The 21st century is the century of complexity, as Stephen Hawking predicted. Making the right decisions would become more and more difficult on the sheer unmanageable amount of data, the infinite number of variants and the continuous acceleration."In reality, leadership has not become more complex. It is still essentially no more than five to seven factors that control even highly complex systems. The opportunities offered by globalization, networked (justin-time) production, opportunities for greater variant diversity, a competitive environment in which a technological lead can melt away within a short period of time and incessant background noise of data - in fact, these are all aspects that managers have been dealing with for decades," adds Katzmair.