Cognitive biases and preconceived traditional ideas

  write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. Most strategists limit their thinking because of the cognitive biases and preconceived traditional ideas based on past experience. People normally tend to predict the future using linear extrapolations of the past. Strategic thinking requires looking at the big picture and identifying patterns of emergent change in complex systems. There is a need to discern the underlying cause and effect of change versus focusing on the symptoms. Focus your discussion on the following: How can the concept on nonlinear change be applied to strategic management?