The Central Role of Memory in Expert Management Intuition
Journal Title: International Journal of Management Sciences - Year 2015, Vol 6, Issue 3
Abstract
Managers are required to make decisions in complex environments and are often under tremendous time pressures. The conditions regularly facing managers create and call for specific psychological mechanisms that have been widely investigated in experimental psychology and in neuroscience. In this paper we consider the psychological theories of expertise offered by Dreyfus (Dreyfus, 1972; Dreyfus & Dreyfus, 1986) and Simon (Chase & Simon, 1973; Simon, 1989); discussing the central tenets of each theory in light of empirical evidence. We then consider Simon’s later work, the template theory of expertise (Gobet & Simon, 1996) and demonstrate how the theory accounts for much of the existing data in a variety of domains, and how its further extension accounts explicitly for the emotional aspects of intuition (Chassy & Gobet, 2011). Through consideration of each contribution to an understanding of expert performance, we expose the central role played by memory in expert intuition. Following examination of the template theory’s accountability for existing chess data, we show how the theory is applicable to intuition in management. We then provide practical advice for management trainers by capitalizing on current knowledge, so that future managers may benefit from effective training, grounded in robust research on the precise mechanisms underlying expertise.
Authors and Affiliations
Jessica A. Jones, Philippe Chassy
Keywords
Related Articles
- EP ID EP27046
- DOI -
- Views 262
- Downloads 3
The Influence of Relationship Marketing Efforts on Consumers’ Satisfaction: The Case of the Mobile Telecommunications Industry in the Lowveld, Zimbabwe
The major focus of this paper was to examine the influence of the relationship marketing efforts on consumers‘ satisfaction of a service industry: the Mobile Telecommunications Industry in the Lowveld, Zimbabwe. In thi...
Transitioning From Early Childhood to Primary Education: What the Practitioners Say
Each time a learner moves from one level to another transition occurs. For instance moving from early childhood to primary school is a major step which every learner has to experience in education. If not handled appro...
Understanding of Business Students on Business Social Responsibility (BSR) with regards to Profitability, Long Term and Short Term Success of Firms in Malaysia: PLS Approach
This study identified the business student’s understanding on business social responsibility among Malaysian students. Part of its objectives is to examine the understanding of business students in terms of importance o...
Determining the Relationship between Organizational Agility and Work Organization in Branches of Saman Bank in Isfahan
In modern world, complexity, instability and unpredictability of environmental changes and conceptions of traditional design have influenced organizations. Thus, organizations must be able to respond to these changes a...
Selecting Valuable Stock Using Genetic Algorithm
This paper proposes the use of genetic algorithms Genetic Algorithm (Genetic Algorithm) for stock options to support quality investors in the stock market (stock market) value school of investing treatment. Value inves...