Such researches on the dynamics of managerical decision making and the role that consciousness and intuition play in the process have struck a responsive chord in progressive-minded corporate heads. In a thought provoking article entitled New Age for Business? which came out in Fortune magazine Oct 8, 1990 author Frank reported the conversion of the Victorian Big House on top of the cliff at Esalen INstitute into a corporate retreat where conferees could select from a menu of Esalen traning techniques ranging from stress reduction to creativity and intuition enhancement. Afew year back said the author, such an idea was unthinkable. Not anymore. Now companies like AT&t, Procter and Gamble and Du Point are offering employeers personal growth experiences of their onw hoping to spur creativity encourage learning and promote ownership of the campany`s results. A handful of visionary leaders General Electric Chairman Jack Welch chief among them are going beyond traning seminars to a fundamantal reordering of managerial priorities."
A small network of consultants, thinkers and academics are working to transform business, and are calling for a new paradigm a whole new framework for seeing and undertanding business. Whereas the old paradigm or worldview takes its principle from the mechanistic and analytical Newtonian physics of the objective world, the new paradigm according to Frank take ideas from such disparate disciplines as quantum physics cybernetics, chaos theory cognitive science and Eastern and spiritual conditions to form a worldview in which everything is interconnected in which reality is not absolute but a by product of human consciousness.