Can a Corporate Executive Really Use The Beautiful Mind; To guide decision making?

Home
>
Negotiation
>
Can a Corporate Executive Really Use The Beautiful Mind; To guide decision making?

Can a Corporate Executive Really Use The Beautiful Mind; To guide decision making?

I would like to comment on the "A Beautiful Mind" movie and the book, which was actually much better. I just finished reading another book on the similar side of John Nashs' assertion of working together rather than competing against. That book was "Co-opetition." By Adam M. Brandenburger (Havard guy)and Barry J. Nalebuff (Yale Dude). Many have been aware of such theory for quite a while and practice such occasionally for the betterment of an industry or through the art of diplomacy, sometimes through misdirection and other times as an experiment (nothing more, nothing less) especially when it really does not matter and it is not really core to our direction and market domination strategy for any given region. I would have to differ from the movie version in that if you tried to run your business in the fashion that Jim Nash discussed in theory you might do well for a while, but would eventually get hammered in the market place, whether or not you actually were able to sleep with a brunette when you wanted the blond with the big bust (go see the movie, you will understand that comment). In theory it sounded wonderful in the movie yet would not take you very far in the cut throat world of business, even though the regulators always want to level the playing field, more often then not they are manipulated agents for the competition as indicated by Adam Smith, Carl Marx and Rodney Dangerfield in "Back to School." The fact is that even the referees of business, namely the regulating bodies who want to see the playing field leveled usually tip it in the favor of a politically powerful and well connected companies which fund the campaigns of the over see'ers (politicians). Once the regulatory bodies find they have been duped rather than bring it up with the politicians, they want to punish all the players in the industry and kick them out of the game, of course this hurts the fans (consumers) and then the game (industry) and then the referees and fans are not needed (read; "When Atlas Shrugged" By Ayn Rand).

Unless a perfect and fair playing field exists John Nash's dream of a perfect system and economic structure cannot exist and that is pretty straight forward with the study of human psychology, Machiavelli, Maslow's hierarchy of needs, the prisoners, dilemma or a multitude of truisms surrounding human nature. The world does not work that way, it is not a perfect world and therefore such theories are not worthy of attempt although obviously interesting from an academia standpoint or discussion at the geological societies random coffee house dialogues.

The win-lose scenario keeps forcing someone to lose, if we were to really see the true picture here we would find that what John Nash was saying is that you need to take into consideration giving someone else what they want so you can get what you want. I say Obviously John is right. Too bad regulators condemn the greatest contributors of mankind, while the competitors cheat, the playing field is not leveled and the true voter of the monetary unit of trade called a dollar cannot see thru the clutter and scatter of the advertising and behind the scenes truisms of a system which is not all it seems.

When looking at the true methodology of John Nash's achievements it is fair to say that being able to put simple concepts into mathematical formulas will significantly help the future of computers capable of fuzzy logic calculate the answers to game theory, war efforts, strategic thinking and competition exposure in business. That will be one of the great achievements of his work, which will be in the future. However one who is at the helm of a business has other responsibilities such as the survival and profitability of the company and using John Nash's strict modeling in an imperfect world is dangerous to the ongoing vitality of a once going concern. Be careful to prematurely adopt perfect systems in an imperfect world.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

In The News:

The Majalla Magazine
Negotiating with Iran: A better way forward
UPI.com
Negotiation will be deemed a long process. Optimistic claims of progress resulting from trivial concessions will be framed as political victories. And, not surprisingly, Iranian officials will herald the talks as fruitful and call for continued ...
Iranian nuclear negotiations: A little ray of sunshine?The Majalla Magazine
Iran-West Nuclear Negotiations Will Continue in JuneFiredoglake
Inspection at Iran nuclear facility finds higher-level traces of uranium, UN saysCNN
Washington Post -Minneapolis Star Tribune -NewsMax.com
all 3,506 news articles »

Sudan and South Sudan to resume negotiations
Christian Science Monitor
After weeks of fighting, in which South Sudan took out one of Sudan's last remaining oil fields, the two countries are returning to the negotiation table, under African Union mediation. By Scott Baldauf, Staff writer / May 25, 2012 After a series of ...

and more »

Negotiation is not a solution in itself
Montreal Gazette
“Negotiation” – almost everybody in Quebec still seems to believe in its magical powers to solve the current protest crisis, even after it's already failed once. Three-quarters of Quebecers in a recent poll by Léger Marketing for Québecor-owned media ...

and more »

IBNLive.com
International climate negotiations: Moving parts and much-more slowly moving ...
Energy Collective
Parties to the United Nations Framework Convention on Climate Change (UNFCCC) met in Bonn, Germany, May 14-25 and negotiated reductions in emissions of greenhouse gases along three separate tracks. First, the Kyoto Protocol: Delegates to the 17 th ...
Deadlock breaks at UN climate talks, agenda agreedCreamer Media's Engineering News
U.N. climate talks stall over rich-poor divisionsSan Francisco Chronicle
Deadlock breaks at UN climate talks, mistrust remainsReuters India

all 457 news articles »

How coaching baseball helps negotiating deals
Bizjournals.com
As it turns out, coaching has helped me in my real job, namely, negotiating agreements on behalf of commercial real estate and corporate clients. • The Similarities Between Creating a Lineup and a Commercial Lease. Several days before a game, ...

Austin American-Statesman
City approves negotiations to buy Joe's Crab Shack land
Austin American-Statesman
By Shonda Novak The Austin City Council on Thursday gave the go-ahead for city real estate officials to negotiate a contract to buy the 1.8-acre site that is home to the Joe's Crab Shack restaurant on East Riverside Drive. The City Council approved the ...

and more »

GAUVIN: Negotiating with taxpayers in mind has not been council's strong point
Barnstable Patriot
The word “negotiate” appears several times in the story. The young man, let's call him John Smith, then glances wistfully through the expansive window to the commuter traffic slowly passing by outside with its assortment of various car models driven by ...

and more »

KOIN Local 6
Reynolds negotiations end in stalemate, uncertainty
KOIN Local 6
By Rob Cullivan Reynolds School District contract negotiations have again concluded without an agreement, and it's likely both sides won't meet again until Tuesday, May 29, at the earliest, district officials said. Meanwhile, school has been cancelled ...

and more »

Teaneck teacher contract negotiations move to fact-finding stage
NorthJersey.com
BY DENISA R. SUPERVILLE TEANECK — Negotiations between the school board and the teachers' union will move from mediation to fact-finding after discussions reached an impasse on Wednesday night, a union official said Thursday.

China.org.cn
Negotiations for Rio+20 'painfully slow'
China.org.cn
UN Secretary-General Ban Ki- moon on Thursday expressed frustration at the slow pace of negotiations over a draft outcome document for the upcoming UN Conference on Sustainable Development (Rio+20), urging member states to look at the "bigger picture" ...

and more »

Google News