Unbounding the Managerial Mind: It’s Time to Abandon the Image of Managers as “Small Brains”
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.
bounded rationality, cognition
Human Resources Management | Strategic Management Policy
Strategy and Organisation
Journal of Management Inquiry
PORAC, Joseph and TSCHANG, Feichin Ted.
Unbounding the Managerial Mind: It’s Time to Abandon the Image of Managers as “Small Brains”. (2013). Journal of Management Inquiry. 22, (2), 250-254. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/3424