Navigating Systemic Risk & Critical Transitions
An Interview with Dr. Len Fisher
January 31, 2019
In this episode, Angie talks with Biophysical Scientist and author of Crashes, Crises, and Calamities, Dr. Len Fisher. Fisher gives many in-depth examples for how sudden change, or critical transitions, can happen within complex adaptive systems. He unpacks how interconnectedness, unintended consequences, runaway effects, and emergence all influence systemic collapse. Fisher also shares what is needed to effectively govern complex systems.
Quotes from this episode:
“I’m not a complexity scientist, I’ve taken on a role as a proselytizer for complexity thinking.” — Len Fisher
“Systemic risk is the rick that a critical transition will occur in a complex adaptive system as a whole.” — Len Fisher
“If you are going to have effective governance of complex adaptive systems, then you need three things: you need to be watching for the warning signs...you need flexibility of your decision making and ability to take action...you need resilience or adaptation.” — Len Fisher