The Extra-Rational Manager

Posted by:

This MIT-Sloan piece hints at help with understanding business dynamics. Much of a business model is typically simple – the causality of the Income Statement, the productivity of equipment or staff, etc. The accumulation of resources is completely deterministic, and many changes in those are simply decisions we take – add equipment, launch products, borrow cash.
All of which leaves the question “If so much is clearly determined, where lies the uncertainty that makes performance so difficult to ...

Continue Reading →