Decision making in a fast speed world: an early warning system for avoiding crises
by Luigi Toma
International Journal of Foresight and Innovation Policy (IJFIP), Vol. 1, No. 3/4, 2004

Abstract: Crisis management comes more naturally than managing to avoid crises because change can be so disruptive as to tear organisations apart. In this paper we suggest that: humankind has entered an era in which events unfold with unparalleled speed; and the speed of evolution will accelerate further. In today's complex societal systems, the time of warning and decision is getting shorter and unless we modify our models of thinking by using new cognitive tools, such as ''images of the future'', any kind of algorithm applied to the present informational space is bound to fail when used to forecast change.

Online publication date: Mon, 26-Jul-2004

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