Systems thinking examines how elements within a system influence each other and looks at relationships, patterns, and root causes rather than isolated problems. The iceberg model shows that most of an iceberg's mass is underwater and influences its above-water behavior, just as underlying factors greatly influence global issues. Stocks represent system conditions while flows are activities that change stock levels; intervening close to events has less leverage than addressing underlying factors. Mental models and assumptions must be challenged through tools like simulations to test theories and identify more effective solutions.