Question
Define a causal-loop logic in relation to corporate objectives. Why is it important to distinguish between casual-loop and sequential logic in defining project objectives? Response:
Define a causal-loop logic in relation to corporate objectives. Why is it important to distinguish between casual-loop and sequential logic in defining project objectives?
Response: According to Schmidt (2021), causality, also called cause and effect or If-Then thinking, is a visual tool that can help understand the cause-and-effect relationships of the actions taken within a project required to reach a goal. Kim (1999) provides a diagram of "Thinking in Loops," which illustrates the importance of recognizing the interrelationships shared among the variables within a system. Utilizing this type of thinking provides a way of describing actions and providing feedback so the cause and effect of the actions are recognizable (Kim, 1999). This can be highly beneficial in relation to corporate objectives because a project designed around measurable actions with causal sequences is far more likely to successfully achieve the targeted objectives required to reach the ultimate goal (Schmidt, 2021). Understanding the distinction between casual-loop and sequential logic is important because the former will help strategically think about projects while the latter only provides a timeline of events. Recognizing, understanding, and defining what actions are being taken within a project will help provide a systematic way of achieving objectives, compared to just documenting the actions' sequence.
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