Patrick delivered a Masterclass on data algorithms: Neoteny: Something Abstract is Thinking
In his address he discussed pattern recognition and the filtering of emotions and memory to conclude for business to focus more on smarter algorithms and less focus on big data analytics.
Patrick McNutt is a frequent keynote speaker at conferences and meetings. Some recent topics include: A Nudge to Far, Lying is the Norm, Doing Business in China, Predicting the Future. Relevant documents are available for download on this webpage where he can also be contacted.
Omega Ω Circles, Manifolds & Meso-Data
During 2018, Patrick is asking: what if predictable meso-data patterns could be decoded from omega circles and manifolds? A ppt slide deck is available here on this web page.
Beyond Individual Choice: Meso-Data Creativity
In this presentation, delivered in Dubai, a sustainable strategy is defined as convergence to group rationality via creative solutions. One creative solution - meso-data creativity – is discussed in terms of a sufficiently intelligent algorithms (SIAL), the purpose of which is to to nudge behaviour towards a sustainable strategy outcome. Once rational individuals are ‘enveloped’ by the game they are captured by what Patrick calls the ‘thief of nature’ into a Faustian belief that they can do better than the game outcome. As enveloped players, they mimic the SIAL algorithm and a game between rational individual as an ‘onsumer’ v SIAL is envisaged.
Note the impact of technology such as indoor positioning systems (IPS) on consumer choice. Likewise, when the Giselda type of player, from Chapter 8 Decoding Strategy, enters the game a sustainable strategy equilibrium is obtained. Some of the economic arguments and the game theory concepts attempt to build on earlier work and presentations (available on thiss website), in particular, on cognitive business strategy www.patrickmcnutt.com/news/game-ontology/ and the second win www.patrickmcnutt.com/news/masterclass. In this third insight, Patrick takes us beyond individual choice as an enveloped player in a game. Influenced by the Oxford lectures of the late Michael Bacharach, the presentation reviews the rational decision-making process behind the Prisoners’ dilemma. An additional ppt slideshow on the thief of nature is www.patrickmcnutt.com/elearning/. Note that Michael Bacharach’s edited book Beyond Individual Choice, published posthumously, is available from Princeton University Press.
Patrick will be on a speaking tour in Asia introducing an innovative approach to strategy by complementing game theory with philosophy. The phrase ‘game ontology’ is reserved as a working title for a new book planned with McGraw Hill Asia for 2017 release. He will introduce the philosophy of conduct to audiences at business meetings in Hong Kong on March 17th and Singapore March 22nd. The presentation in Hong Kong will introduce a theme of apoptosis to data patterns, wherein individual choice can be eliminated by a programmed sequence of events. The Masterclass in Singapore will more formally introduce the game ontology underpinning a cognitive business strategy framework and blend the episteme of a mistake into the thinking behind a strategy plan. The big idea behind cognitive business strategy is to provide senior management in an era of big data with an Aide Memoire on how to think ‘ahead of the mistake’ in the translation of a value proposition into a winning strategy. The attached papers are preliminary and subject to change and comments are welcome.
I may be contacted directly using the form below. However, if you prefer you can also contact me through Gerson Lehrman Group www.glgroup.com where I am an active Council Member on the Group's Council on Legal, Economic and Regulatory Affairs.
A very kind welcome to my new look web page which introduces you to a range of different interests and areas of my work, consultancy and research. My portfolio career includes business consultancy, academics and government, advising private and government clients across a range of strategic issues.
As a Visiting Fellow at Manchester Business School, I continue to teach and research, and engage executives in the application of strategic game theory analysis. You can contact me via this web page should you wish to explore how I could assist with and add value to the analysis of your company’s performance or provide executive workshops as a motivational tool or as an input into the strategic advice available to you and your company.