Abstract

Abstract The promises and challenges of a cognitive approach to strategic planning and subjective forecasting are examined. Strategic thinking is viewed as comprising three components: (1) knowledge base, (2) problem representation, and (3) inference processes linking the first two. Analysis of these components, it is argued, can be an important aid to understanding and guiding managerial problem solving. We review several techniques for modeling strategic thinking and planning, including network representations, production systems, causal maps, and analyses of argumentation. We consider the strengths and weaknesses of different cognitive analysis techniques and discuss how they might be implemented. Much more experience and refinement will be needed to produce well‐specified procedures for cognitive analysis of planning. We conclude, however, that even at the current stage of development, significant benefits can accrue from a cognitive approach to strategic planning.

Keywords

CognitionArgumentation theoryInferenceManagement scienceComputer scienceStrengths and weaknessesPerspective (graphical)Strategic planningRepresentation (politics)Strategic thinkingCognitive mapProcess managementKnowledge managementPsychologyArtificial intelligenceEpistemologyManagementBusinessPolitical scienceSocial psychologyEconomicsPolitics

Affiliated Institutions

Related Publications

Publication Info

Year
1993
Type
article
Volume
12
Issue
2
Pages
161-186
Citations
95
Access
Closed

External Links

Social Impact

Social media, news, blog, policy document mentions

Citation Metrics

95
OpenAlex

Cite This

Joshua Klayman, Paul J. H. Schoemaker (1993). Thinking about the future: A cognitive perspective. Journal of Forecasting , 12 (2) , 161-186. https://doi.org/10.1002/for.3980120208

Identifiers

DOI
10.1002/for.3980120208