The Role of Imagination in the Process of Data Interpretation

Radim Cermák
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Radim Cermák: VŠE Praha, Czech Republic

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Abstract: We are surrounded by complex systems and also we need to interact with these systems. With increasing number of available information involved in these complex systems is sometimes hard to make good decisions. On the other hand, right decisions are today almost necessity (there is no space for errors), mainly for managers and executives. Right decision demands on correct understanding of elements and relations in systems which are involved in our decision making. This article proposes imagination as main factor of correct data interpretation. Imagination is crucial in process of making right relations within our endocepts (mental models of real world) and thus appropriate understanding of surrounding complex systems. Importance of imagination is illustrated on simple example of definition of pulley (which also indicates importance of visualization). Article also points out relationship of data, information and knowledge accompanied by imagination. To conclude, imagination is with sufficient knowledge base another cornerstone for right decision making.

Keywords: imagination; information; knowledge; data; endocept; visualization (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp13:825-830

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