Physics and mathematics in business economics

This is a short text where I mainly test this blog system. At the same time I try to say something about the title of this blog.

I have just heard magnificent radio program where famous scientist Brian Green was talking. His topic was mind blowing issue: multiverse, the idea that there might be several universes. Mr. Green said that mathematics is a tool which can be used to find new phenomena and with the help of mathematics it is possible to suggest new and most intriguing ideas, like the idea of the multiverse. Mr. Greene said that so far many (or at least some) very bold  mathematical calculations have proved to be right, so that what has been first located and deciphered with the help of mathematics have been found in reality. As an example, black hole is famously one such thing.

From the perspective of this blog the most interesting comment in that radio program was the idea that first mathematics locates somehting new and then physics tests whether those located new phenomena are really part of reality which we can measure. Thus there seems to be a system to produce ideas and then a system to test those ideas, both producing and testing are needed.

For me that producing and testing ideas was a powerful point when I started to think business and organizatonal life. Perhaps that form of life is not full of mathematics but it is full of new ideas, plans and propositions. As such those new ideas, plans and propositions can be seen as untested phenomena which must be put under test before we can convince ourselves that they can become of part of reality. And here comes the challenge, how willing and able we are to put our ideas, plans and propositions under test? Could it be be that sometimes in business and in organizational life the mathematics, the production of ideas is the place where we stop. Are there organizations and actors who operate "in the meeting business", ie for those actors presenting and discussing ideas in meetings is a pretty satisfactory result.

That is not, however, the place to stop. Instead also in business and in organizational life the reality test is at least as essential as in mathematics and physics, although it takes a different route than in natural sciences. One could claim that in business and organizational life the reality test of ideas, plans and propositions is vital because typically different actors and stakeholders choose their own way to interpret new ideas, plans and propositions . On the basis of their interpretation they choose how they act toward new ideas. Thus here we are not so much testing the idea as such put developing the idea together and we are actually producing new reality in joint effort with all those actors who are willing and capable in participating to this development.

Sunny days,
Ari