Abstract
We must increasingly address the ability to respond to abrupt events in highly dynamic and complex environments, which arguably depends on proper decision structures and information processing capabilities. Sustainable performance derives from interactive decision-making that deals with threats and opportunities as they emerge supported by updated environmental analytics. The combination of experiential insights from decentralized responses and forward-looking reasoning at the center identifies a dynamic adaptive system of interacting fast and slow information processes. The fast information is observed from local experiences and the slow information processing interprets these insights and reasons about future developments. The fast and slow processes can interact to form a dynamic system that helps a social system adapt to the turbulent conditions. The model of fast-slow interaction is a key driver of sustainable adaptation.
| Original language | English |
|---|---|
| Title of host publication | Characterizing the Gap Between Strategy and Implementation |
| Editors | Bryan Moser |
| Place of Publication | Cambridge |
| Publisher | Brightline - Project Management Institute |
| Publication date | 2019 |
| Pages | 182-193 |
| Chapter | 13 |
| ISBN (Print) | 9781628256468 |
| Publication status | Published - 2019 |