what feature is used to manage the complexity of the system
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Complexity management is a business methodology that deals with the analysis and optimization of complexity in enterprises. Effective complexity management is based on four pillars: alignment with the overall strategy of the company, transparency over all costs and benefits of complexity, identifying the optimization benefits, related measures and managing the trade-offs between parts of the total value chain (the totality of all the company's activities), and sustainable infrastructure such as IT tools, incentives and processes.
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Answer:
Complexity management is the feature used to manage the complexity of the system
The examination and optimization of complexity in businesses are topics covered by the business technique known as complexity management. Four pillars serve as the foundation for effective complexity management: alignment with the company's overall strategy, transparency regarding all costs and benefits of complexity, identification of optimization benefits, and associated measures, and managing trade-offs between segments of the total value chain (the sum of all company activities), as well as sustainable infrastructure like IT tools, incentives, and procedures.
New technology has lately made complexity management possible, allowing for in-depth modeling and analysis of complexity, optimization strategies, and their consequences along the full value chain. Constant complexity management may significantly boost an enterprise's profitability.
It is being assessed to what extent complexity matters for a certain company model's success. If complexity plays a significant part in an enterprise's performance, it must be included in the corporate strategy.
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