by Jay Stanton Goldstein | Feb 2, 2015 | Blog Posts

When NASA applied the wrong math they lost the $125M Mars Climate Orbiter. One team applied English units while all the other teams were using Metric units and the Orbiter crashed when approaching Mars at an altitude of only 37 miles instead of the planned 93 miles. Apply a 20th Century mathematical model and you risk crashing your organization up against the 21st Century economic planet we now all do our business upon. I am not speaking of the arithmetic for business such as accounting and finance. I am inviting you to take a step back further and consider the role that your mathematical model plays in your management mental-map. If we are in a revolution in how we organize the 21st Century enterprise then what mathematical model will accompany this new revolution? If we don’t have a new mathematical model can we even say we understand the modern firm? Like John Nash (A Beautiful Mind) needed to advance the mathematics of Game Theory to better describe economics, the mathematics that describes today’s Agile enterprises also needs to be discovered. “substantive change is coming to management…” Rod Collins, from a Wiki Management, A Revolutionary Model for a Rapidly Changing and Collaborative World [2014] Business thought leaders are now saying we are in the first transformation in the theory and practice of management in over one hundred years, really since modern management was invented by the likes of Frederick Taylor. Rod Collins, writes in his latest book Wiki Management, A Revolutionary Model for a Rapidly Changing and Collaborative World [2014] about how “substantive change is coming to management.” This “Great...