Predictable surprise

A "Predictable Surprise" describes a situation or circumstance in which avoidable crises are marginalized in order to satisfy economic and social policies.

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Definition

Max H. Bazerman and Michael D. Watkins define "predictable surprises" as problems that

The problems behind "predictable surprises" tend to require a significant investment in the near term that will not pay off until later. This could involve changes to established organization culture and/or changes that competing interests do not benefit from.

Examples of predictable surprises

Citations

  1. ^ Watkins, M (2007)BusinessWeek (December 17) Subprime: A Predictable Surprise
  2. ^ Irons, L (2005) Homeland Security Affairs Hurricane Katrina as A Predictable Surprise
  3. ^ Bazerman, M (2006) Climate change as a predictable surprise.Climatic Change 77:79-193

References