Unbounding the Managerial Mind
- 8 March 2013
- journal article
- research article
- Published by SAGE Publications in Journal of Management Inquiry
- Vol. 22 (2), 250-254
- https://doi.org/10.1177/1056492613476223
Abstract
Management theory has been heavily influenced by Simon’s concept of bounded rationality, so much so that bounded rationality has become a first principle in many modern theories of management and organization. But this influence has come at a price. It has devolved into a view of managers as “small brains” myopically trapped in local environments. We take issue with small-brained management theory, and argue that the time is ripe to refashion the microfoundations of managerial cognition into a “big-brained” alternative.Keywords
This publication has 11 references indexed in Scilit:
- The Rise ofHomo sapiensPublished by Wiley ,2009
- Conditions for intuitive expertise: A failure to disagree.American Psychologist, 2009
- Perspective—Neo-Carnegie: The Carnegie School’s Past, Present, and Reconstructing for the FutureOrganization Science, 2007
- Maps of Bounded Rationality: Psychology for Behavioral EconomicsAmerican Economic Review, 2003
- The magical number 4 in short-term memory: A reconsideration of mental storage capacityBehavioral and Brain Sciences, 2001
- Rationality, imagination and intelligence: some boundaries in human decision-makingIndustrial and Corporate Change, 2000
- The Extended MindAnalysis, 1998
- The magical number seven: Still magic after all these years?Psychological Review, 1994
- A Review from a High Place: The Field of Judgment and Decision Making as Revealed in Its Current TextbooksPsychological Science, 1991
- Bounded Rationality, Ambiguity, and the Engineering of ChoiceThe Bell Journal of Economics, 1978