Tuesday, June 25, 2013

DeansTalk - business management education: "Why Managers ...

May 6, 2013 Richard Straub.

blogs.hbr.org/cs/2013/05/why_managers_havent_embraced_c.html


Why We Shouldn't Be Surprised That Managers Don't Embrace Complexity, Forbes, 18th May 2013.

Back in the 15th Century,?Leonardo da Vinci, the great genius of the Middle Ages, said that, ?simplicity is the ultimate sophistication.?Most modern managers would agree. ?Every good operation works hard to streamline its processes down to the barest essentials.

(The Mandelbrot set, an object of extraordinary complexity, arises from a incredibly simple formula (Photo credit: Wikipedia))

However, the world is a complex place and it?s only getting more so, which is why many management thinkers have been urging businesses to embrace complexity, to become, in effect,?system thinkers?rather than reductionists.

As?Richard Straub?noted in a?recent article in HBR, that effort has largely failed and we shouldn?t be surprised..

...I?ve suggested that we take a more?Bayesian approach to strategy, where instead of assuming that we have the answers, we strive to become less wrong over time. ?Good strategy is never being, it is always becoming...

Source: http://www.deanstalk.net/deanstalk/2013/06/why-managers-havent-embraced-complexity-richard-straub.html

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