Thomas A. Stewart / Claus Otto Scharmer

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Learning from the past is more relevant and productive in stable markets ruled by the law of diminishing returns than it is in tumultuous markets characterized by technological discontinuities and positive-feedback loops (increasing returns).

Learning from the future is less about processing information and more about structuring it and seeing patterns in it. It’s less concerned with making plans than with producing capabilities. It is, as I said, a subtle distinction, but one worth making.

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