Saturday, July 25, 2009

Don Sull: Updating Mental Maps

Don Sull has an interesting new series of posts on his blog about the types of information that managers must use to update their mental maps during turbulent times. Here's a brief excerpt from the introduction of his latest blog post:

"People use mental maps to guide action. In turbulent markets, however, these maps quickly grow outdated. To update their maps as circumstances change, leaders need information that has four critical characteristics. My last three blogs have discussed the importance of real time, unfiltered, and shared data. This post argues that holistic data is critical to spot opportunities and threats in volatile markets."

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