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The use of systems approach and methods of systems thinking for introduction of anti-crisis management processes in banks


Oksana Egorova
(about the author)

Egorova Oksana Yu. – Candidate of Science, Economics, Head of the Sector of Interdepartmental Laboratory of Financial and Economic Studies of the Faculty of Banking and Finance (Russian Presidential Academy of National Economy and Public Administration, Moscow)

Published in:
Creative Economy
– Volume 9, Number 12 (December, 2015)



Keywords: anti-crisis bank management, commercial bank sustainability, systems approach, systems thinking, the architecture of business


Citation:
Oksana Egorova (2015). The use of systems approach and methods of systems thinking for introduction of anti-crisis management processes in banks. Creative Economy, 9(12), 1541-1560. doi: 10.18334/ce.9.12.2134


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Abstract:

Today we live in a world of increased turbulence and volatility of the processes where managerial decisions have to be made under conditions of risk and uncertainty. The banking business is inherently dynamic and requires prompt introduction of changes. When the number of factors and complexity of the processes increases, the necessity for other instruments of information processing and structuring arises, in other words, the necessity for another way of thinking, wherein the attention is focused not on the separate parts, but on the relationships between the parts the interaction of which forms a goal-oriented whole. The article discusses the main definitions, approaches and methods of systems thinking as a way of understanding difficult situations and identification of threats and problems. The author identifies the possibilities of using systems thinking for solution of business tasks, in particular, the task of introducing anti-crisis process management in banks and modeling the organizational architecture of a sustainable banking business.








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