System Thinking

 system thinking is a way of looking at the world and understanding how different parts of a system are interconnected and how they affect each other.

system thinking involves analyzing complex problems by breaking them down into smaller, interconnected parts. By understanding how each part affects the others, we can develop a more complete understanding of the system as a whole.

Key elements of systems thinking

Interconnection:

 People and projects are linked. These relationships are discovered using a systems thinking methodology. This converts the problem from a linear to a circular solution.

Emergence:

Emergence combines smaller components to create a bigger and better solution, which is the opposite of working in isolation.

Synthesis:

To create something new, you can either combine existing methods or incorporate new information.

Feedback loops:

Feedback loops show how system parts interact and look cool to system enthusiasts. The goal is a successful outcome by combining system components.

Causality:

Causality investigates how one item affects another in a networked system.

System mapping:

Systems mapping provides decision-making insights through flow charts or diagrams. Executives can use this visual aid to comprehend the required changes.

The Tax method in Sri Lanka

In the group discussion, we were asked to discuss the tax system in Sri Lanka and whether it is suitable.

after that, we conclude that the tax system in Sri Lanka is not fairly enough to all of the people. The reason for that we founded,

the current tax system is disadvantageous to low-income earners because of indirect tax. we suggested that it would be more appropriate to reduce indirect taxes and levy them at a lower percentage of income. And also like in other developed countries, the government should open tax file for every adult and collect direct taxes according to their income then the tax that collects from the government must use them transparently.