EDWARD'S LECTURE NOTES:
More notes at http://tanguay.info/learntracker
C O U R S E 
What Managers Can Learn from Great Philosophers
Luc de Brabandere, École Centrale Paris
https://www.coursera.org/course/businessandphilo
C O U R S E   L E C T U R E 
Two Types of Change: Perception and Reality
Notes taken on April 26, 2014 by Edward Tanguay
•
a CEO is in charge of change
•
we have to understand the deep nature of change in order to be a good manager of change
•
Parmenides was convinced that change is not possible
•
Heraclitus believed in ever-present change
•
Machiavelli
•
The Prince, a book about change and resistance of change
•
to change is a challenge
•
there are two types of change
•
1. the change of reality
•
like a tree that is growing, each week it is different
•
they way your company continually changes over time
•
2. the change of perception
•
the way you look at your company
•
this is a difference kind of change
•
discontinuous change
•
changing your perception happens instantly
•
a CEO in charge of change has to cope with the two types of change and the rules for each type of change are completely different
•
not only your perception, but your client's perception
•
to change is to change twice
•
example #1: someone is always late
•
1. change in reality
•
GPS in the car
•
meetings scheduled later
•
its not enough
•
2. change in perception
•
has to change perception of punctuality
•
"I want to be on time, I have time for a coffee and am better prepared"
•
example #2: journalism
•
1. change in reality
•
people used to receive a newspaper and read it
•
now they find stories from many newspapers via Google
•
2. change in perception
•
we have to realize that as we read, we also give information to Google
•
example #3: mergers
•
when two banks merge
•
changing reality: you have to build a reality of one single accounting system, one single computer system
•
changing minds: people need to change how they go about their work, this is often the forgotten half of change
•
there has to be a new mental model in people's minds
•
for a CEO it is hard to master, but it is necessary
•
CEO needs a simplified vision
•
a new vision involves not just a change of degree but a paradigm shift, a different way of perceiving