#529 - How Systems Thinking Can Improve Your Retirement with Rick Nason

This month we celebrate the Retirement Answer Man’s 10th anniversary milestone with several guests throughout the month.

Today we welcome Professor Rick Nason, author of It’s Not Complicated, to discuss complicated vs complex thinking. If that discussion didn’t Stick around for the listener questions with Tanya Nichols and Bring It On with Dr. Bobby Dubois.

Complicated vs complex systems

People often confuse complicated and complex systems which is a subject I have been exploring more over the past few years. To get to the bottom of this topic I decided to go to the source: Professor Rick Nason.

Complex systems have no clear answer. There isn’t a simple recipe for solving the issue at hand. Complicated systems do have a clear answer.

One way to make a complex issue worse is by trying to solve it with complicated thinking. Listen in to learn why this is true.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

COMPLICATED VS COMPLEX THINKING WITH PROFESSOR RICK NASON

[4:20] Defining simple, complicated, and complex
[9:11] Why it is important to identify whether you’re dealing with complicated vs complex
[18:10] How to approach complex problems
[29:30] How AI plays into the discussion of complex vs complicated thinking