Management is not playing games; management is prediction.

Deming WE 1994 ‘The New Economics: For Industry, Government, Education’ MIT Press: Massachusetts p163

Management is prediction. The theory of knowledge helps us to understand that management in any form is prediction.

The simplest plan – how may I go home tonight – requires prediction that my automobile will start and run, or that the bus will come, or the train. Knowledge is built on theory.

The theory of knowledge teaches us that a statement, if it conveys knowledge, predicts future outcome, with risk of being wrong, and that it fits without failure observations of the past.

Rational prediction requires theory and builds on knowledge through systematic revision and extension of theory based on comparison of prediction with observation.

Deming WE 1994 ‘The New Economics: For Industry, Government, Education’ MIT Press: Massachusetts pp101-2