PPA 604 Interconnectedness, Complexity and Business Models

Very few situations are simple and businesses cannot operate in a void. The cause and effect do not have a one to one relationship but a connectedness to a number of causes and effects. To understand the business it is important to understand the environment it exists in. Interconnectedness has always been a factor but the increases in transportation and communication, in particular the connectivity that the internet provides, has been a game changer. While country borders exist, businesses operate beyond them and have begun to have impact on multiple nations. The laws that govern a country have little jurisdiction in the internet space. A number of Governments in developed nations have perceived this as a challenge to their...