Abstract:
Dr Andrea Weierich will present on "Flywheels", introducing a practical application in the IT function in the insurance industry. Enterprises must cope with strategy and decision-making processes in view of dynamic markets, accelerating technical developments in IT, and a variety of internal cooperations. From a business perspective, the focus is on how to stabilise the “flywheels” of success and develop them further for the future. Andrea has repeatedly applied the Frederic Vester sensitivity model with her leadership teams since 2017. Together, influencing variables are identified and correlated. The correlations are systematically evaluated. From this, the "flywheels" of success can be identified and implemented in a targeted manner. This approach enables the leadership team to act together in complex and diffuse situations, building a shared mental model with a manageable effort. Following the process, they can be sure that they are not missing anything essential. At the same time, this approach trains the systems thinking of those involved: they understand and experience together, in the spirit of Aristotle, that "the whole is greater than the sum of its parts."