Herbert Simon
American economist and cognitive scientist who won Nobel for decision-making models, noting 'What information consumes is rather obvious: it consumes the attention of its recipients.'
Quotes by Herbert Simon
In an information-rich world, the wealth of information means a dearth of something else: a scarcity of whatever it is that information consumes.
Organizations are the deliberate arrangements of behavior to achieve desired outcomes.
Intelligence is the ability to adapt to change.
The real problem is not whether machines think but whether men do.
Most people are about as happy as they make up their minds to be.
In the long run, the only sustainable competitive advantage is the ability to learn faster than your competitors.
Decision making is the process of choosing among alternative courses of action.
The eye sees only what the mind is prepared to comprehend.
Bounded rationality is the idea that when faced with complex problems, people use heuristics to find satisfactory solutions.
Science is the generation of reliable knowledge about the world.
The art of design is bridging the gap between possibility and purpose.
Happiness is not the absence of problems, but the ability to deal with them.
Thinking is a process of searching for a solution to a problem.
The future is not something we enter; the future is something we create.
Rationality is the use of knowledge to achieve goals.
In organizations, communication is the glue that holds everything together.
Learning is the adaptation of thought processes to meet the demands of the environment.
The measure of intelligence is the ability to change.
Design is the creation of artifacts to attain goals.
Problems are opportunities in disguise.