The Firm as a Viable System
Keywords:Firm, Systemic Approach, Management Studies, Viable System, Market-Driven Management
The viable system logic is widely considered a reference point for all the entrepreneurial organizations.
The viable organizations have to struggle for existence, a statement particularly valid, if we consider changes (adjustments, transformations, reorganizations) of logic and physical assets (logic and physical structure) as also specific
configurations developed in time.
As a consequence, a viable system can be defined as follows: it is a system that survives, remains united and entire; it is omeostatically equilibrated internally and externally; it contains mechanisms and opportunities to grow, learn, develop and
adapt becoming more efficient in a proper context.
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