Paradise Papers
Law of Requisite Variety (First Law of Cybernetics) and The Paradise Papers A situation can only be controlled if the variety of the controller matches the variety of the situation to be controlled. • The system/person with the most flexibility of behaviour will have the most influence on the system. The more choices one has, the more freedom is felt and the better the quality of life. • It is impossible to control for every variable so most variety is absorbed through relationships with other systems • Only Variety can absorb Variety • It means that in Risk Management, only enough variety in your system can absorb, or control risks originating from outside variety. • By using feedback, this information is fed into the system to allow the system to adjust and learn constantly. •...