System Thinking Tools

An advantage of studying portfolio management from a university as compared to some private sector company is that one gets a holistic view. Thus not just the popular approaches like PMI viewpoint is explained, others like systems thinking is touched too.

What is systems thinking?
This can be defined as an approach to consider and view system as a whole rather than focus on components. Systems thinking focus on the relationship and interactions of components rather than the studying them individually.

This blog is about the tools used in system thinking.
 Some of them are:

• Fishbone diagram 

• Context Diagram  

•  Actor Maps

 

•  Concept Maps:

•  Trend Maps

• Casual loop diagrams

 

Reference:
(1). https://www.conceptdraw.com/samples/resource/images/solutions/Business-productivity-Fishbone-diagram-Causes-of-low-quality-output.png
(2).  https://uit.stanford.edu/sites/default/files/images/2017/08/30/Context%20Diagram.png
(3). https://www.researchgate.net/figure/Existing-complex-actor-map_fig1_309428698
(4). https://cmap.ihmc.us/docs/images/Theory/Fig1CmapAboutCmaps-large.png
(5).https://www.itjobswatch.co.uk/charts/permanent-demand-trend.aspx?s=senior+portfolio+manager&l=uk
(6).https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEghXpIFQ1j93AAvcYVoFMfYohl9ejzBZb77Fu_-E9pMPJ78rCOq66fUhf3saM5x2M9g34h9cxYTabo3RkUYMJ4FFYyd2RuSjAoBrPdvDgYZsmKneh4HjVgU5YLYKg0itGbl2I1z70CxdWY/s1600/Sustainable+Development.gif
(7).  https://www.apm.org.uk/media/25516/systems-thinking-for-portfolio-programme-and-project-managers-v10.pdf