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Tempo 2.0 - Chapter 3: Your company is a system and section 3.1: The Monty Hall Problem

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To manage a system effectively, you might focus on the interactions of the parts rather than their behavior taken separately. — Dr. Russel Ackoff Companies and other organizations are systems. All systems have some properties in common. As you will soon see, these properties can be counter-intuitive. If we rely only on intuition, we will make the wrong decision, even when we have all the information we need to make better ones. The Monty Hall problem We are used to solve problems through analysis. To analyze means to split a problem into parts, and trying to understand the whole by understanding each part separately. The idea is that understanding the parts enables us to understand the whole. This way of viewing the world is called reductionism , and it has been the dominating way of viewing the world in Western culture for hundreds of years. Analysis is indeed a powerful tool, but it has limits. When we try to understand a system by examining its parts, we loose the full pictu...

The First Tempo! Customer is...

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The first person to buy a copy of my business strategy book Tempo!  (the Swedish edition) is Björn Wannebo. Björn is vice-chairman at GLC ek.för. (Göteborgs Lastbilscentral), a major trucking company in Gothenburg. Björn is also chairman at TrainingLab and the owner and Managing director of BCM AB, a management consultancy company. He is also a member of Business Network International (BNI). I met Björn recently. We talked about management, found we had a lot in common, and many similar experiences. Two things that stood out immediately is that Björn understands management, and that he has a great sense of humour. I showed him a copy of Tempo! , and Björn decided to buy immediately . I do hope he enjoys the book, and finds it useful. Björn and I will keep in touch. I want feedback from as many Tempo! readers as possible in order to find out how useful the book is to you. The feedback will be fed back into the strategy process I describe in Tempo! , in order to continuously...