Global markets, the service economy, Japanese competition, increased consumer sophistication - the world of business is as fast-moving as ever, but as this controversial study claims, many traditional strategies have either simply failed to keep pace or lost their sense of direction. The only way forward is change. Weaving together insights gleaned from philosophy, psychology, economics and management science, and analyzing such examples as the decline of the US auto industry, the Bhopal disaster and the scare at Three Mile Island, the authors reveal that simplification is a thing of the past, and that varying perspectives, multiple realities, and openness to multiple solutions are the key to modern business thinking and decision-making.
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Global markets, Japanese competition, the service economy, the sophisticated consumer - American business today faces challenges undreamed of just a few decades ago, and traditional approaches to corporate problems are becoming increasingly less effective. And yet, as the authors of The Unbounded Mind point out, MBA programs still preach - and thousands of American firms hold sacred - an antiquated system of business thinking that is wholly inadequate to the problems they face. In this groundbreaking work, two pioneering thinkers in business studies, Ian I. Mitroff and Harold A. Linstone, pinpoint the profound changes that must occur in the way business executives think, make decisions, and solve problems, if America is to remain competitive. They put forth a radically new approach - `new thinking' - and show executives exactly how to employ these special critical and creative tools to clear the hurdles businesses now face. Logic and rationality, they explain, are useful but limited. And traditional simplification often inhibits the ability to ask the right questions and recognize the true problem. But varying perspectives, multiple realities, and openness to multiple solutions are the secrets of contemporary problem-solving, and lead us to the cutting edge of innovation. Clearly and compellingly, Mitroff and Linstone weave together insights gleaned from philosophy, psychology, management science, economics, and decision science, and quote thinkers from Descartes to Robert Bly, from Alvin Toffler to Chief Seattle. In illustrating how `new thinking' differs from the usual ways in which American firms have handled problems, they analyse a wealth of examples including the decline of the American auto industry and the consequences of this country's blind exporting of technology. They also revisit and interpret some of the most grave crises corporate America has faced: the Bhopal disaster, the Tylenol scare, and the accident at Three Mile Island. Hard-hitting and insightful, The Unbounded Mind is a clarion call for American business. It argues that if we are to produce products and services that can compete in the information age, we must challenge the very foundations of our thinking, and learn how to approach decisionmaking in a truly creative way.
Ian I. Mitroff is Professor of Business Policy and Director of the USC Centre for Crisis Management at the University of Southern California. Harold A. Linstone is University Professor Emeritus of Systems Science at Portland State University.
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