McKinsey has, rightly, celebrated the work of: ‘Daniel Kahneman, author, economist, and psychologist who was awarded the Nobel Prize in Economic Science in 2002 for his seminal work on human judgement and decision-making, who passed away on March 27 at the age of 90. In his best-selling 2011 book, Thinking, Fast and Slow (Farrar, Straus and Giroux), […]

Recognised social psychologist Karl Weick defines Organisational Sensemaking™ as the process through which people in organisations explore, interpret, and create frameworks to convert unprocessed data into meaningful, actionable, information. It is a constantly evolving process crucial to shaping organisational decisions and strategies. Its practice is of paramount significance in the field of accountancy.  In today’s […]

This article is a refreshingly honest account of how intuitive sensemaking drives our emotional response to our environment.

Organisations experience novelty, either when their activities have resulted in them facing situations for which they were not prepared and had little or no experience, or because external events have forced them into the same space.