Business Case Studies, Executive Interviews, Paul Bracken on Midlife Crisis

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Interview with Paul Bracken on Midlife Crisis

February 2009 - By Dr. Nagendra V Chowdary

People who feel burned out should embrace some pattern breaking activity. It can be golf, learning a new field, like dynamical systems theory, or even taking a hobby seriously. Community service and travel are also great stimulants. I tell my students that however old they are they should always be taking at least one course. It may be at a university, or it may be over the Internet, or just reading systematically a new field like risk management.
—Paul Bracken
Effective executive interview with Paul Bracken on Mid Life Crisis

Paul Bracken is a leading expert in global competition and the strategic application of technology in business and defense. He has devoted his research and teaching to developing solutions for senior management as it deals with rapidly changing strategic developments under conditions of intense uncertainty. At Yale he designed and teaches the new MBA required course on Problem Framing, which uses scenario techniques and alternative futures to navigate and create new value in a turbulent business environment. The tools in this course are applied to business cases in private equity, technology, energy, and political risk.

Bracken also teaches Business, Government, and Globalization, which examines the multinational corporation’s strategy and structure under globalization; and strategy, technology, and war which develops technology and innovation landscapes for business and defense. Professor Bracken is rated as the best teacher in Yale’s executive education programs. He has taught in corporate education programs in the US and around the world. He is a consultant to private equity funds, accounting, and insurance companies as well as to various parts of the US Government. He often leads business war games for companies facing new challenges,

and recently ran a game on the competitive evolution of the European asset management industry. A member of the Council on Foreign Relations, he serves on the Chief of Naval Operations Executive Panel, the Transformation Advisory Group of the US Joint Forces Command, as well as advising other parts of the Government and National Academy of Sciences Task Forces.

Useful for Understanding of:

  • Changes in the management education in the last decade
  • Relationship between war and strategy
  • What is midlife crisis?
  • Role of leadership in managing midlife change.
Originally Published in Effective Executive, IUP
Effective Executive Reference No. 03M-2009-02-04-06
IBSCDC Reference No. INT0086
Year and Month of Publication February 2009
Keywords Paul Bracken, Changes in the management education in the last decade, Relationship between war and strategy, What is midlife crisis?, Role of leadership in managing midlife change

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