Management Science Process—Experience-Generalized Decision Making: The Next Generation of Managerial Models

Until now, changes in philosophy about the appropriate role that models play in managerial decision processes have evolved in an unplanned way. Changes have generally occurred in reaction to problems that were encountered in previous phases of development. This paper makes the case for planning the next generation of model changes. It presents one possible future system, called Experience-Generalized Decision Processes, and identifies the types of resources that must be involved in research to create the system.