Recent Developments in Planning and Decision-Taking in Large Corporations

Abstract

Few of us like uncertainty, but until this century mankind generally accepted the impossibility of determining one’s destiny. The belief that only divine (or the devil’s) intervention made prophecy possible was held by most cultures. Only during the last fifty years or so did the assumption spring up that application of the scientific method, of vastly expanded information flows and of hitherto unbelievable speed of processing information, can make prediction of the future possible.

“You can never plan the Future by the Past.”

Edmund Burke