ABSTRACT

The information that supports the narrative of how and why things unfolded in the organization's strategic management past, how market share ebbs and flows, is usually known or knowable. Project-oriented organizations, those with a nominal business cycle of bidding on project work, winning the work, performing the work, closing out the project, and looking for the next project, can employ a Strategic Management information system capable of predicting future revenue streams with a fair degree of accuracy. Von Neumann posited that most or all of the participants would employ strategies that maximized their payoff, if only they were all clear on what was the relationship between the selected strategy and ensuing payoff. But this is not so, as was demonstrated by experiments using the Ultimatum Game. But, unlike Von Neumann's work, it is possible to articulate a game structure that acknowledges the nature of Black Swan events.