Systemic Cognition During the Sub-Prime Crisis: Lessons and Research Implications
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This paper uses the example of the global financial crisis (GFC) of 2008-2009 to demonstrate how patterns of systemic cognition influenced outcomes during the crisis. This paper focuses on systemic patterns that emerged during the sub-prime crisis. By reviewing systemic patterns and reflecting on the assumptions of actors it is believed that further insight for research potential could be revealed. I argue that patterns of systemic 'cognition' that emerge during complex social events can be captured and reflected on. This provides useful insight into the interpretative structures of messy problems that in turn reveals previously undiscovered systemic thinking. The paper uses this illustration of the GFC to structure a debate about future research possibilities.
Systemic Practice and Action Research
© 2012 Springer Netherlands. This is an electronic version of an article published in Systemic Practice and Action Research, December 2012, Volume 25, Issue 6, pp 479-491. Systemic Practice and Action Research is available online at: http://link.springer.com// with the open URL of your article.
Organisation and Management Theory