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What is the key purpose of the Jim Hines Method?
A step-by-step approach to solve complex, dynamic problems using systems thinking and system dynamics modeling.
What are the two types of complexity described in the Hines Method?
Detail complexity and dynamic complexity.
List the first step in the Jim Hines Method.
List variables – what can change over time.
How does the Jim Hines Method define dynamic complexity?
Things that change over time, involve feedback, delays, nonlinearities, multiple stakeholders.
What is a reinforcing feedback loop?
A feedback loop that amplifies change, leading to exponential growth.
What does a balancing feedback loop do?
Stabilizes the system and seeks a goal or equilibrium.
What is the definition of a 'system' according to the lecture?
A set of parts and their relationships that forms a whole with a function.
How do stocks differ from flows in systems thinking?
Stocks are measurable parts of a system, while flows are inputs and outputs that change stocks.
Identify one of the core concepts of systems thinking.
Feedback loops, which can be balancing or reinforcing.
What is one tool mentioned for systems thinking?
Causal loop diagrams, which show variable relationships.
What does the iceberg model represent?
A model that illustrates levels from events to patterns, structures, and mental models.
What are leverage points according to Meadows?
Places within a system where a small shift can lead to significant changes.
What is the differentiating factor between simple, complicated, complex, and chaotic systems?
The predictability and interdependence of parts within the system.
What is the purpose of scenario analysis in systems thinking?
To imagine different futures and assess possible outcomes.