The Forms of Poor Strategic Thinking The past is prescient Misprojecting meaning Attachment to a comfort zone Discomfort with the new or unknown Minimizing Unknown Unknowns The Costs of Poor Strategic Thinking Organization/Person Thought Unhealthy Pattern/Costs Lehman Brothers The 2008 financial crisis would be short term and real estate prices would turn around quickly. Past is Prescient/ Bankruptcy in excess of $100 billion, triggered global banking crisis. Merrill Lynch Let’s copy Lehman’s strategy, just do it bigger. Mis-projecting meaning/Company sold to B of A at 1/10th of its peak share price hit a few months before, billions lost by shareholders and employees. General Motors High costs and low mileage Past is Prescient and SUVs will sell forever. Attachment to Comfort Zone/ $50 billion gov’t loan to stave off bankruptcy The Costs of Poor Strategic Thinking Organization/Person Thought Unhealthy Pattern/Costs Michele Obama’s first college roommate I don’t want a Black roommate. Discomfort with the Unknown/ Could be best friends with the First Lady of the United States. AT&T spurning offer from government to own an early form of the internet What potential can it have Minimizing an Unknown versus the phone business? Unknown/Anyone’s guess The Past is Prescient It looks like something we have seen or experienced before It is the same as it was before (rate of change illusion) It was established by persons we respect and honor Mis-Projecting Meaning It looks like a duck, so it must be… It made me feel like… Sounds like to me that… Attachment to a Comfort Zone Comfortable with those “like us” Comfortable in familiar places Comfortable with familiar things Attachment to a Comfort Zone Comfort with a way of thinking—we often underestimate the emotional context of our thinking Emotionally driven thinking Pure intellectual thinking Body/Feltsense thinking Discomfort with the Unknown Never heard of it Never thought of it Never been there Never tried it Never saw it Minimizing Unknown Unknowns There is still SO much more to learn! Human relations Bio-Science History Nature of the Universe The Brain and Body Systems Diverse Cultures The Solution See opportunity Induce Learning Reduce Risks Open thinking Take actions Four Quantum Thinking Tools Energy A or B Energy False Duality Particle/Wave Point of Observation Multiple views of reality Energy All is energy in transition The Four Quantum Ideas The Science The Idea Use in thinking Light has the properties to Avoid “apples versus both a particle and a oranges,” dualistic wave. thinking. Bifurcation is generally oversimplification. Seek to understanding the integrated whole. The particle or wave Your point of observation properties of light are determines what you see. present based on how it is being observed. Resist attachment to your point of view, be open to multiple views. Observing an electron from different points of view will give you different probabilities of its location. Seek out and value diverse points of view. Many points of view of the same event can be valid. Everything in the Universe Nothing and no one stays is made of energy that is the same. Change is moving or changing form. constant. Remain open to continuous learning. False Dualities Lead to Oversimplification Negative thinking The metaphorical tree of the knowledge of good versus evil—the Primordial Error? WISDOM Positive thinking What is the larger truth? False Dualities Lead to Oversimplification This Integrated whole That Believer Enlightened Non-believer Smart Multiple intelligences Dumb Red States The United States Blue States Very often we can think and understand at greater depths if we go beyond the opposites and think of the integrated whole. Hidden desires and our egos often prevent this. What you see depends on how you look at it Is this cruelty to animals or a delicious meal? Valid point of view of the same event But, I thought you were… But, I thought you were… Multiple valid points of view Our beliefs and assumptions play a big role. The Very Nature of the Everything is Change Quantum-like Strategies-Apple Corp Changing from Apple Computer to Apple Corporation: • Moved beyond the duality of Mac versus PC to iPod, iPhone, and iPad • The iPod, iPhone and iPad have open and interconnecting aspects in which others can provide services and products • By the open selection of apps, the iPod and iPad are customizable to allow a feature-rich consumer experience. Strategic Mis-step by Apple: • Products are not designed for their full environmental lifecycle. The Core of Innovative Thinking Imagination Change looks odd at first. It is outside the comfort zone. Experimentation Openness Research Risk-taking Persistence Continuous Innovation