Essay (2500 - 3000 words)||70%|
|Coursework||Reflective learning journal||30%|
Students should be familiar with the content of the following:
- Beinhocker, E.D., 2006. The origin of wealth: Evolution, complexity, and the radical remaking of economics. Harvard Business Press.
- Chapman, K., 2015. Complexity and Creative Capacity: Rethinking Knowledge Transfer, Adaptive Management and Wicked Environmental Problems. Routledge.
- Hidalgo, C., 2015. Why Information Grows: The Evolution of Order, from Atoms to Economies. Basic Books.
- Holland, J.H., 2014. Complexity: A very short introduction. OUP Oxford.
- Kahneman, D., 2011. Thinking, fast and slow. Macmillan.
- Newman, M., Barabasi, A.L. and Watts, D.J., 2011. The structure and dynamics of networks. Princetown University Press.