System Thinking

Running head: SYSTEM THINKING 1
System Thinking
Student’s Name
Institutional Affiliation
Professor’s Name
Date

SYSTEM THINKING 2
System Thinking
The business operations are shifting towards the holistic view today. Yuan et al. (2019)
ascertained that the holistic approach enables the management to think about the rich picture
rather than the unit or department based perspective. The technique implies that when a
challenge arises in a single unit, the managers examine how it affects the entire system before
they devise the measures for addressing the problem. Therefore, the report presents holistic
approaches, which includes the deployment of the rich picture and the root definition using the
CATWOE technique in the evaluation of a defined problem of policy change concerning job
security, uninformed terminations, and compensations at Netflix as presented in the previous
assessment (Hindle and Vidgen, 2018). Besides, the identified problem indicated that the
financial benefits, which are the primary goal in business organisations, are indirectly linked to
changes in policies that could affect the aspects such as job security, compensation, and informed
termination contract procedures among others. The rich picture of the defined problem and the
CATWOE are presented in the subsequent sections.
The rich picture
A sample rich picture is shown below.

Market for
goods
Rich
Picture
Financial profitsCompetitors
Stakeholders
Policies
Taxation, regulations
etc.
Owners
Entrepreneurs
Clients
Investors
Raw materials Goods & Services
Processes
(Costs of production etc.)
SYSTEM THINKING 3