Pre-determined elements in the business environment: Reflecting on the legacy of Pierre Wack

G. Burt, G. Wright

    Research output: Contribution to journalArticle

    16 Citations (Scopus)

    Abstract

    Understanding uncertainty in the business environment has long been a key challenge for managers to help them understand drivers of change, yet scant attention is paid to the idea of 'predetermined elements' in the business environment. Pierre Wack defined predetermined elements as 'those events that have already occurred but whose consequences have not yet unfolded' created by the underlying systemic structures. By drawing on a recent scenario case study we are able to develop Wack's idea of predetermined elements from which it is possible to determine what is inevitable from what is fundamentally uncertain in the business environment. Identifying predetermined elements provides managers with insights that reveal the nature and interaction of factors and actors that are part of systemic structures driving change.
    LanguageEnglish
    Pages830-840
    Number of pages10
    JournalFutures
    Volume38
    Issue number7
    DOIs
    Publication statusPublished - 2006

    Fingerprint

    manager
    driver
    uncertainty
    scenario
    event
    interaction
    Business environment
    Managers
    Scenarios
    Interaction
    Factors
    Uncertainty

    Keywords

    • change management
    • management of change
    • business management

    Cite this

    Burt, G. ; Wright, G. / Pre-determined elements in the business environment: Reflecting on the legacy of Pierre Wack. In: Futures. 2006 ; Vol. 38, No. 7. pp. 830-840.
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    Pre-determined elements in the business environment: Reflecting on the legacy of Pierre Wack. / Burt, G.; Wright, G.

    In: Futures, Vol. 38, No. 7, 2006, p. 830-840.

    Research output: Contribution to journalArticle

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